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Caught My Eye

Insurance Havens: Bermuda, Cayman Islands, and Vermont?!

Erin McCune

April 4, 2007
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Apparently Vermont is becoming one of the most popular locations for "captive" insurance units. Over 560 US companies have established Vermont-based private, unrated insurance companies to serve their employees – nearly as many companies as have established insurance units in the Cayman Islands. Read the entire New York Times article here. 

Graphic courtesy of the New York Times:
Vermont_3

Read more:

Vermont Becomes ‘Offshore’ Insurance Haven
By LYNNLEY BROWNING
The New York Times
Published: April 4, 2007

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