D.C. Domicile Strives For Flexibility
Washington, D.C., which enacted captive legislation in 2001, has set its sights on becoming one of the top domiciles worldwide, according to its new captive director.
William P. White had been serving as director of captive insurance with the Department of Insurance and Securities Regulation in Washington, D.C. for about six weeks when he revealed his plans to National Underwriter in late July. He said, ultimately, he plans for the domicile to be “regarded at the same level that you would regard Vermont, or Bermuda for that matter.”
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