H.R. 7133 · 115th Congress
Captive Insurers Clarification Act
- Stage
- In committee
- Sponsor
- Peter Welch
- Introduced
- 2018-11-14
- Latest action
- 2018-11-14 · Introduced in House
Summary
Captive Insurers Clarification Act
This bill specifies that captive insurance companies are not nonadmitted insurers under the Nonadmitted and Reinsurance Reform Act of 2010, which provides that nonadmitted insurers are regulated by the insured's home state.