The Connecticut Insurance Department published bulletins providing information on administrative, governance, and electronic financial statement requirements for risk retention groups (RRGs). These requirements apply to all RRGs, including those operating as captive insurance companies.

RRGs domiciled outside Connecticut must be registered with the Commissioner before they can offer insurance in the state. RRGs seeking registration must submit the following:

• A statement identifying the state they are chartered and licensed, the date of chartering, and their principal place of business
• A copy of its plan of operations or a feasibility study
• A statement of registration designating the Commissioner as its agent for receiving service of legal documents of process