The banking, insurance and captive insurance divisions for the Department of Financial Regulation of Vermont have each received a further five year accreditation from their respective national regulatory associations
The report found that climate trends are making Vermont’s climate warmer and wetter which is also leading to an increase in severe weather more likely to cause greater property damage
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 Vermont
Vermont governor Phil Scott has signed new captive bill legislation into law, which aims to strengthen the state’s captive regulation in a variety of areas
A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit rating of “a-” of the National Guaranty Insurance Company of Vermont
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 domiciled in Vermont
Kathleen Davis was elected chair of the board of directors of the Union Mutual Fire Insurance Company and the New England Guaranty Insurance Company
A.M. Best has affirmed the financial strength rating of A- and the long-term issuer credit ratings of “a-” of Agrinational Insurance Company and its wholly-owned subsidiary, ADM Insurance Company
