Captive Insurance Bill Passes

An insurance reform bill backed by a Mobile senator is on its way to the governor’s desk.

The measure, SB-03, which will allow captive insurance companies to sell homeowners’ insurance, won unanimous approval form the state House of Representatives Thursday afternoon, despite a months-long partisan battle that threatened to kill the bill.

Senator Ben Brooks (R-Mobile) says he wrote the legislation to help Gulf Coast homeowners struggling with what many are calling an insurance crisis.

Captive Insurance Bill Passes

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