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11 March 2020USA analysis

Vermont cancels captive trade mission to Mexico


The Vermont insurance industry trade mission to Mexico City, Mexico, on March 24, 2020, has become the latest captive event to be cancelled due to the COVID-19 virus.

In a statement, Vermont’s director of financial services vowed the event’s organisers would “work diligently to reschedule the event in Mexico City once this public health emergency has been removed.”

The statement said the decision had been taken in consultation with state and federal government officials in the US and Mexico out of “an abundance of caution,” and concern for the health and well-being of event registrants and colleagues.


More on this story

Analysis
5 February 2020   The State of Vermont and the Vermont Captive Insurance Association (VCIA) will visit Mexico in the week commencing March 23 as part of an educational captive insurance trade mission.
Law & regulation
20 March 2020   Vermont’s Department of Financial Regulation (DFR) will offer waivers to captives and other businesses that are unable to hold board meetings in coming months due to the spread of COVID-19.

More on this story

Analysis
5 February 2020   The State of Vermont and the Vermont Captive Insurance Association (VCIA) will visit Mexico in the week commencing March 23 as part of an educational captive insurance trade mission.
Law & regulation
20 March 2020   Vermont’s Department of Financial Regulation (DFR) will offer waivers to captives and other businesses that are unable to hold board meetings in coming months due to the spread of COVID-19.