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MONTPELIER, Vt. (PRWEB) May 31, 2021 Captive Review, a leading London-based trade publication for the captive insurance industry, has released their annual Power 50 and Ones to Watch selections. These polls recognize the most influential individuals in the global captive insurance industry. A record fourteen captive insurance professionals with ties to Vermont were recognized.
Sandy Bigglestone, Director of Captive Insurance at the Vermont Department of Financial Regulation, was one of only two regulators recognized and the highest-ranking, climbing 10 spots from the 2020 poll to number 7 in this year s Power 50. Sandy manages Vermont s captive regulatory operations and licensing and monitoring of the financial condition of captive insurers domiciled in Vermont.
The 2021 Atlantic hurricane season begins on June 1 and follows an active 2020 hurricane season that serves as a stark reminder of the need to plan ahead.
Vermont regulator rises to the top in Captive Review s annual Power 50 poll vermontbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vermontbiz.com Daily Mail and Mail on Sunday newspapers.
Iowa adopts insurance data security act for licensed insurers Thursday, May 13, 2021 3:33 PM Gov. Kim Reynolds recently signed into law the Iowa Insurance Data Security Act (House File 719), making Iowa one of more than a dozen states to adopt the National Association of Insurance Commissioners model cybersecurity law, JD Supra reported. Effective Jan. 1, 2022, the act establishes investigation procedures, data security program standards and notification requirements for Iowa Insurance Division-regulated licensees to protect the security and confidentiality of nonpublic information and the security of the licensees information systems. Licensees with fewer than 20 employees are exempt, as are licensees with less than $5 million in gross annual revenue or less than $10 million in year-end total. Covered licensees must develop, implement and maintain a comprehensive written information security program that considers their size, complexity, the scope