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Vermont Captive news

Vermont to conduct captive insurance trade mission in Mexico

Montpelier, Vt. – The State of Vermont and the Vermont Captive Insurance Association (VCIA) will send a delegation of government, regulatory, and industry representatives to Mexico to highlight Vermont’s leading captive insurance industry. The trade mission was originally planned for March 2020, but was delayed due to the COVID-19 Pandemic. The delegation will lead a captive…

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Captive insurance growth in Vermont remains strong

Montpelier, Vt. – The Vermont Captive Insurance Association is hosting “Captive Insurance Day” today at the Statehouse to highlight the continued success of the captive insurance industry in the state after another banner year in 2022. The State of Vermont licensed 41 new captive insurance companies in 2022. Vermont is now home to 639 licensed…

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Rebecca James – Come on in.

In our newest edition of the Vermont Captive Spotlight Series, hear from Rebecca James, a CPA and partner at Johnson Lambert, a tax audit and advisory service for the captive insurance industry. Read the full article to get Becky’s insights on her career so far and the captive industry, in general.

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Jim DeVoe-Talluto promoted to Assistant Director of Captive Insurance

Montpelier, Vt. – Examiner-In-Charge Jim DeVoe-Talluto has been promoted to Assistant Director of Captive Insurance at the Department of Financial Regulation. Jim will fill the role that Christine Brown held, who was recently promoted to Director of Captive Insurance of the Captive Insurance Division. “We’re committed in Vermont to maintain quality regulation and a stable environment…

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Dave Provost and Sandy Bigglestone share the future of Vermont captives as one retires and the other steps into the role of Deputy Commissioner

After serving for 14 years as Deputy Commissioner of Vermont’s Captive Insurance Division, during which time the division has grown from strength to strength, Dave Provost is handing the baton to longstanding colleague Sandy Bigglestone. Risk & Insurance spoke with them to reflect on Provost’s time in office and what Bigglestone plans for the future…

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