Idaho
- Year captive legislation was passed
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- Types of captives allowed
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- Risk retention groups
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Initial licensing and incorporating fees required by the domicile
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- Annual fees
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- Premium tax rate
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- Dividend Distribution for Surplus Allowance
- Yes, but only if deemed in "good financial condition" by outside examiner from Idaho.
- Minimum capital (broken out by type of captive)
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For RRGs, $1,000,000 is the minimum capitalization requirement, although RRGs specializing in title insurance need $500,000 in capitalization, and RRGs specializing in Mortgage Guaranty insurance need $1,500,000.
- Applicable Acts/Enabling Legislation
- https://legislature.idaho.gov/statutesrules/idstat/title41/t41ch17/sect41-1702/
- Speed of licensing
- 30-60 days
- Address and contact information of Regulatory Department
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