Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateDistrict of ColumbiaIn Committee
B 260588: Captive Insurance Company Amendment Act of 2026
Phil Mendelson
B 260588 status: In Committee — Committee Mark-up of B26-0588 by the Health Committee (updated Oct 14, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
65OUT OF 100
Score:65/100 civic fit
Risk:Low Risk
Impact:Moderate Impact 45/100
Constitutionality95%
Bipartisan70%
Public opinion50%
Bill summary
Some businesses create their own private "insurance company" just to cover their own risks, rather than buying a policy from a regular insurance company. This is called "captive insurance." The **Captive Insurance Company Amendment Act of 2026** is a bill currently being reviewed by the D.C. Council. Its goal is to update and clarify the legal rules for how these private insurance companies operate within the District.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
70%
Benefits
- Provides clearer legal frameworks for business risk management
- Potentially attracts more captive insurance companies to domicile in D.C.
- Reduces regulatory uncertainty for existing captive insurers
Risks
- Potential for unexpected administrative compliance costs
- Rules primarily benefit large entities with captive capacity
- Regulatory updates may create a temporary adjustment period
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
Positive outlook
60%
Benefits
- Clarifies statutory authority over private insurance structures
- Reduces ambiguity in existing insurance oversight rules
- Formalizes compliance requirements for captive entities
Risks
- Limited evidence on specific new disclosure requirements
- Potential for agency discretion in rule interpretation
- Lack of detailed public oversight mechanisms in current summary
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
The full impact depends on specific regulatory changes not yet detailed in the public summary.
Analysis scope
Source provided is an abstract; details on specific legal amendments are not yet available.
04
Where it stands
Official record- IntroducedComplete
- CommitteeCurrent
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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