A.M. BestTV: Dodd-Frank to Frame Captive Regulatory Talk at VCIA

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A.M. BestTV: Dodd-Frank to Frame Captive Regulatory Talk at VCIA

OLDWICK, N.J.--(BUSINESS WIRE)-- This A.M. BestTV episode looks at the hot-button issues likely to be discussed at the upcoming Vermont Captive Insurance Association annual conference, beginning Tuesday in Burlington, Vt. Today: the uncertainties surrounding U.S. regulation, and how the VCIA is valued for legislative advocacy in Washington. Rich Smith, president of the VCIA, said much of the group's focus has shifted to legislation moving through Washington. He said they are trying to avoid having the captive industry inadvertently swept up in bills that the industry and association doesn't believe should apply to them, such as the Nonadmitted and Reinsurance Reform Act, part of the Dodd-Frank Act. Diane Salter, senior vice president, Mountain Laurel Risk Retention Group Inc., talks about health care reform and the unknowns of how it might impact the captive world. Click on http://www.ambest.com/v.asp?v=vcia1813 to view the video program.

People who appear in this episode include:

  • Steve McElhiney, President, Tall Pines Insurance Company and EWI Risk Services;
  • Diane Salter, Senior Vice President, Mountain Laurel Risk Retention Group Inc.;
  • Michael Bemi, President and CEO, The National Catholic Risk Retention Group Inc.; and
  • Rich Smith, President, Vermont Captive Insurance Association

A.M. BestTV covers exclusive A.M. Best Co. information and reports, targeted topics and key developments in the (re)insurance industry, every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M. BestTV episodes at www.ambest.tv.

A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.


A.M. Best Company, Inc.
Jim Peavy, 908-439-2200, ext. 5644
Assistant Vice President, Public Relations

KEYWORDS:   United States  Europe  North America  New Jersey  New York


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