The Alabama Alternative Risk Alliance (ALARA) is pleased to share that the temporary moratorium on the acceptance and processing of applications for new captive insurance companies and domestic risk retention groups has officially concluded.

Effective July 1, 2026, the Alabama Department of Insurance has rescinded Bulletins 2025-01 and 2025-05 (see Termination of Bulletins 2025-01 and 2025-05.pdf), confirming that applications for new captive insurers and domestic risk retention groups will once again be accepted and processed in the ordinary course.

This marks an important milestone for Alabama's alternative risk marketplace.

The conclusion of the moratorium comes at a significant time for the industry. Just days ago, industry leaders, captive owners, service providers, and regulators gathered to celebrate the launch of the Alabama Alternative Risk Alliance (ALARA), reaffirming a shared commitment to education, collaboration, and the continued advancement of Alabama as a competitive captive insurance domicile.

As we begin this next chapter, ALARA looks forward to working alongside the Alabama Department of Insurance and industry stakeholders to promote responsible growth, share best practices, and strengthen Alabama's position in the captive insurance marketplace.

ALARA welcomes captive owners, risk-bearing entities, service providers, and industry professionals who share its mission of advancing education, fostering collaboration, and supporting the long-term success of Alabama's alternative risk marketplace.

Learn more about ALARA, become a member, and stay informed about educational opportunities and industry developments as Alabama enters this exciting new chapter.