The Vermont House Committee on Commerce and Economic Development is considering draft legislation regarding dormant captives...
A US tax court’s ruling that a captive’s deductible premiums are legitimate because real risk transfer occurred has some captive insurance company principals breathing a sigh of relief...
JLT Towner has confirmed the acquisition of Charter Risk Management Services, a captive management company based in Connecticut. Thomas Hodson, president and CEO of Charter, will head the new office...
Governor Peter Shumlin announced that the Department of Financial Regulation (DFR) has licensed Vermont’s 1,000th captive insurance company...
A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a+” of Blue Whale Re in Vermont...
The International Center for Captive Insurance Education (ICCIE) has announced that 2012 was its best year yet, since its launch in 2004...
A.M. Best has affirmed the financial strength rating of "A- (Excellent)" and issuer credit rating of “a-” of Gateway Rivers Insurance Company in Vermont, a captive for telecoms company AT&T...
The departing chairman of the subcommittee of insurance in the House of Representatives, Judy Biggert has reaffirmed that the Nonadmitted and Reinsurance Reform Act (NRRA) was never intended to apply to captive insurance...
