Vermont licensed 33 new captive insurance companies in 2015, according to data released by the Vermont Department of Financial Regulation. 2015’s new licensees bring Vermont’s overall total licenses to 1,062 with 588 active captive insurers. Vermont officials said an active …
Zurich North America has selected Vermont as the domicile for a new sponsored cell captive company, according to the Vermont Department of Financial Regulation. The captive, Hoplite Reinsurance Company of Vermont, is Vermont’s 1,052nd license. “We are delighted that Zurich …
The Vermont Department of Financial Regulation announced on July 31 that the state regulators licensed 14 new captives during the first seven months of 2015, already nearing the full-year 2014 total of 16. The newly licensed captives include seven pure …
Vermont Gov. Peter Shumlin and other state officials announced Thursday that the state’s Department of Financial Regulation (DFR) has licensed Vermont’s 1,000th captive insurance company.At a Statehouse ceremony Thursday, DFR Commissioner Susan Donegan signed the license for the 1,000th captive …
