Our Blog – Burlington VT
Microsoft: What it means for captives
Apr 25, 2019
By now, most in the captive insurance industry know about the Cease and Desist Order issued last year by the elected Washington Insurance Commissioner (the “Commissioner”) to Cypress, Microsoft’s Arizona-domiciled captive. The Commissioner ordered Cypress to stop transacting insurance and to pay Washington tax on its premiums, as well as interest and penalties. The dispute settled for $876,820, and Cypress issues its policies through a surplus lines broker.
President's Column | Behold the Future
Mar 28, 2019
Vermont Bar Journal Spring 2019 President's Column, Behold the Future
Your Estate Planning Pre-Consultation Checklist
Jan 09, 2019
We’ve prepared a pre-consultation checklist so that you can make the most of you and your attorney’s time.
2019 New Year’s Resolution: Your Estate Plan
Jan 03, 2019
The start of a new year can be a time of commitment to self-improvement, accomplish a personal goal or otherwise improve one's quality of life. For many, estate planning may not be at the top of their list of New Year’s resolutions, but it should be.
President's Column | It Matters
Jan 02, 2019
Vermont Bar Journal Winter 2018 President's Column, It Matters.
New Standards for Determining Joint-Employer Status
Oct 08, 2018
On September 14, 2018, The National Labor Relations Board (the Board) issued a proposed regulation to establish the standard for determining whether two “employers” are joint employers of a group of employees under the National Labor Relations Act. The Rule can be found on the Federal Register website.
Residential Real Estate Mortgage Loan Commitment Letters
Oct 01, 2018
The Vermont Department of Financial Regulation (DFR) now requires mortgage lenders to issue commitment letters in connection with all residential mortgage loans (Regulation B-2018-02, revising the content and timing requirements of residential mortgage loan commitment letters). The new requirements are effective October 1, 2018. Regulation B-2018-02 supersedes and replaces Regulation B-98-1.
August 2018 Captive Insurance Update
Aug 20, 2018
The August 2018 captive insurance update is here! Scroll this page or download for a full update on what's new in captive insurance this summer.
Marijuana Legalization & the Workplace | 5 Tips for Employers
Jun 20, 2018
Vermont recently joined a growing number of states that have legalized the recreational use of marijuana. Vermont’s law, among other things, eliminates penalties for possession of one ounce or less of marijuana and two mature and four immature marijuana plants for a person who is 21 years of age or older.
Vermont’s New Captive: Affiliated Reinsurance Companies
Jun 20, 2018
With an eye toward creating a domestic alternative to offshore reinsurance affiliates, the Vermont Legislature recently passed legislation establishing a new type of captive, an affiliated reinsurance company (“ARC”), effective July 1, 2018.