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- S.2726
S.2726: Captive Insurers Clarification Act
About This Bill
- Introduced July 31, 2014
- Latest Major Action July 31, 2014
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Captive Insurers Clarification Act - Amends the Nonadmitted and Reinsurance Reform Act of 2010 to define "captive insurance company" as an insurance company wholly owned directly or indirectly: (1) by a single parent company and whose primary purpose is to insure the risks of that single parent company or its affiliates; (2) by a group of companies and whose primary purpose is to insure the risks of that group or its affiliates; and (3) by an...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
July 31, 2014 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
July 31, 2014 |
Introduced in the Senate by Patrick J. Leahy (D-Vt.) |