At the recent VCIA conference in August, a rumor was being circulated that Bill White could be the next captive administrator of the U.S. Virgin Islands.

Bill, who has worked in many aspects of the industry, including captive administrator for Washington, D.C. and most recently Delaware, left Delaware this summer, looking forward to opportunities in the private sector. That's why I wondered if this was any more than a rumor.

When I talked to him late last week, Bill confirmed that he indeed has had a few conversations with U.S. Virgin Islands and that there is interest on both sides. Whether an offer is made remains to be seen, he said, adding that he has read through the U.S. Virgin Island's new statutes and finds them “intriguing.”

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