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Captive Insurance Booming In Vermont

One industry brings millions of dollars a year to the state in taxes and fees, and you’re not likely to see their offices on your main street. Last week, the Governor held a press conference to announce the 1,000th captive insurance business in Vermont.

Dave Provost is the Deputy Commissioner of Captive Insurance for the Department of Financial Regulation. He spoke with Vermont Edition about why companies are drawn to Vermont for captive insurance.

Jane Lindholm is the host, executive producer and creator of But Why: A Podcast For Curious Kids. In addition to her work on our international kids show, she produces special projects for Vermont Public. Until March 2021, she was host and editor of the award-winning Vermont Public program Vermont Edition.
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