News & events

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 brittany.nevins@vermont.gov.

Featured podcasts

Tune into our featured podcasts to hear Vermont Captive’s leading experts offer insights into a wide range of topics, from how Vermont Captive got its start in 1981 to what regulations to be aware of when extracting capital from a captive.

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Bigglestone appointed Acting Commissioner of Department of Financial Regulation, continues to oversee captive insurance

Montpelier, Vt. – On December 20, 2024, Governor Phil Scott announced current Deputy Commissioner of the Captive Insurance Division, Sandy Bigglestone, will become Acting Commissioner of the Department of Financial Regulation (DFR) at the start of 2025, following Commissioner Kevin Gaffney’s retirement. After this change takes effect, the Captive Insurance Division will continue to operate under…

The very real benefits of an in-person Vermont Captive board meeting

Do you remember “required reading” in school? Whether it be the classics or a favorite pick of your English teacher, these books were selected for a reason: They added value to the curriculum, expanded young minds and (hopefully) brought about interesting conversations. Vermont has a requirement that aims to do something similar: Bring captive representatives to…

Vermont’s future is golden

Hard markets in commercial insurance lines have been a problem for years now. Many lines don’t show signs of softening, though some, like cyber, have ebbed over the past few years. High claims volumes and costs have caused carriers to tighten terms and conditions, introduce new exclusions and increase premiums. A variety of different risks…

Vermont continues to set the captive standard

Vermont Department of Financial Regulation—Domicile: Winner “Property and casualty lines continue to be leaders in new captive insurance programmes.” —Sandy Bigglestone What has 2024 been like for Vermont? 2024 has been as vibrant and active as ever. Alongside our daily regulatory responsibilities, Vermont was represented at many industry events, sharing knowledge on various topics by…

Tabor Crary: A journey into Vermont’s captive insurance industry

Tabor Crary is an incoming fourth year student at Seattle University in Seattle, Washington studying International Studies. Tabor completed an academic year abroad in Salamanca, Spain, studying Spanish language, history, culture, and business. He was raised in Richmond, Vermont, and graduated from Mount Mansfield Union High School in 2021. Throughout the summer Tabor has been…