Video & Transcript Research : 'sponsored captive'

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OK
Transcript Highlights:
  • Oklahoma Captive Insurance Company Act.
  • The bill reflects a collaborative effort between the Oklahoma Insurance Department and the Oklahoma Captive
  • Insurance Association to improve the state's captive insurance framework.
  • That are active and actively attract captive insurance companies at this time.
OK

Oklahoma 2026 Regular Session

Commerce and Economic Development Oversight REVISION 2: HB3127 - Added Mar 5th, 2026 at 10:30 am

Commerce & Economic Development Oversight

Transcript Highlights:
  • House Bill 2955 updates and modernizes the Oklahoma captive insurance company act.
  • The bill reflects a collaborative effort between the Oklahoma Insurance Department and the Oklahoma Captive
  • Insurance Association to improve the state's captive insurance framework.
  • The changes are intended to make Oklahoma more competitive with other states that actively attract captive
OK

Oklahoma 2026 Regular Session

Business and Insurance 2ND REVISED Apr 23rd, 2026 at 09:30 am

Business and Insurance

Transcript Highlights:
  • Let me just say this right now to all nominees today: if it wasn't for your sponsoring senator, even
  • though the governor has nominated you, it's your sponsoring senator who will get you over the finish
  • I talked to the legislature that was the sponsor of that bill, and he has some questions and is trying
  • House 2955 simply updates and modernizes the Oklahoma Captive Insurance Company Act.
  • Insurance Association to improve the statutes surrounding the captive insurance framework.
HI

Hawaii 2026 Regular Session

CPN Public Hearing 01-29-2026

Commerce and Consumer Protection

Transcript Highlights:
  • ...and surplus that class 4 sponsored captive insurance companies are required to maintain under
  • >> Oh, uh, DCCA, please. captive insurance company where the core captive insurance company where the
  • Uh, we just feel that the specific language provided that the sponsored captive insurance company does
  • > does sponsored captive insurance company does sponsored captive insurance company does not<00
  • <00:38:13.280> plans sponsored plans sponsored plans and<00:38:15.359> they<00:38:15.680
Summary: The Senate Commerce and Consumer Protection Committee opened its first hearing of the year with remarks from Chair Jared Kohole outlining hearing procedures, a two-minute testimony limit, rules for remote testimony and decorum, and a revised testimony-publication pilot that keeps 96-hour notice but returns to a standard 24-hour testimony deadline. He then moved through the agenda, beginning with SB 2004 on outdoor advertising, which would increase penalties for violations of billboard and outdoor advertising laws. Testimony on that measure was limited; Henry Curtis of Life of the Land was first up, and written support was noted from Hawaiian Electric and the Outdoor Circle. The committee then heard SB 2039 on election campaign finance, which would prohibit certain business entities from engaging in campaign finance activities. The Attorney General’s office offered comments and did not take a formal position at the hearing. Several proponents testified in support, including Josh Frost, Tom Moore of the Center for American Progress, Hapa/Hawaii Alliance for Progressive Action, and Common Cause Hawaiʻi, all arguing the bill would curb corporate and dark-money influence and return elections to the people. Moore distinguished between regulating corporate “rights” and limiting corporate “powers,” and said the state can redefine the powers it grants corporations. In questions, Senator McKelvey asked whether the bill could be expanded to include unions; the Attorney General said he would need to get back with legal analysis, while Moore said his preferred approach would include all entities and that leaving out nonprofits or unions would create problems. Members also discussed whether the bill would affect PACs, and Moore explained that the proposal would prohibit corporate and dark-money flows into PACs while leaving individual political giving and existing political committees in place. The committee then moved on to the next measure. SB 2042, relating to insurance, was heard next. The bill would reduce the unimpaired minimum capital and surplus required of class 4 sponsored captive insurance companies under certain circumstances. The DCCA Insurance Division said it stood on its written testimony, and the Hawaii Captive Insurance Council testified in support, describing the change as a narrow, risk-based adjustment that would not affect the commissioner’s authority where actual risk resides and would help keep Hawaii competitive. The committee noted additional written support and proceeded without a vote or final action in the portion of the hearing provided.
AL

Alabama 2025 Regular Session

Alabama House Agriculture and Forestry Committee Apr 9th, 2025

Agriculture and Forestry

Transcript Highlights:
  • The sponsor is here and a little bit of...
  • The sponsor is here and a little bit of what you've done before we start public testimony.
  • And the part the sponsor is speaking of is the killing and testing of deer due to an outside positive
  • to know what's going on in all sectors where white-tailed deer are in this state, in the wild, in captive
  • We tested one breeder and one captive server within 10 miles.
Bills: HB509
OK
Transcript Highlights:
  • Click about machine sponsoring co and halls where calls no progress Sneedi Reminds members if you're
  • Bill 2955 updates and modernizes the Oklahoma captive insurance Company Act.
  • The bill reflects the collective effort between the Oklahoma Insurance Department and the Oklahoma Captive
  • Insurance Association to improve the state's captive insurance framework.
FL

Florida 2026 Regular Session

Banking and Insurance Feb 4th, 2026

Banking and Insurance

Transcript Highlights:
  • cell captive insurers or protected cell companies.
  • Of the 36 states allowing captive insurance, 21 allow some form of PCC.
  • The point is, they are captive cells separated from each other.
  • I'm not saying that protected cell captives are brand new.
  • I am the Secretary of the Florida Captive Insurance Association.
Summary: The Banking and Insurance Committee heard and advanced a wide range of insurance, financial services, and probate bills. Early in the meeting, SB 1000 on trust fund interest for attorney trust accounts was explained as setting a floor and ceiling tied to the Wall Street Journal prime rate and was reported favorably. The committee then took up CS/SB 1082 on a statewide provider and health plan claim dispute resolution program for emergency out-of-network claims. After extensive discussion about the relationship between the state and federal No Surprises Act processes, an amendment was withdrawn due to concerns about clarity and scope, but the bill itself was supported by providers and insurers and was reported favorably. The committee also approved SB 684 on electronic signatures for total loss vehicles and vessels, CS/SB 158 on pet insurance consumer disclosures and agent education, SB 1494 expanding breast cancer screening coverage, CS/SB 314 on digital assets and stablecoin issuers, and CS/SB 1500 on uncontested probate procedures and small-estate administration. SB 618 on workers’ compensation insurance was amended to raise the consent-to-rate cap for workers’ compensation policies from 10% to 20% and then reported favorably, with supporters saying it would help keep higher-risk employers in the voluntary market. CS/SB 1568 creating a Florida Stablecoin Pilot Program was amended to remove authority for a Florida coin and limit the program to existing stablecoins, then passed. Later, the committee approved CS/SB 838 on electronic payment convenience fees for retail installment contracts, with the sponsor emphasizing that a fee-free payment option must still be offered. SB 1452, the Department of Financial Services agency bill, was amended and reported favorably; it covered My Safe Florida Home administration, insurance and licensing changes, unclaimed property updates, and other DFS-related provisions. The committee also passed SB 1706 on the My Safe Florida Condominium Pilot Program, targeting owner-occupied condominiums at or below 80% of area median income, and SB 990 on protected cell captive insurance companies, which supporters said would modernize Florida’s captive insurance laws and encourage more competition. The meeting ended with all listed bills reported favorably and the committee adjourned.
FL

Florida 2026 Regular Session

Appropriations Committee on Agriculture, Environment, and General Government Feb 18th, 2026

Appropriations Committee on Agriculture, Environment, and General Government

Transcript Highlights:
  • And so are there any questions of the sponsor? Seeing none, we’re in public testimony.
  • in Florida called protective cell captive insurance companies.
  • And what this is... ...gained a sponsor on the House side, House Bill 883.
  • a protective cell captive insurance company.
  • On behalf of the Florida Captive Insurance Association. Thank you.
Summary: The committee heard and advanced several bills related to engineering regulation, cybersecurity, financial services, and state administration. CS/SB 800 would increase penalties for repeated unlicensed engineering practice and create an engineering student loan assistance program funded by licensure fees and fines; it was reported favorably after questions about whether it would reimburse victims of unlicensed practitioners, with the sponsor noting it would not and that affected individuals would need to pursue complaints and private legal action. CS/SB 576 created a local government cybersecurity protection program administered by Florida Digital Service, with state purchasing of cybersecurity services and priority for fiscally constrained counties; it received support from local government and industry groups and was reported favorably. CS/SB 1078 set transition requirements for gubernatorial administrations, including liaisons, briefing books, office space, IT access, and controlled access to agency records under a memorandum of understanding, and it also passed favorably. The committee also approved CS/SB 314, which creates a regulatory framework for payment stablecoin issuers in Florida, and CS/SB 530, which updates lottery operations, security, retailer rules, and bonding requirements. CS/SB 1614, after adoption of a technical substitute amendment, would limit local governments’ eligibility for certain state funding if they have excess funds, have recently been audited by the legislative audit committee, or fail to affirm expenditure of prior funds; the sponsor said it would give the Joint Legislative Auditing Committee more enforcement leverage, and the bill was reported favorably. CS/SB 990 authorizes protective cell captive insurance companies to expand insurance market capacity and potentially lower premiums, while CS/SB 1588 is a step toward implementing last session’s gold and silver legal tender law; both were reported favorably. Additional bills passed included CS/SB 1440, which adds cybersecurity-related exemptions and reporting provisions for financial institutions, loan originators, and money service businesses, and CS/SB 1568, which creates a Florida Stable Coin Pilot Program allowing DFS fees to be paid with approved stablecoins. The stablecoin bill was amended to add guardrails, including fee limits, website notice requirements, and restrictions if no approved issuers are available. The committee also received a brief budget overview highlighting major funding items such as Florida Forever, Everglades restoration, water quality, Farmers Feeding Florida, citrus recovery, school lunches, state parks, and law enforcement and staffing items, and members later recorded additional votes before the committee adjourned.
MN

Minnesota 2025-2026 Regular Session

House Higher Education Finance and Policy Committee 4/14/26

Higher Education Finance and Policy

Transcript Highlights:
  • political party rather than sponsored by the university as a whole.
  • political party rather than sponsored by the university as a whole.
  • political party rather than sponsored by the university as a whole.
  • political party rather than sponsored by the university as a whole.
  • political party rather than sponsored by the university as a whole.
Bills: HF4479, HF4368, HF4889
Summary: The committee approved the April 9 minutes and then took up House File 4479, which would require public postsecondary institutions to make space available for town halls and similar official events by elected officials, with limits intended to keep the events on the official side and not campaign-related. Representative Frederick said the bill is meant to prevent universities from creating barriers such as fees or parking charges and to ensure a neutral, accessible venue for community conversations. The bill was laid over for possible later action. The committee heard supportive testimony from Jim Dimmick of Minnesota State University, Mankato, who argued that town halls should be public, open, moderated, and dialogic rather than speeches, and said universities should be centers for public discourse. He also said charging fees can undermine neutrality and that using partisan student groups to sponsor events can create the appearance of bias. Minnesota State official Mr. Omen said campuses often host these events, fees are set locally to cover costs, and student government sponsorship can sometimes avoid charges; he also noted the fee at Mankato is discounted and depends on room size. Several members raised concerns about the bill. Representative Scott, Chair Robbins, Representative Schwarz, Representative Allen, and others argued that campuses should not be required by statute to give legislators special treatment, that fees and parking costs cover real expenses, and that universities should remain focused on education rather than political events. Questions also focused on who would decide what room size is reasonable, how disputes would be handled, and who would pay for security if protests or safety issues arose. Representative Frederick responded that room selection would be a good-faith partnership with the university, that the bill does not require a town hall or guarantee a specific room, and that security funding is not spelled out in the bill.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-03-10 - 9:30AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • This bill pertains to just two types of captives: risk retention groups and sponsored captive insurance
  • > sponsored<00:11:13.200> captive<00:11:13.680> insurance groups and sponsored captive
  • Section three pertains to captive insurance companies and their protected cell sponsored captive insurance
  • Section three pertains to captive insurance companies and their protected cell sponsored captive insurance
  • Sponsored captives typ coverage.
Keywords: 927, senate, all
VT

Vermont 2025-2026 Regular Session

House Session - 2026-01-15 - 3:00PM

Vermont House Floor Meeting

Transcript Highlights:
  • This bill pertains to two types of captives: risk retention groups and sponsored captive insurance companies
  • A sponsored captive insurance company is a specialized entity established by a sponsor such as a commercial
  • Sponsored captives typically use a segregated cell called a protected cell structure.
  • A sponsored captive insurance company is a specialized entity established by a sponsor such as a commercial
  • Sponsored captives typically use a segregated cell called a protected cell structure.
Keywords: 926, house, all
Summary: The House opened with devotional remarks from Representative Greer focused on perspective, kindness, and the idea that people “earn” respect and love through shared humanity. After that, the chamber suspended rules to introduce 17 House bills by number only, and adopted JRS 3 in concurrence, setting a joint assembly for Tuesday, January 20, 2026 at 1:00 p.m. to receive the governor’s budget message. Several announcements followed, including birthday wishes, a note about the new federal whole milk for schools law, guest introductions, and caucus notices. The House also approved committee transfers for H.393, an act relating to the prohibition of requiring face masks in schools, moving it from Education to Healthcare, and H.334, an act relating to limiting employer restrictions on individuals separating from employment, moving it from General and Housing to Commerce and Economic Development. The chamber then took up H.649 on captive insurance companies. The Commerce and Economic Development Committee explained that the bill, based on Department of Financial Regulation proposals, would prohibit risk retention groups from lending to or investing in members or affiliates, require annual and quarterly filings in NAIC form with a jurat page and actuarial certificate, and create new filing requirements for sponsored captive protected cells. The committee reported unanimous support, and the House amended the bill and ordered third reading. The House next considered S.60, establishing a Farm Security Special Fund. The Agriculture, Food Resiliency, and Forestry Committee and Appropriations described the bill as a response to repeated weather-related losses affecting farms and forestry operations, including flooding, freezes, drought, and other extreme events. The House version adds forestry and changes assistance from grants to payments to make aid faster and less cumbersome. The program would be administered by the Agency of Agriculture, Food and Markets, with a review board and payments of up to 50% of uncovered losses, capped at 5% of annual appropriations and $150,000 per application. The committee testimony emphasized the need for a permanent, predictable state relief mechanism, and the bill was advanced with strong support.