The Maryland Insurance Administration (MIA) announces a virtual, open meeting regarding the use of captive insurance companies by entities in the State on Wednesday, October 7, 2026.
Maryland Senate Bill 890 (2026), effective July 1, 2026, requires the MIA to conduct a comprehensive study on how entities use, regulate, and are taxed regarding captive insurance companies. The MIA must report its findings to the Governor and key legislative committees by January 1, 2027. In furtherance of that charge, the MIA will be holding a virtual, open meeting to gather feedback from industry stakeholders, consumers, and others on the use of captive insurance companies by entities in the State.
Use of Captive Insurance Companies Public Meeting
Wednesday, October 7, 2026
Agenda for October 7 Public Meeting for Use of Captive Insurance Companies
View video of October 7 Use of Captive Insurance Companies Public Meeting
Read public comments for October 7 Public Meeting, Use of Captive Insurance Companies
Read MIA Presentation Use of Captive Insurance Companies Public Meeting
Read Maryland Hospital Association Presentation Maryland Hospital Risk Management Through Captives
Read Centers for Better Insurance Presentation Study on Use, Regulation and Taxation of Captives
If you would like to present or offer public comments during the virtual public hearing, please sign up in advance by emailing Craig Ey at [email protected]. MIA can only assure the opportunity to speak during the virtual public hearing to those interested parties who have signed up by Monday, October 5, 2026.
