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Montana Passes Bill Easing Captive Rules

The Montana Captive Insurance Association, Inc. (MCIA) said that a measure passed by the legislature that eases requirements for captive operations should strengthen the state's position as a captive domicile.

By Caroline McDonald | Updated on March 18, 2009

The Montana Captive Insurance Association, Inc. (MCIA) said that a measure passed by the legislature that eases requirements for captive operations should strengthen the state’s position as a captive domicile.

HB160 awaiting the signature of Gov. Brian Schweitzer, was given final approval by the House March 9 on a 47-1 vote. MCIA said they expect Mr. Schweitzer to sign it before the end of the month.

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