Wednesday, November 20, 2024
Mark Richardson

AIG’s Hurley joins Vermont regulator

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Nina Hurley leaves AIG after three years in its Burlington office to...
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Tuesday, November 05, 2024
Mark Richardson

Restoration RRG has long term ICR upgraded

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Vermont-domiciled RRG operates as a “quasi-captive” according to AM Best, writing policies...
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Friday, October 18, 2024
Mark Richardson

Vermont licences five new captives in Q3

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Brings the total number of captives licenced by the Vermont DFR in...
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Thursday, September 19, 2024
Mark Richardson

Artex’s new Vermont PCC formed to meet evolving client demand

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Artex’s Barry White told Captive Review clients were becoming “much more specific”...
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Thursday, August 22, 2024
Mark Richardson

AM Best affirms ratings of Kroger’s two Vermont captives

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The single-parent captives provide tailored P&C insurance for the food retail giant...
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Thursday, August 15, 2024
Mark Richardson

New Vermont captive numbers begin to outstrip cell formations

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After years of cell growth matching captive growth, this year has seen...
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Monday, July 15, 2024
Mark Richardson

Artex launches its first Vermont PCC

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Having become largest domicile in the world Vermont takes a larger role...
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Wednesday, July 10, 2024
Mark Richardson

Vermont licences 29 captives in H1

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Vermont’s Department of Financial Regulation says it is “still seeing great quality...
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Thursday, June 20, 2024
Mark Richardson

Waste Management captive outlook revised to positive

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AM Best states revision recognises NGIC’s favourable operating results over the past...
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Tuesday, May 21, 2024
Mark Richardson

Vermont signs into law new captive legislation

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A number of changes introduced affecting captive conversions, parametric contracts and agency-type...
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Monday, May 20, 2024
Mark Richardson

Q&A: Creating a captive in Vermont

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Graham Holdings’ Michael Baker, the Vermont Department of Financial Regulation’s Jim DeVoe-Talluto...
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Thursday, May 02, 2024
Mark Richardson

Pfizer captive gets ratings affirmed

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Vermont-based Blue Whale has opted to participate in small slices of its...
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Thursday, April 18, 2024
Mark Richardson

Vermont extending lead as world’s largest domicile

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Captive formation figures for 2023 and the start of this year reveal...
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Thursday, April 11, 2024
Mark Richardson

Vermont licences 15 new captives in Q1 2024

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Takes to total number of captives domiciled in Vermont up to 669...
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Monday, April 08, 2024
Mark Richardson

Q&A: Trends in Vermont’s captive market

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Jim DeVoe-Talluto, assistant director for the captive insurance division at the Vermont...
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Thursday, March 07, 2024
Mark Richardson

ConocoPhillips captives receive ratings

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Vermont-based Sooner has ratings affirmed, while Texas-based Rodeo, 100% reinsured by Sooner,...
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Thursday, March 07, 2024
Mark Richardson

JP Morgan captive gets ratings affirmed

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Vermont-based captive Park provides global property coverages, including terrorism, cyber and banker’s...
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Wednesday, January 10, 2024
Mark Richardson

Vermont reveals details of new 2023 captive formations

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Vermont’s Department of Economic Development reveals there were 659 Vermont captives at...
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Tuesday, January 02, 2024
Mark Richardson

Vermont approves 38 new captives in 2023

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Leading captive domicile also approved another nine new formations on 1 January...
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Wednesday, October 25, 2023
Mark Richardson

Hassett elected to another year as VCIA board chair

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The board also voted on three other positions at their quarterly meeting...
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Wednesday, October 18, 2023
Mark Richardson

Vermont’s rise to number one global domicile

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Sandy Bigglestone, deputy commissioner of the captive insurance division, and Christine Brown,...
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Thursday, August 17, 2023
Mark Richardson

edHEALTH converts to cell within new sponsored captive

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As a cell of newly-formed edRISK, member owners will have the option...
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Wednesday, August 16, 2023
Mark Richardson

Vermont tracking Vesttoo captive exposure and reviewing fronting regulation

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State has sent notice to captive managers and service providers requesting information...
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Tuesday, August 15, 2023
Mark Richardson

Captive service companies among those hit by MOVEit cyber attack

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Vermont DFR releases a list of 43 companies affected by the attack,...
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Tuesday, August 08, 2023
Mark Richardson

Property a key driver of Vermont captive growth in 2023

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Pure captives and monoline cells have been formed this year in response...
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Tuesday, August 08, 2023
Mark Richardson

Delight in Vermont at hitting top spot in captive rankings

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The captive domicile had the most captives at year-end 2022 with 639,...
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Wednesday, July 26, 2023
Mark Richardson

Vermont registers 22 new captives in H1

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Aon leads the way managing five of the new captives, followed by...
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Friday, May 26, 2023
Mark Richardson

Vermont updates captive legislation

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Bill H.76 has been signed into law making several updates to Vermont’s...
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Thursday, April 27, 2023
Mark Richardson

AM Best affirms Apogee captive ratings

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Vermont captive writes "very specific lines" for the US architectural design company,...
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Wednesday, April 26, 2023
Mark Richardson

Vermont hires new captive insurance examiner

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New member of Vermont’s regulatory team previously spent more than seven years...
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Monday, April 24, 2023
Mark Richardson

VCIA spent $63k monitoring captive legislation in 2022

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VCIA the only captive association doing year-round captive federal and state legislative...
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Monday, April 24, 2023
Mark Richardson

Pfizer captive has ratings affirmed

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Vermont-based Blue Whale Re has been taking slices of its CAT tower...
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Wednesday, April 19, 2023
Mark Richardson

Vermont approves 12 new captives in Q1

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Of the 12 new captives, three of them are managed by Aon...
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Thursday, April 06, 2023
Mark Richardson

Finding the next generation of captive talent

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Captive Review speaks to three promising 20-somethings at different stages of their...
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Friday, March 17, 2023
Mark Richardson

Welcome to captiveland

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Kristen Peed, CBIZ director of corporate risk management, and Sandy Bigglestone, Vermont...
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Wednesday, March 15, 2023
Mark Richardson

Vermont endorses KeyState’s bank captive programme

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One of four state banking associations to have endorsed the captive programme,...
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Thursday, March 02, 2023
Mark Richardson

JPMorgan Chase captive outperforms commercial composite by ‘wide margin’

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Vermont captive provides coverages including terrorism, cyber and bankers blanket bond  ...
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Tuesday, February 21, 2023
Mark Richardson

Vermont looks to Mexico for captive growth

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A delegation from The State of Vermont and VCIA will lead a...
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Tuesday, February 14, 2023
Mark Richardson

Interview: Christine Brown, Vermont director of captive insurance

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Vermont’s stability through change: Christine Brown has been with Vermont’s captive division...
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Wednesday, February 01, 2023
Mark Richardson

Captive Review February 2023 digital edition now online!

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The February 2023 edition of Captive Review is now available for you...
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Monday, January 23, 2023
Mark Richardson

Has the number 1 captive domicile crown been stolen?

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Bermuda’s title of world’s largest domicile by captive numbers (excluding cells) may...
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Wednesday, January 18, 2023
Mark Richardson

Vermont licensed 41 new captives in 2022

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Leading US domicile reveals where growth came from after hitting 639 captives...
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Friday, December 16, 2022
Mark Richardson

Phillips 66 captives post ‘generally favourable’ loss experience

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AM Best praises Phillips 66 for its strong loss control programme.  ...
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Thursday, October 27, 2022
Mark Richardson

Tracy Hassett succeeds Baillie as VCIA chair

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Vice president also announced as WTW’s Jason Palmer.   Tracy Hassett has...
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Tuesday, September 27, 2022
Mark Richardson

Vermont appoints new assistant director of captive insurance

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Appoints Jim DeVoe-Talluto from within to fill Christine Brown’s former role.  ...
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Monday, September 05, 2022
Mark Richardson

Cowbell bolsters leadership with two hires

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AI cyber underwriting start-up and captive owner Cowbell brings Matthew Jones and...
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Friday, May 27, 2022
Lauren Ingram

Vermont’s David Provost to retire

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One of the most respected figures in the captive insurance industry, David...
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Friday, January 21, 2022
Lauren Ingram

Vermont has one of highest-ever years of captive growth

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Vermont licenced 45 new captive insurance companies in 2021, making it the...
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Thursday, September 30, 2021
Ross Law

EXCLUSIVE: VCIA president Rich Smith announces resignation

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Vermont Captive Insurance Association (VCIA) president Rich Smith has announced his resignation....
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Thursday, August 19, 2021
Ross Law

VCIA announce board additions

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The Vermont Captive Insurance Association has announced the addition of two new...
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Tuesday, July 20, 2021
Ross Law

The redomestication factor

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We explore the factors behind the uptick in re-domestications of US-parents’ captives...
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Thursday, July 08, 2021
Lauren Ingram

Captive Review announces in-person events for 2021

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Captive Review is excited to announce its in-person events schedule for the...
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Friday, May 28, 2021
Ross Law

Vermont updates finesse captive legislation

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This week Vermont governor Phil Scott signed new captive legislation into law....
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Thursday, May 20, 2021
Lauren Ingram

Meet the Power 50 Top 10

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The Captive Review Power 50 has been announced, with the best of the...
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Wednesday, March 24, 2021
Lauren Ingram

World Domicile Update reveals surge in captive insurance cell formations

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An annual report by Captive Review has revealed that global captive numbers...
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Thursday, January 21, 2021
Lauren Ingram

Vermont licences 38 new captives in 2020

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Vermont has had another big year, licencing 38 new captives in 2020....
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Tuesday, November 03, 2020
Lauren Ingram

Vermont Insurance Commissioner alleges fraud by RRG

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The Vermont Department of Financial Regulation (VDFR) has filed a federal lawsuit...
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Monday, October 26, 2020
Lauren Ingram

VCIA 2021 conference to be 100% virtual

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The Vermont Captive Insurance Association (VCIA) has announced their 2021 conference will...
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Thursday, October 01, 2020
Lauren Ingram

Vermont names Ian Davis replacement

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The Vermont Department of Economic Development (DED) has named Brittany Nevins as...
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Thursday, August 13, 2020
Lauren Ingram

“Long way to go” for diversity in captives

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Diversity was a theme at the Vermont Captive Insurance Association (VCIA) virtual...
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Thursday, August 13, 2020
Lauren Ingram

Rate hikes to continue into 2021

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Rate hikes will continue not just this year but into 2021, according...
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Tuesday, August 11, 2020
Lauren Ingram

VCIA Day One: Parametrics, Covid-19 and risk retention

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The first day of the Vermont Captive Insurance Association (VCIA) Virtual conference...
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Tuesday, August 11, 2020
Lauren Ingram

VCIA: Commissioner to ask “hard questions” about industry diversity

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Commissioner of the Vermont Michael Pieciak has said that the insurance industry...
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Tuesday, August 11, 2020
Lauren Ingram

Richard Smith talks VCIA Virtual

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Richard Smith, president of the Vermont Captive Insurance Association, spoke to Captive Review...
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Monday, August 10, 2020
Lauren Ingram

Macy’s captive exempt from $24 million tax bill

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A United States court had ruled that Leadville Insurance Company, the captive...
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Tuesday, April 14, 2020
Lauren Ingram

Ian Davis moving to private sector

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Ian Davis, the chief marketing and business development professional for the regulator...
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Tuesday, March 03, 2020
Lauren Ingram

US news attacks captives and links to Bernie Sanders

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Last Wednesday US news website The Daily Beast described captive insurance companies...
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Tuesday, February 11, 2020
Lauren Ingram

Captive for roadside assistance providers launched

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A captive solution specifically designed for emergency roadside assistance providers affiliated with AAA...
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Tuesday, January 28, 2020
Lauren Ingram

R&Q acquires Vigneron

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Randall & Quilter (R&Q) have acquired captive Vigneron Insurance (VICI) from a...
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Monday, January 13, 2020
Lauren Ingram

Vermont licences 22 new captives in 2019

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Vermont licenced 22 new captives in 2019, bringing the total number of...
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Tuesday, January 07, 2020
Lauren Ingram

SRS to manage new Vermont group captive

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Strategic Risk Solutions (SRS) has been named as the manager of Vermont-based...
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Wednesday, November 20, 2019
Fraser Irving

Three pure, one RRG licensed in VT

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Vermont has licensed four new captives so far this quarter, taking its...
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Monday, November 18, 2019
Fraser Irving

Sooner Insurance ratings affirmed

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Sooner Insurance Company has been handed a financial strength rating of A...
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Monday, November 04, 2019
Fraser Irving

Radius, Spirit ratings affirmed

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The onshore and offshore captives of multinational energy company Phillips 66 have...
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Friday, November 01, 2019
Fraser Irving

Barclays: Captive a ‘comfort’ in today’s market

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A captive structure is necessary for Barclay’s risk management operation due to...
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Wednesday, October 16, 2019
Fraser Irving

VMC Indemnity Company relocates

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The University of Vermont Health Network (UVM Health Network) has completed the...
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Tuesday, October 15, 2019
Fraser Irving

Ameriprise captive ratings affirmed

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AM Best has affirmed the ratings of Ameriprise Captive Insurance Company (ACIC)....
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Friday, October 04, 2019
Fraser Irving

Arsenal expands into Vermont

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Arsenal Insurance Management has set up an office in Vermont as it...
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Monday, September 30, 2019
Fraser Irving

Exclusive: Long-term care RRG to form in VT

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A new risk retention group (RRG) is being formed to insure small...
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Friday, September 27, 2019
Fraser Irving

Johnson & Johnson wins NJ court appeal

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American multinational Johnson & Johnson (J&J) has won an appeal against the...
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Thursday, July 18, 2019
Fraser Irving

SOBC DARAG: Captives a ‘growing’ legacy market

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Risk Retention Groups (RRGs) and captives are an area of opportunity for...
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Tuesday, July 09, 2019
Fraser Irving

Exclusive: DLGA launches captive blockchain working group

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A captive insurance working group has been set up in Vermont in...
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Thursday, July 04, 2019
Fraser Irving

Vermont licences six captives in Q1, Q2

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The state of Vermont has licensed six new captives so far this...
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Monday, June 03, 2019
Fraser Irving

US Captive Review Awards: Deadline extended

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The entry deadline for the US Captive Review Awards has been extended....
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Thursday, April 18, 2019
Fraser Irving

Vermont legislation will help state ‘keep pace’ with industry

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Updates to Vermont’s captive law will allow the state to “keep pace”...
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Monday, April 01, 2019
Fraser Irving

Macy’s captive could face $23.8m penalty over Maryland tax case

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The captive insurance company of US department store Macy’s could be facing...
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Tuesday, February 05, 2019
Fraser Irving

Vermont defers run-off legislative plans

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The state of Vermont has decided to defer introducing run-off legislation for...
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Friday, January 18, 2019
Fraser Irving

RRG premium passes $3bn – Pinnacle benchmarking study

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The amount of premium insured by risk retention groups (RRG) has grown...
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Monday, January 14, 2019
Fraser Irving

R&Q completes two workers’ comp deals

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Legacy specialists Randall & Quilter Investment Holdings (R&Q) has assumed the workers'...
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Wednesday, January 09, 2019
Fraser Irving

Vermont licences 25 new captives in 2018

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The state of Vermont licensed 25 new captives in 2018, according to...
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Monday, November 26, 2018
Fraser Irving

Pizza Hut among new captives in Vermont

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Global restaurant franchise Pizza Hut is among seven new captives to form...
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Tuesday, November 20, 2018
Richard Cutcher

Industry welcomes run-off proposals from Vermont

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The prospect of captive specific legislation for run-off and legacy management has...
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Friday, November 16, 2018
Richard Cutcher

Vermont considering run-off legislation for captives

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Captive specific run-off legislation is being discussed by the Vermont Captive Insurance...
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Monday, November 12, 2018
Fraser Irving

JP Morgan captive rated ‘Excellent’

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JP Morgan’s Vermont-domiciled captive has had its financial strength rating of ‘A’...
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Friday, November 02, 2018
Richard Cutcher

Phillips 66 captives rated ‘Excellent’

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The onshore and offshore captives owned by multinational energy company Phillips 66...
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Thursday, August 30, 2018
Captive Review

Vermont sponsored captive launched targeting energy sector

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Energi Insurance Services and Houston International Insurance Group (HIIG) have formed a...
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Sunday, July 29, 2018
Captive Review

Vermont Captive Market Report 2018

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Commercial insurance rates may be at all-time lows on many lines of...
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Thursday, July 26, 2018
Captive Review

Vermont PCC to service eldercare sector

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A protected cell company (PCC) will finance a new insurance programme designed...
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Wednesday, June 27, 2018
Richard Cutcher

Johnson & Johnson ruling highlights NRRA confusion

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The Tax Court of New Jersey’s opinion concerning Johnson & Johnson’s claim...
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Thursday, May 17, 2018
Richard Cutcher

Vermont makes play for onshore reinsurance business

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Vermont has passed legislation seeking to attract offshore reinsurers to set up...
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Monday, April 30, 2018
Richard Cutcher

Marsh and Willis lead new formation activity in Vermont

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The Vermont Department of Financial Regulation has licensed 11 new captives in...
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Wednesday, April 04, 2018
Richard Cutcher

SOBC Sandell approved to manage captives in Vermont

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The Vermont Department of Financial Regulation has approved SOBC Services Company Limited...
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Monday, March 12, 2018
Richard Cutcher

Vermont captive updates signed into law

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Governor Phil Scott has singed the latest update to Vermont’s captive insurance...
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Friday, February 16, 2018
Richard Cutcher

Jury still out on ILS in Vermont – Rich Smith

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Rich Smith, president of the Vermont Captive Insurance Association (VCIA), said the...
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Thursday, January 18, 2018
Richard Cutcher

Advantage opens Vermont office

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Advantage Insurance has opened its first office in Burlington, Vermont as it...
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Tuesday, January 09, 2018
Richard Cutcher

24 new captives in Vermont, 39 out

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The State of Vermont licensed 24 new captives in 2017, while 39...
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Sunday, December 31, 2017
Richard Cutcher

Vermont health network to move captive home

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The University of Vermont Health Network will re-domesticate its Bermuda captive to...
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Tuesday, November 07, 2017
Richard Cutcher

Pitney Bowes and two RRGs among new Vermont formations

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Global technology firm Pitney Bowes, Inc is one of eight new formations...
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Monday, October 09, 2017
Richard Cutcher

Chris Kramer joins Green Mountain

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Green Mountain Sponsored Captive Insurance Company, a cell company domiciled in Vermont,...
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Friday, October 06, 2017
Richard Cutcher

VCIA considers offering onshore ILS option in Vermont

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The Vermont Captive Insurance Association (VCIA) is exploring the possibility of facilitating...
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Thursday, September 14, 2017
Richard Cutcher

Insurance agency forms Vermont’s 1,100th captive

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The State of Vermont has passed another milestone, issuing its 1,100th captive...
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Monday, August 28, 2017
Richard Cutcher

Barclays captive among new licences in Vermont

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Five new captives have been formed in Vermont during July and August,...
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Wednesday, August 09, 2017
Richard Cutcher

Vermont closes in on formation milestone

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The State of Vermont has licensed nine captives to date in 2017...
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Wednesday, August 09, 2017
Richard Cutcher

Masonicare completes captive re-domestication to Connecticut

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Keystone Indemnity Company, Ltd has completed its re-domestication from Vermont to Connecticut....
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Tuesday, July 25, 2017
Richard Cutcher

Healthcare captives take number one spot in Vermont

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The healthcare industry has overtaken manufacturing as the largest individual sector owning...
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Wednesday, July 12, 2017
Richard Cutcher

Branch captives formed in Vermont and Hawaii

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Two branch captives are among the new captive formations in the United...
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Tuesday, May 23, 2017
Richard Cutcher

Vermont’s tax credit changes passed by legislature

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Changes to the tax credit system for captive insurers domiciled in Vermont...
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Monday, May 15, 2017
Captive Review

The Debate: Domicile Evolution

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Rich Smith of the Vermont Captive Insurance Association (VCIA) and Josh Magden...
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Tuesday, May 02, 2017
Richard Cutcher

Vermont legislation signed into law, tax credit changes carved out

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Governor Phil Scott has signed House Bill 85 into law, updating Vermont’s...
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Thursday, April 27, 2017
Richard Cutcher

Final Word: Ian Davis

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Ian Davis has taken the reins from Dan Towle as Vermont’s director...
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Wednesday, April 19, 2017
Richard Cutcher

Davis outlines priorities for Vermont

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Vermont’s new director of financial services has said medical malpractice, sponsored and...
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Thursday, April 13, 2017
Richard Cutcher

Dan Towle’s Vermont successor announced

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The State of Vermont has confirmed Ian Davis will replace Dan Towle...
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Wednesday, March 22, 2017
Richard Cutcher

R&Q acquires Cummins legacy captive

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R&Q has announced its second captive acquisition in a week after completing...
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Thursday, March 09, 2017
Richard Cutcher

Dan Towle: CICA job was not one I could pass up

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Dan Towle, director of financial services for the State of Vermont, has...
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Tuesday, February 07, 2017
Richard Cutcher

Captives of all sizes will benefit from Vermont tax credit change – David Provost

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The proposed tax credit change in Vermont’s latest captive bill will, if...
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Tuesday, January 31, 2017
Richard Cutcher

Agency captives a positive step for Vermont – Gary Osborne

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Introducing agency captives to Vermont will boost both the profile of the...
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Friday, January 20, 2017
Richard Cutcher

Vermont makes play for smaller captives with new legislation

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The Vermont Captive Insurance Association (VCIA) has put forward a captive bill...
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Thursday, January 19, 2017
Richard Cutcher

26 new captives in Vermont, 29 out

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There were 584 active captives in Vermont at 2016 year-end, with the...
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Tuesday, January 03, 2017
Richard Cutcher

Vermont license nine captives in December

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The end-of-year rush resulted in nine new captive insurance companies being licensed...
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Wednesday, December 14, 2016
Richard Cutcher

Year in Review: Rich Smith

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As 2016 draws to a close, Captive Review has asked a number...
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Friday, November 04, 2016
Richard Cutcher

Domino’s Pizza RRG among new formations

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A group of Domino’s Pizza franchisees have formed a risk retention group...
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Monday, October 03, 2016
Richard Cutcher

Asian market and Vermont cells contributing to HDI captive growth

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HDI Global, the industrial lines division within the German insurance group Talanx,...
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Wednesday, August 10, 2016
Richard Cutcher

Vermont license 11 captives in 2016, SPIs expected to dry up

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The State of Vermont has licensed 11 new captives so far in...
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Monday, August 08, 2016
Captive Review

Vermont Report 2016

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Rich Smith, president of the Vermont Captive Insurance Association, introduces the Vermont...
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Monday, August 08, 2016
Richard Cutcher

Andrew Sargeant to retire in December

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Andrew Sargeant, USA Risk Group’s chief operating officer and a captive servant...
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Wednesday, July 13, 2016
Richard Cutcher

Vermont captives write $27.5bn premium in 2015

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Captive insurance companies domiciled in Vermont wrote more than $27bn in premium...
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Wednesday, July 06, 2016
Richard Cutcher

Vermont appoints new insurance commissioner

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Vermont’s Governor Peter Shumlin has appointed Michael Pieciak as the State’s new...
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Wednesday, April 27, 2016
Richard Cutcher

Pennsylvania real estate firm withdraws from captive ratings

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The Vermont-domiciled captive owned by Toll Brothers has had its financial strength...
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Tuesday, April 26, 2016
Richard Cutcher

Vermont not ashamed to replicate rival domiciles – Rich Smith

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Rich Smith, president of the Vermont Captive Insurance Association (VCIA), has said...
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Thursday, April 21, 2016
Richard Cutcher

States progress with updated captive statutes

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Captive insurance bills in Vermont, Tennessee and Alabama have either been signed...
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Thursday, March 03, 2016
Richard Cutcher

Captives drawn into Vermont’s Exxon Mobil divestment debate

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A Vermont legislator has voiced concerns that the Governor’s campaign to divest...
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Friday, January 15, 2016
Richard Cutcher

New Vermont legislation to be proposed today

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Rich Smith, chairman of the Vermont Captive Insurance Association (VCIA), will vouch...
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Monday, January 11, 2016
Richard Cutcher

11 re-domestications contributes to 33 new captives in Vermont

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Vermont has reported a record year for re-domestications, licensing 11 captives that...
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Friday, December 18, 2015
Richard Cutcher

Solvency II Predictions: Dave Provost, Vermont

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The implementation of Solvency II across the European Union (EU) may create...
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Tuesday, December 01, 2015
Richard Cutcher

Exclusive: Zurich establishes cell company in Vermont

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The Zurich Insurance Group has formed a sponsored cell captive in Vermont,...
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Monday, October 05, 2015
Richard Cutcher

Interest in captive run-off transactions rising dramatically – Provost

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David Provost, deputy commissioner for captive insurance in Vermont, has told Captive...
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Wednesday, September 30, 2015
Richard Cutcher

Willis launch Vermont PCC

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Willis Global Captive Practice has established a protected cell company (PCC) in...
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Tuesday, August 25, 2015
Richard Cutcher

Vermont seeing more captives write cyber risk

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Nineteen Vermont-domiciled captives are now writing cyber risk as a standalone insurance...
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Thursday, August 20, 2015
Richard Cutcher

Exam costs among drivers of redomestication – Vermont

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Vermont’s Captive Insurance Division believes the high cost of exams in other...
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Wednesday, August 12, 2015
Richard Cutcher

China trip to Vermont scuppered by corruption scandal

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A clampdown on corruption among China’s insurance regulators and officials has prevented...
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Friday, August 07, 2015
Captive Review

Vermont Report 2015

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The Vermont Report 2015 examines what makes the United States' largest onshore...
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Monday, August 03, 2015
Richard Cutcher

Redomestications boost Vermont’s performance in 2015

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Vermont, the United States’ largest onshore domicile, has benefitted from five captive...
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Tuesday, June 23, 2015
Richard Cutcher

Captive Clarification Act reintroduced in the US

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Senators from Vermont and South Carolina have reintroduced the Captive Clarification Act...
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Tuesday, June 23, 2015
Richard Cutcher

US healthcare firm launches cat bond through Vermont captive

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A $200m catastrophe bond covering earthquake risk is being brought to market...
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Monday, June 15, 2015
Captive Review

Healthcare Report 2015

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Creating or joining a captive vehicle to cover your healthcare risks is...
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Wednesday, May 06, 2015
Richard Cutcher

Vermont cell and capital legislation due to be signed

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Vermont’s Governor Peter Shumlin is set to sign new captive legislation into...
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Wednesday, March 25, 2015
Richard Cutcher

Vermont’s capital and cell proposals pass Commerce Committee

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Senate Bill 98, which proposes changes to Vermont’s cell regulation and capital...
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Thursday, January 29, 2015
Richard Cutcher

Vermont proposes to loosen restrictions on captive cash

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Captive insurance companies domiciled in Vermont may soon be able to make...
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Friday, January 23, 2015
Richard Cutcher

Vermont adds 16 new captives, but loses 17 in 2014

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Vermont, the United States’ leading captive jurisdiction, made a net loss of...
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Thursday, December 11, 2014
Richard Cutcher

M&A activity and multiple captive utilisation to drive US growth in 2015

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North American captive business will be driven by increasing company use of...
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Tuesday, November 25, 2014
Richard Cutcher

Make sure 831(b) captives are true insurance vehicles – Smith

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Rich Smith, president of the Vermont Captive Insurance Association (VCIA), has called...
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Wednesday, November 19, 2014
Richard Cutcher

Honeywell captive rated ‘Excellent’

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The Vermont-domiciled captive of Honeywell International has had its financial strength rating...
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Monday, November 17, 2014
Richard Cutcher

Apogee Enterprises’ captive rated ‘Excellent’

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Prism Assurance, the single parent captive of Apogee Enterprises, has had its...
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Friday, August 15, 2014
Richard Cutcher

Regulation dominates VCIA discussions – Smith

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Regulation of the captive insurance industry, at state, federal and global levels,...
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Wednesday, August 13, 2014
Richard Cutcher

New US domiciles won’t remain in the game – Provost

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The Vermont Captive Insurance Association (VCIA) and the state’s regulator David Provost...
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Tuesday, August 12, 2014
Richard Cutcher

VT and SC legislators target NRRA clarity for captives

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Cross-party politicians have introduced two pieces of legislation to the United States’...
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Monday, June 30, 2014
Richard Cutcher

Captive expert to lead Vermont law firm

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Stephanie Mapes has been elected president of Vermont-based law firm Paul Frank...
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Friday, February 28, 2014
Richard Cutcher

AT&T's Vermont captive rating affirmed

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AM Best has affirmed the financial strength rating of A- (Excellent) and issuer...
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Wednesday, January 29, 2014
Richard Cutcher

Vermont House considers dormant captive licences

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Draft legislation that would introduce dormant captive insurance company licences in Vermont...
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Friday, January 17, 2014
Richard Cutcher

Vermont continues with steady growth

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Vermont licenced 29 new captives in 2013, bringing the Green Mountain State's...
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Thursday, January 02, 2014
Richard Cutcher

Vermont power captive gets positive rating

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Ratings agency A.M. Best has assigned a financial strength rating of B+...
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Tuesday, November 19, 2013
Richard Cutcher

Vermont proposes a dormant status for captives

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Vermont is proposing to introduce legislation which offers a ‘dormant’ status for...
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Monday, November 18, 2013
Richard Cutcher

Provost tops Power 50

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Vermont’s deputy commissioner of captive insurance, David Provost topped this year’s Captive...
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Friday, October 11, 2013
Richard Cutcher

Vermont licenses 1000th captive

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The Vermont Department of Financial Regulation (DFR) has licensed the state's 1,000th...
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Wednesday, June 26, 2013
Richard Cutcher

Stable rating for Mexican telecommunication captive

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Moody's Ratings has affirmed Mexican telecommunication company, América Móvil's, captive reinsurance company,...
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Monday, June 24, 2013
Richard Cutcher

Vermont appoints new deputy commissioner

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Vermont’s Department of Financial Regulation has appointed a new deputy commissioner in...
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Friday, June 21, 2013
Richard Cutcher

Vermont captive insurance leglislative amendments signed into law

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Governor Peter Shumlin has signed into law new captive legislation passed in...
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Friday, May 31, 2013
Richard Cutcher

Performa continue global expansion with new hire

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Global investment manager P.R.P. Performa, has named Sandi Prescott as its global...
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Thursday, May 30, 2013
Richard Cutcher

Dodd Frank and the NRRA: A continuing conundrum

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It says something about the fiscal position of many US states that...
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Monday, March 19, 2012
Richard Cutcher

Vermont RRGs face compliance deadline

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Vermont-based risk retention groups (RRG) must comply with the registration requirements of...
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Wednesday, January 18, 2012
Richard Cutcher

Substantial captive growth reported globally

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Bermuda, Guernsey and Vermont saw substantial growth in captives across 2011.  ...
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Monday, October 31, 2011
Richard Cutcher

Glass solutions captive rating affirmed

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Apogee Enterprises’ captive has had its financial strength rating of A- (excellent)...
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Wednesday, October 12, 2011
Richard Cutcher

JPMorgan Chase novates liabilities

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JP Morgan Chase & Co has novated liabilities from its Bermudan captive...
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Monday, October 03, 2011
Richard Cutcher

Honeywell looks to write new risks

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Honeywell is looking to write trade credit and supply chain risks into...
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Monday, October 03, 2011
Richard Cutcher

Exam costs a ‘hidden fee’

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Captive exam fees can be costly in many growing US domiciles where...
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Tuesday, August 23, 2011
Richard Cutcher

Nevada appealing RRG court ruling

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Nevada is making an appeal after a risk retention group (RRG) won...
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Wednesday, August 11, 2010
Richard Cutcher

Vermont issues 900th licence

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The State of Vermont has issued its 900th captive insurance company licence...
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Thursday, July 22, 2010
Richard Cutcher

Vermont captive growth rate increases

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Vermont has licensed 17 new captive insurance companies in the first half...
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Friday, July 02, 2010
Richard Cutcher

Risk Service/AmTrust merger announced

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Captive management/consulting firm and reinsurance intermediary Risk Services is to merge with...
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Thursday, June 10, 2010
Richard Cutcher

Vermont captive director to step down

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Peter Raymond, director of Captive Insurance for the Vermont Department of Banking,...
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Monday, May 24, 2010
Richard Cutcher

New Vermont Commissioner announced

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Michael Bertrand, deputy commissioner of the Vermont Department of Banking, Insurance, Securities...
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Monday, March 08, 2010
Richard Cutcher

List in Our Services Directory

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To submit your entry click on the link below, benefits include: 12...
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Wednesday, January 20, 2010
Richard Cutcher

Artex Acquires Champlain

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Artex Risk Solutions has acquired Vermont-based Champlain Captive Management. The newly combined...
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Features
Q&A: Big Ticket’s Ken Fraser and Rob Bartlett
Fresh from winning Insurtech Solution of the Year at the Captive Review US Awards earlier...
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Growth opportunities for PCCs and PCC cells in the UK and Europe
Michael Whitfield of Atlas Insurance PCC explains how, after the disruption caused by Brexit, the...
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North Carolina: A leader in cell captives
Lori Gorman of the North Carolina Department of Insurance answers Captive Review’s questions about the...
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831(b) Institute: IRS campaign against micro-captives threatens large captives
The IRS is biding its time by taking on micro-captives and will eventually refocus on...
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