Maine
- Year captive legislation was passed
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- Types of captives allowed
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- Single parent captives
- Association captives
- Group captives
- Protected cell/segregated portfolio companies
- Risk retention groups
- Number of full-time employees in captive regulatory department
- 2
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Initial licensing and incorporating fees required by the domicile
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- Annual filing requirements
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- Annual fees
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- Premium tax rate
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- Premiums to surplus
- None
- Minimum capital (broken out by type of captive)
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$200,000 pure; $500,000 industrial insured; $750,000 association; $1 million risk retention group; $750,000 sponsored
- Applicable Acts/Enabling Legislation
- Title 24-A, Chapter 83, Sections 6701-6725, 1997.
- Captive Administrator’s name and longevity in position
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- Regulator
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- Address and contact information of Regulatory Department
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- Website Address
- https://www.maine.gov/pfr/insurance/