Vermont native Crosby Sherman is returning to the state to take up the role of deputy commissioner of the insurance division at the Vermont Department of Financial Regulation...
Amendments to Vermont’s captive legislation recently signed into law could strengthen the state’s regulatory outlook for insurance companies...
Law firm Anderson, Kill & Olick (AKO) is throwing its weight behind declarations that the Non-admitted and Reinsurance Reform Act (NRRA) does not apply to captives...
US Congressman and co-author of the Nonadmitted and Reinsurance Reform Act (NRRA), Scott Garrett, has addressed the speaker of the US House of Representatives to state that the legislation was never intended to apply to captive insurance...
The State of Vermont soldiered on at a steady pace in 2012, licensing 32 new captives with strong showings by the construction and manufacturing sectors, which each had five new licensees...
Legislation passed by the 2011 session of the Vermont Legislature and signed into law by Governor Peter Shumlin expands Vermont's captive laws, to include allowing cells within a sponsored cell captive to be formed as incorporated protected cells....
Vermont licensed 7 new captives in the first quarter of 2011 which is the strongest start since 2005, according to the Department of Banking, Insurance, Securities and Health Care Administration (BISHCA). The 7 new captives consisted of.....
