Vermont Updates Captive Insurance Statutes in 2025 Legislation

Vermont passed new legislation in 2025 to update its captive insurance statutes. The changes clarify licensing authority, update rules for LLCs, and refine how captives act as reinsurers. Mutual insurer provisions were also adjusted for better regulatory alignment. These updates were developed through collaboration between state regulators and the captive insurance industry. The reforms aim to strengthen Vermont’s leadership in the global captive insurance market.

Source: Captive.com

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