Senate Finance - 2026-02-12 - 3:30PM

Legislative Committee (hearing) · February 12, 2026

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Meeting opening and bill introduction

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Unidentified Committee Member opened the session and introduced bill H 649 to 'activate the cap of insurance companies' and asked legislative counsel to walk the committee through the bill.

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Speakers:Unidentified Committee MemberUnidentified Presenter

Legislative hearing on bill H649 to amend captive insurance law, clarifying reporting, prohibiting loans from risk retention groups to members (grandfathering prior agreements), and tightening funding attestations for protected cells; presenters included legislative counsel, Deputy Commissioner Christine Brown, and industry representative Ian Davis.

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Transcript

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