VERMONT SOLIDIFIES POSITION AS TOP U.S. CAPTIVE DOMICILE.(captive insurance companies) From: Business Insurance | Date: April 12, 1999| Author: ZOLKOS, RODD | COPYRIGHT 1999 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

MONTPELIER, Vt. -- Despite a soft commercial insurance market, the domestic captive domicile champion continues to rack up impressive growth.

Vermont insurance regulators last year licensed 40 captives, the second-highest number of captives licensed since Vermont's captive statute took effect in 1981.

Even after the dissolution of 11 captives in 1998, Vermont-based captives grew to 334 at year end from 305 in 1997. Gross premium volume jumped 10.2% to more th...

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