Interim Admission Forms Ready for Captives

The Missouri Department of Insurance, Financial Institutions and Professional Registration reported it is providing interim forms to help implement legislation allowing formation of captive insurance companies. The department reports captive insurers could bring as much as $10 million in revenues to the state over the next three years. Legislation signed by Gov. Matt Blunt allows captive insurance companies to register beginning Tuesday to do business in Missouri, the department explained. The department reported that "although the full scope of implementing this legislation will not ...