Vermont Department of Banking, Insurance, Securities and Health Care Administration

• Industry Groups, Nevada Continue Court Battle Over RRG

  By Caroline McDonald, PropertyCasualty360.com  |  December 22, 2011

  Four industry associations are speaking up for a risk retention group, requesting that the federal Ninth Circuit Court of Appeals uphold a decision by the Nevada District Court in July 2011 to allow the RRG to continue operating, despite the state's efforts to shut it down.

• Vermont Licenses 33 Captives In 2010

  By Caroline McDonald, PropertyCasualty360.com  |  January 13, 2011

  The State of Vermont said it licensed 33 new captive insurance companies in 2010, down from the 39 it licensed in 2009.

• Vermont Sees Captive Growth Even In Soft Market, Tough Economy

  By Caroline McDonald, PropertyCasualty360.com  |  August 9, 2010

  Vermont is preparing to defend its position as the top U.S. captive domicile by adding additional staff to keep turnaround times to a minimum, as well as updating regulations.

• Vt. Captive Half-Year Formations Surpass '09 Numbers

  By Caroline McDonald, PropertyCasualty360.com  |  July 21, 2010

  The State of Vermont's captive insurance sector reported a strong first half of 2010, licensing 17 new captive insurance companies and surpassing 2009 half-year numbers as the state nears its 900-license milestone, officials said.

• Vt. Captive Regulator Leaving For Fla. Hurricane Cat Fund

  By Staff Writer  |  June 10, 2010

  Peter Raymond, director of Captive Insurance for the Vermont Department of Banking, Insurance, Securities & Health Care Administration (BISHCA), will leave his regulatory position to take a job outside the captive insurance sector, BISHCA said.

• Vermont Captive Growth Continued Strong Last year

  By Staff Writer  |  January 7, 2010

  Vermont officials reported that despite the weak economy last year growth continued strong for the licensing of captive insurers in the state.