News and information for insurance company (carrier) executives on compliance issues, including court rulings, new statutes & laws and other factors that influence how organizations remain compliant with authorities at both the state and federal level.
An article in The New York Times comparing captive insurance to “the shadow banking system” has Vermont’s captive regulator puzzled and frustrated, because while some of the observations are true, they don’t add up to a fair representation of the captive industry, he says.
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