Latest Vermont Headlines

All the headlines from our Vermont Topic Page, ordered by recency.

Vermont Approves Two Captive Initiatives

Jun 11 2001 // In celebration of its 20th anniversary as a captive domicile, Vermont marked the occasion with passage of two important enhancements to its captive statutes. Both chambers unanimously approved the two initiatives–one...

Vermont Considers Self-Audit Bill

Feb 13 2001 // A bill designed to protect information gleaned from the internal audit process of insurance companies was recently introduced in the Vermont legislature.H.B. 191, introduced by Reps. Hube and Crawford, defines self-audit...

Nonprofits Form RRG in Vermont

Feb 6 2001 // Charitable nonprofit organizations will soon have access to a new risk retention group called Alliance of Nonprofits for Insurance Risk Retention Group. The alliance was recently licensed in Vermont and offers charitable...

Vermont Mutual Assigned ‘BBBpi’

Oct 16 2000 // A “BBBpi” FSR was assigned to Vermont Mutual Insurance Co. by S&P. The rating also applies to the company’s related reinsured pool members, Northern Security Insurance Co. and Granite Mutual...

Vermont Ranked Third in World for Domiciled Captives

May 30 2000 // A.M. Best’s Captive Directory 2000 Edition now ranks Vermont third in the world, surpassing Guernsey for captives domiciled behind Bermuda and the Cayman Islands. Vermont is home to more than twice as many captive...