Captive Insurers Clarification Act

Bill Number

HR 7133

Introduced

Nov 14, 2018

Latest Action

Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be s ...

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Cosponsors

Topics

Finance and Financial Sector Insurance industry and regulation State and local government operations

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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.

Actions

Nov 14, 2018

Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Nov 14, 2018

Introduced in House

Amendments

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