The Captive Insurance Company Act of 2004 provides significant new opportunities for businesses to insure themselves instead of seeking insurance in the commercial market. A captive insurance company, or captive, is an insurance company that is formed to insure the risks of its owners.
The following information can be found on the DC Department of Insurance, Securities and Banking (DISB) website, click here to access.
For a list of approved Captive Managers, click here.
For a list of licensed captives, click here.
RRG Statutory Changes