Clarification to Bulletins 2025-01 and 2025-05

[LOGO] KAY IVEY GOVERNOR MARK FOWLER COMMISSIONER STATE OF ALABAMA DEPARTMENT OF INSURANCE 201 MONROE STREET, SUITE 502 POST OFFICE BOX 303351 MONTGOMERY, ALABAMA 36130-3351 TELEPHONE: (334) 269-3550 FACSIMILE: (334) 241-4192 INTERNET: www.aldoi.gov DEPUTY COMMISSIONERS JIMMY W. GUNN LARRY CHAPMAN RICHARD FIORE DUSTY SMITH CHIEF EXAMINER SHEILA TRAVIS STATE FIRE MARSHAL SCOTT F. PILGREEN GENERAL COUNSEL REYN NORMAN # CLARIFICATION TO BULLETINS 2025-01 and 2025-05 TO: Entities interested in acting as captive insurers or risk retention groups in Alabama; captive managers FROM: Mark Fowler Commissioner of Insurance Mark Fowler RE: Temporary Moratorium on Licensing or Registration of New Captive Insurers and Risk Retention Groups in Alabama DATE: October 30, 2025 EFFECTIVE: Immediate As a clarification, Department Bulletins 2025-01 and 2025-05 concerning a temporary moratorium on licensing or registration of captive insurance companies are not intended to apply, and will not be applied, to applications for registration by foreign [non-Alabama] risk retention groups. Such applications will be processed by the Department in the ordinary course notwithstanding the moratorium stated in Bulletins 2025-01 and 2025-05. MF/JFM Alabama Department of Insurance Established 1897