Captive management firm USA Risk Group has appointed David Spratt as its new senior vice president
SOBC Sandell has formed a Vermont captive manager, SOBC Services Company Limited, having received regulatory approval from the Vermont Department of Financial Regulation
Updates to Vermont’s branch captive legislation that would require branch captives to designate the state commissioner of the Department of Financial Regulation as its agent for service of process have been signed into law
US and offshore domiciles have continued to see a steady flow of new captive insurance company formations in 2017, despite the soft commercial market
USA Risk Group has appointed Stephen Roseman as president and CEO, replacing Gary Osborne, who stepped down from the role last month
Advantage Insurance has opened a new office in Vermont to support its growing captive insurance services business
JLT IM has appointed Jocelyn Lyman as a new senior account manager
The Vermont Captive Insurance Division licensed 24 new captive insurance companies in 2017, in comparison to the 26 that it licensed in 2016
