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A.M. Best upgrades ratings of AES Global Insurance
12 November 2020
Reporter Maria Ward-Brennan

A.M. Best has upgraded the financial strength rating to A- from B++ and the long-term issuer credit rating to “a-” from “bbb+” of AES Global Insurance Company, based in Burlington, Vermont

Vermont DFR files lawsuit against captive executive and advisors for fraud
03 November 2020
Reporter Maria Ward-Brennan

Commissioner Michael Pieciak of the Vermont Department of Financial Regulation has filed a federal lawsuit in the US District Court for the District of Vermont against Jasbir Thandi, the former president of Global Hawk Risk Retention Group

VCIA reveals 2021 conference will be in virtual format
27 October 2020
Reporter Maria Ward-Brennan

The Vermont Captive Insurance Association (VCIA) will hold its 2021 annual conference virtually “to make it accessible to all who wish to participate”, according to Rich Smith, president of the association

VCIA appoints Stephanie Mapes as new board chair
22 October 2020
Reporter Maria Ward-Brennan

The Vermont Captive Insurance Association has appointed Stephanie Mapes, director of Paul Frank + Collins, a Vermont based law firm, as the new board chair

A.M. Best upgrades Vermont-based RRG rating
06 October 2020
Reporter Maria Ward-Brennan

A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of Community Hospital Alternative For Risk Transfer, a reciprocal risk retention group

ICCIE makes ACI maintenance programme more affordable
30 September 2020
Reporter Maria Ward-Brennan

The ICCIE has made changes to its ICCIE continuing education subscription programme and the ACI Alumni Network, making the maintenance of the Associate in Captive Insurance designation more convenient and more affordable

Vermont names new captive insurance director
29 September 2020
Reporter Maria Ward-Brennan

Brittany Nevins has been appointed as the new director captive insurance at the Vermont Department of Economic Development

VCIA: 2020 conditions have created innovative interest in captives
14 August 2020
Reporter Rebecca Delaney

The “perfect storm” of insurance market conditions during the spring and summer of 2020 has generated growing interest in alternative insurance, according to panellists at the VCIA virtual conference

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