This is your home to find news and information related to Vermont’s captive industry. If you have resources you would like featured, please contact ian.davis@vermont.gov.
New York Captive Owners Summit
New York, New York
This is your home to find news and information related to Vermont’s captive industry. If you have resources you would like featured, please contact ian.davis@vermont.gov.
New York, New York
Austin, Texas
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In 2017, Vermont’s captive insurance companies were included in a state law allowing them to purchase Vermont Affordable Housing Tax Credits to offset their annual premium tax liability.
With an eye toward creating a domestic alternative to offshore reinsurance affiliates, the Vermont Legislature recently passed legislation establishing a new type of captive, an affiliated reinsurance company.
The Vermont Captive Insurance Association hosts our 33rd annual captive insurance conference from August 7–9, 2018, in Burlington, Vermont.
Governor Phil Scott signed new legislation into law strengthening Vermont’s financial services industry in a variety of areas. The new law offers an onshore affiliated reinsurance alternative to insurance companies affected by the recent imposition of the Base Erosion Anti-Abuse Tax (BEAT) on reinsurance ceded to offshore affiliates.
Governor Phil Scott signed into law new captive insurance legislation further strengthening Vermont’s captive law in a variety of areas. The recently passed law includes regulatory enhancements for branch captives, as well as the standardization of the state’s annual filing date for annual reports and premium taxes.
“It is critical that we are responsive to the needs of the industry. These improvements to our captive legislation illustrate Vermont’s ongoing commitment to the captive insurance industry, which has been an economic boon for the state.”
