AL Insurance Bulletin issued 2026-07-01

Termination of Bulletins 2025-01 and 2025-05

Year: 2026Length: 215 wordsOfficial source
ALDOI ALABAMA DEPARTMENT OF INSURANCE 201 MONROE STREET, SUITE 502 POST OFFICE BOX 303351 MONTGOMERY, AL 36130-3351 PHONE: (334) 269-3550 WWW.ALDOI.GOV GOVERNOR KAY IVEY COMMISSIONER MARK FOWLER DEPUTY COMMISSIONERS LARRY CHAPMAN RICHARD FIORE DUSTY SMITH TODRICK BURKS CHIEF EXAMINER SHEILA TRAVIS STATE FIRE MARSHAL SCOTT F. PILGREEN GENERAL COUNSEL REYN NORMAN # TERMINATION OF BULLETINS 2025-01 AND 2025-05 TO: Entities interested in acting as captive insurers or domestic risk retention groups in Alabama; captive managers FROM: Mark Fowler Commissioner of Insurance Mark Fowler RE: Termination of Temporary Moratorium on Licensing or Registration of New Captive Insurers and Domestic Risk Retention Groups in Alabama DATE: July 1, 2026 EFFECTIVE: Immediate RESCINDS: Bulletins 2025-01 and 2025-05 and clarification [October 30, 2025] As set forth in Department Bulletin 2025-05 [September 2, 2025], the temporary moratorium on the acceptance or processing of new filings for registration of captive insurance companies or domestic risk retention groups terminated on June 30, 2026. The moratorium period has not been extended. Prior Department Bulletins 2025-01 and 2025-05 and associated clarification [October 30, 2025] are rescinded. Effective July 1, 2026, acceptance and processing of new filings for registration of captive insurance companies and domestic risk retention groups will be accepted and resolved in the ordinary course. MF/JFM [LOGO] Alabama Department of Insurance Established 1897
AL Insurance Bulletin issued 2026-07-01: Termination of Bulletins 2025-01 and 2025-05 | Justis AI