Me. Rev. Stat. tit. 24-A, ch. 83 – Captive Insurance Companies | Midpage

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Maine Revised Statutes

Chapter 83

Me. Rev. Stat. tit. 24-A, ch. 83

Captive Insurance Companies

6701Definitions 6702Licensing; authority 6703Names of companies 6704Minimum capital and surplus 6706Formation of captive insurance companies in this State 6707Financial statements and other reports 6708Examinations and investigations 6709Grounds and procedures for suspension and revocation of license 6710Legal investments 6711Reinsurance 6712Rating organizations 6713Exemption from compulsory associations 6714Delinquent captive insurers 6715Confidential information 6716Redomestication; approval as a domestic captive insurer 6717Redomestication; conversion to foreign insurer 6718Rules 6719Laws applicable 6720Fees, taxes and assessments 6721Rules for controlled unaffiliated business 6722Conversion to or merger with reciprocal insurer 6724Sponsored captive insurance companies 6725Branch captive insurance companies