NU Online News Service, Jan. 10, 1:18 p.m. EST
Vermont increased its number of captive insurance companies in 2011 from the two previous years as the state continues to see growth in that industry, capturing six captives that were domiciled elsewhere.
The state released its figures today saying in 2011 Vermont licensed 41 new captive insurance companies, bringing the total number of licenses to 952, according to data released by the Vermont Banking, Insurance, Securities and Health Care Administration (BISHCA).
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