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New York Captive Owners Summit

New York, New York

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SIIA National Educational Conference & Expo

Austin, Texas

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NRRA National Conference

Chicago, Illinois

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Vermont Captive news

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.

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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.”

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