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Captives in Vermont will enjoy greater protection of their assets now that a bill has been passed by the state legislature that will allow for the separation of risk within a captive cell.

With the captive insurance industry at a relative crawl over the past few years, an upward trend reported by several domiciles in 2011, including Bermuda, has generated enthusiasm in the captive industry.

Legislation passed last weekend will allow the formation of captive insurers in Tennessee as of July 1, according to a spokesperson.

Legislation passed last weekend will allow the formation of captive insurers in Tennessee as of July 1, according to a spokesperson.

Captives in Vermont will enjoy greater protection of their assets now that a bill has been passed by the state legislature that will allow for the separation of risk within a captive cell.

Vermont is proposing changes to its captive-insurance law as part of its annual enhancements to its captive statute, according to the Dept. of Banking, Insurance, Securities and Health Care Administration (BISHCA).

Bill A2360, which would make New Jersey a captive insurance domicile, has passed both houses and is on its way to Gov. Chris Christie.

Facing shrinking resources, an uncertain economy, and changing political and regulatory landscapes, risk managers may be forced to reassess their particular captive insurance solutions, a new white paper suggests.