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AM Best reveals credit ratings for Sustainable Assurance Company
04 November 2024
Reporter Clelia Frondaroli

SAC’s balance sheet strength assessment is evidenced by its risk-adjusted capitalisation, which is at the strongest level

VCIA to host captive taxation webinar
25 November 2022
Reporter Lyndsey Young

The webinar titled ‘Captive Taxation: Basics and Beyond’ will present data on all the active captives domiciled in Vermont as of December 2021

Insurance commissioner appointments at Vermont DFR
11 July 2022
Reporter Rebecca Delaney

Governor Phil Scott has made two senior appointments to the Department of Financial Regulation: Kevin Gaffney as commissioner and Emily Brown as deputy commissioner of insurance

Vermont DFR names Sandy Bigglestone as deputy commissioner
06 June 2022
Reporter Rebecca Delaney

Vermont Governor Phil Scott has named Sandy Bigglestone as deputy commissioner of the captive insurance division at the Vermont Department of Financial Regulation

New Vermont law allows captives to enter parametric contracts
01 June 2022
Reporter Rebecca Delaney

Governor Phil Scott has signed House Bill 515 into law to update Vermont’s captive insurance statutes and eliminate inconsistencies

The advantages of parametric policies
27 May 2022
Reporter Rebecca Delaney

Fast payouts as a result of a simplified claims adjustment process is one of the main advantages of parametric insurance compared to traditional indemnity insurance, according to a recent webinar exploring parametric uses and benefits

Vermont’s David Provost to retire in coming months
26 May 2022
Reporter Rebecca Delaney

David Provost, deputy commissioner of the captive insurance division at the Vermont Department of Financial Regulation, has announced his retirement at the end of summer 2022

Cowbell Cyber raises US$100m in funding
16 March 2022
Reporter Rebecca Delaney

Cyber insurance provider Cowbell Cyber has raised US$100 million in Series B funding to facilitate further investment in cyber risk underwriting for small and medium-sized enterprises

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