New information about how current market conditions may affect Vermont's captive insurance industry have been added to a seminar scheduled for October 8th.

The seminar, which takes place in Burlington, Vt., can also be accessed by telephone, VCIA said.

A panel of Vermont regulators--David Provost, Vermont deputy commissioner of captive insurance; Peter Raymond, director of captive insurance; and Sandra Bigglestone, director of financial examinations--will discuss frequently asked questions and areas of concern regarding necessary filings with Vermont's Captive Insurance Division.

Topics include:

o Current market conditions and their impact on Vermont's captives

o Annual and quarterly filing requirements for various types of captives

o Management's Discussion & Analysis (MD&A)

o BISHCA's analysis process--what raises flags?

o Premium tax returns--when can I consolidate?

o The examination process--what can be done to facilitate it?

o Documentation

o Proformas

The seminar will take place at the Hilton Hotel and is also available via audio-conference. Two CPE or CLE credits will be available for those who attend in person or by phone. For International Center for Captive Insurance Education (ICCIE) students, participation in the seminar completes one-third of the teleconference requirement for the Associate in Captive Insurance designation.

For event details and to register online, go to www.vcia.org.

Special Reports /

Vt. Captive Seminar Includes Mkt. Condition Content

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