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Vermont registers 700th captive

Risk & Insurance, Nov, 2004

Helmerick & Payne Corp. an energy-oriented company engaged in contract drilling in the U.S. and South America, has established Vermont's 700th captive insurance company, according to the Vermont Department of Banking, Insurance, Securities and Health Care Administration (BISHCA).

Vermont began 2004 with 674 licenses after having had a record year of 77 new captives in 2003.

COPYRIGHT 2004 Axon Group
COPYRIGHT 2008 Gale, Cengage Learning
 

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