State aims to enhance industry appeal through regulatory modernization

Vermont Gov. Phil Scott (pictured above) has signed H.137 into law, advancing regulatory updates for the state’s insurance industry, including provisions specific to captive insurers. 

The legislation, referred to as the Department of Financial Regulation’s (DFR) 2025 housekeeping bill, was developed with input from the Vermont Captive Insurance Association (VCIA) and other industry s…

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