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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Vermont regulator rises to the top in Captive Review’s annual “Power 50” poll

Montpelier, Vt. – Captive Review, a leading London-based trade publication for the captive insurance industry, has released their annual “Power 50” and “Ones to Watch” selections. These polls recognize the most influential individuals in the global captive insurance industry. A record fourteen captive insurance professionals with ties to Vermont were recognized. Sandy Bigglestone, Director of Captive Insurance at…

Vermont Captive Spotlight Series

In celebration of its 40th anniversary, Vermont Captive is featuring a series throughout the year highlighting companies and people that service the captive insurance industry. “When nothing is sure, anything is possible.” That is a mantra that has driven and inspired attorney Stephanie Mapes throughout her career, pushing her to be unafraid of taking roads…

New captive legislation signed by Governor Phil Scott

Montpelier, Vt. – Governor Phil Scott signed new legislation into law strengthening Vermont’s captive regulation in a variety of areas. This year’s bill, S.88, combined changes to Vermont’s insurance and captive insurance statutes in a single bill to help minimize the number of items before the legislature. The bill made several updates to Vermont’s captive law,…

Vermont honors the legacy of captive industry leader

Montpelier, Vt. – The State of Vermont honors the legacy of Leonard “Len” Crouse after his passing on May 6, 2021. Len was appointed the first Deputy Commissioner of the then newly created Captive Insurance division in 2003 and prior to that served as the Director of Captive Insurance since 1990 for the Vermont Department of…

Vermont recognizes pioneer of captive industry

Montpelier, Vt. – The Agency of Commerce and Community Development (ACCD) and the Department of Financial Regulation (DFR) today recognized George Chaffee after his passing on February 6, 2021. George became Deputy Commissioner of the then Banking and Insurance Department in 1977 and was appointed by Governor Richard Snelling as Commissioner of the department on March…