VCIA To Offer Chicago Seminar

NU Online News Service, March 6, 10:00 a.m.EST?The Vermont Captive Insurance Association announced acaptive seminar and breakfast in Chicago, April 9.

The decision to form a captive insurance company is anindividualized process that reflects the unique needs and interestsof each association, corporation or group, said the Burlington,Vt.-based VCIA. Seminar representatives from two different types ofcaptives will share their experiences.

The discussion, titled "Understanding the Strategic Advantagesof Captives, Regardless of Market Conditions," will present casestudies describing a variety of captive formations.

Presenters will also describe the captive climate and regulatoryrequirements in Vermont, the largest U.S. domicile, according toVCIA.

The moderator is Brian C. Donovan, president of Steel TankInsurance Company, A Risk Retention Group.

Panelists are Leonard Crouse director of captive insurance,Vermont Department of Banking, Insurance, Securities and HealthCare Administration; Paul Knapp, president, Vermont WesternAssurance (DST Systems); and Michael Bemi, president and chiefexecutive officer of The National Catholic RRG.

Admission is free but seating is limited?a seminar space must bereserved by April 1. For a hotel reservation, VCIA said, phone theOmni Chicago Hotel at (800) THE-OMNI and reference VCIA's April 8-9block to receive a special rate?available only until March 26.

More information is available at www.vcia.com/ChicagoEvent0409.htm.