TxCIA 2023 Annual Conference - Register Now!TxCIA is pleased to announce that it will hold its 2023 Annual Conference in Irving, TX at the Irving Convention Center at Las Colinas The conference will take place October 17-18, 2023. Registration is now open. Sponsorship packages are also available for purchase, and information on discounted hotel rooms is available on the conference webpage. TxCIA Lobbying Initiative Achieves GoalTxCIA's Board of Directors is pleased to announce that a special lobbying initiative for the 88th regular session of the Texas Legislature has achieved the Association's objective. In June of 2023, the budget for the 2024-2025 biennium was approved by Governor Abbott. The budget included an appropriation directing the Texas Department of Insurance (TDI) to retain, through a competitive application process, a captive Insurance specialist to support captive insurance oversight and related activities in the Texas captive insurance market. The move is expected to enhance the efficiency of the Texas captive insurance market and the ability of Texas to attract new captive investments in the state. TxCIA extends its special thanks to Senator Charles Schwertner (R-Georgetown) and Representative Ed Thompson (R-Pearland) for sponsoring the appropriation and shepherding it through the appropriations process. TxCIA Joins Groundbreaking Industry Coalition to Submit Arguments to Supreme CourtAs part of an unprecedented captive insurance industry coalition, the Texas Captive Insurance Association has joined with nearly two dozen captive insurance organizations to file an amicus brief before the U.S. Supreme Court in the case of CIC Services LLC v. IRS (‘CIC’). Read more. Regular 85th Legislative Session Recap During the 85th Legislative session, there were a number of bills that became law related to insurance and captives. Click here to read more about the laws coming into effect on September 1, 2017. TxCIA's Legislation, HB 1944, Signed into law by Gov. Greg AbbottOn June 15, 2017, House Bill 1944 became law. These changes will make it easier for companies to redomicile or start captives in the State of Texas. Our MissionThe Texas Captive Insurance Association exists to serve as an information resource about captive insurance to both members and regulators, to provide networking and marketing opportunities to individuals and organizations involved with captives, and to advocate for state and national policies that encourage the utilization of captive insurance for risk management. Read More Here. |
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TxCIA is pleased to announce that our recent lobbying effort resulted in an appropriation directing the Texas Department of Insurance to hire a dedicated captive Insurance specialist to support captive insurance oversight and related activities in the Texas captive insurance market. Be sure to attend the 2023 Annual Conference to learn more about this important development!