INSURANCE REGULATION 95 CAPTIVE INSURANCE FINANCIAL REGULATION


230-RICR-20-45-10 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 45 Financial Standards and Corporate Operations
Part 10 INSURANCE REGULATION 95 CAPTIVE INSURANCE FINANCIAL REGULATION
Type of Filing Technical Revision
Regulation Status Inactive
Effective 12/19/2001 to 12/19/2001

Regulation Authority:

R.I. Gen. Laws §§ 27-43-10 and 42-14-17.

Purpose and Reason:

The purpose of this Regulation is to set forth the financial and reporting requirements which the director deems necessary for the Regulation of captive insurance companies, as authorized by the Captive Insurance Company Act, R.I. Gen. Laws §§ 27-43-1 et seq. Reference herein to "company" shall mean captive insurance company or companies, unless otherwise specified.