A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit rating of “a+” of Blue Whale Re, based in Burlington, Vermont
VCIA president Rich Smith said: “The letter’s intimidating and draconian questioning regarding the legitimacy of the small company insurance industry is insensitive at best”
Ian Davis has been appointed senior vice president, captive insurance relationship manager at the People's United Bank
Ian Davis, director of financial services representing Vermont’s captive industry, is stepping down from his role, for a new position in the private sector, effective 1 May
Vermont captive reinsurance company FRMT has appointed Kimberly Trimble as its first CEO
Vermont’s Department of Financial Regulation has issued guidelines for the financial sector within the state regarding the COVID-19 pandemic, including restricting captive board meetings
A.M. Best has affirmed the financial strength rating of A and the long-term issuer credit ratings of “a+” of Queen City Assurance and Vine Court Assurance Incorporated, both are domiciled in Burlington, Vermont
Vermont has postponed its captive insurance industry trade mission to Mexico that was due to take place on 24 March as a result of the COVID-19
