Vermont Governor Phil Scott has signed into law House Bill 649, the State of Vermont’s yearly captive update, prohibiting risk retention groups from making loans to, or investments in, their member-owners and/or affiliates, with provisions taking effect on 1 July 2026.
HB 649 also introduces the requirement for quarterly financial statement filings for RRGs.
Subscribe to Ci Premium to continue reading
Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.
