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Vermont Captive Insurance Legislative Agenda Signed Into Law

shumlin-with-captive-groupOn May 7, 2015 Governor Peter Shumlin signed new legislation passed in the 2015 session which strengthens Vermont’s captive legislation in a variety of areas including changes to the investment guideline to allow marketable securities along with cash, trusts and letters of credit to meet the minimum capital requirement.  PF+C’s Captive Insurance team was in attendance at the signing which took place at Aon Insurance Manager, Inc. in Burlington, VT.  Read the entire news release and a summary of changes in the law here.