NU Online News Service, May 28, 1:15 p.m. EDT
Vermont Gov. Jim Douglas signed legislation into law yesterday, designed to give the state a leg-up in the heated competition between captive insurance domiciles--both onshore and offshore.
The omnibus banking and insurance legislation, which includes provisions for the regulation and expansion of the Vermont captive insurance industry, would streamline the redomestication process for offshore captives wishing to relocate in Vermont.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
