R590-102-8. Captive Insurer Fees

  (1) Initial license application - due with license application: $200.

  (2) Initial license application review - due by the due date on the invoice: actual costs incurred by the department to review the application.

  (3) Annual license fees:

  (a) initial - due by the due date on the invoice: $5,000;

  (b) renewal - due by the due date on the invoice: $5,000;

  (c) late renewal - due for any renewal paid after the date on the invoice: $5,050;

  (d) reinstatement - due with application for reinstatement: $5,050.

  (4) Other fees:

  (a) e-commerce fee: see R590-102-22; and

  (b) examination costs reimbursements from examined captive insurers - due by due date on the invoice: actual costs plus overhead expense.