Vermont Captive Celebrates 1,200th Licensed Captive Insurance Company
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Vermont licenses its 1,200th Captive Insurance Company
As Vermont reaches another significant milestone for our Captive Insurance industry, we look forward to continuing to grow our reputation as a global leader in this sector and utilize our position to bring more Captives to Vermont, said Governor Phil Scott. MONTPELIER, Vt. (PRWEB) February 11, 2021 Governor Phil Scott announced today that the Department of Financial Regulation (DFR) has licensed Vermont’s 1,200th captive insurance company. Sustainable Assurance Company was granted a license as a pure Captive Insurance Company on January 1, 2021. It was formed by the Lancaster County Solid Waste Management Authority (LCSWMA).
A Vermont captive assists a solid waste management authority in meeting its sustainability goals
Vermont Business Magazine Governor Phil Scott announced today that the Department of Financial Regulation (DFR) has licensed Vermont’s 1,200th captive insurance company. Sustainable Assurance Company was granted a license as a pure Captive Insurance Company on January 1, 2021. It was formed by the Lancaster County (PA) Solid Waste Management Authority (LCSWMA).
“As Vermont reaches another significant milestone for our Captive Insurance industry, we look forward to continuing to grow our reputation as a global leader in this sector and utilize our position to bring more Captives to Vermont,” said Governor Phil Scott.
A change is happening at the top of Sweetwater Hospital Association (SHA).
SHAâs Board of Directors and Scott Bowman have announced his upcoming plan to retire from his longstanding role of hospital administrator effective Jan. 1, 2021.
SHAâs Board of Directors selected Ian McFadden, D. Sc., to be Bowmanâs successor in the role of chief executive officer (CEO).
Bowman has previously been employed by Woods Memorial Hospital, Epperson Hospital, and Athens Community Hospital.
He began his journey at Sweetwater Hospital Association in May of 1976 as the assistant administrator and, after one year, was promoted to administrator. In 1977, Bowman, through a unique hospital-physician management arrangement, the first of its kind, was able to recruit medical specialties and sub-specialties to the hospital and community that are still in effect.
A change is happening at the top of Sweetwater Hospital Association (SHA).
SHAâs Board of Directors and Scott Bowman have announced his upcoming plan to retire from his longstanding role of hospital administrator effective Jan. 1, 2021.
SHAâs Board of Directors selected Ian McFadden, D. Sc., to be Bowmanâs successor in the role of chief executive officer (CEO).
Bowman has previously been employed by Woods Memorial Hospital, Epperson Hospital, and Athens Community Hospital.
He began his journey at Sweetwater Hospital Association in May of 1976 as the assistant administrator and, after one year, was promoted to administrator. In 1977, Bowman, through a unique hospital-physician management arrangement, the first of its kind, was able to recruit medical specialties and sub-specialties to the hospital and community that are still in effect.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Multi-State AAA Preferred Service Provider United Towing & Transport Joins the eMaxx Group Captive Program
December 17, 2020 GMT
PEABODY, Mass. (BUSINESS WIRE) Dec 17, 2020
eMaxx Assurance Group of Companies (eMaxx), a provider of insurance program administration, risk management, and technology today announced that United Towing & Transport, a premier multi-state AAA Preferred Service Provider has joined the group captive program for AAA roadside assistance providers.
“eMaxx welcomes United Towing & Transport as a new Member to the eCaptiv program,” said Timothy Kolojay, President of eCaptiv LLC. “Our primary objective of the program is to provide captive insurance solutions to companies such as United Towing that are committed to driving profitability through the implementation of risk management technologies and safety best practices.”