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Vermont nears 900 captive licensing milestone
07 January 2010
The US state of Vermont licensed 39 new captive insurance companies in 2009, nearing it closer to a 900-licence milestone, according to data released by the Vermont Department of Banking, Insurance, Securities and Health Care Administration.
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The US state of Vermont licensed 39 new captive insurance companies in 2009, nearing it closer to a 900-licence milestone, according to data released by the Vermont Department of Banking, Insurance, Securities and Health Care Administration (BISHCA).
It was Vermont’s sixth-highest tally of licences in its 29-year captive history.
"In today's market some companies are finding it more advantageous to find ways...
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