Veto Overridden on Illinois Legislation Containing Captive Provisions

Veto Overridden on Illinois Legislation Containing Captive Provisions

Overview


Mary Kay Martire commented on Illinois lawmakers overruling a veto of Illinois legislation affecting captive insurance companies. “We are very pleased with the veto override,” she said. “This is an important and potentially exciting development for the captive community. It will help make Illinois an attractive captive domicile option, particularly for large Illinois-based companies.”