Other types of captive insurance companies, including pure, association, sponsored, industrial insured, and agency captives, retain their existing reporting framework largely intact. They continue to file with the Commissioner by March 15, and may apply for an alternative fiscal year-end reporting date. If granted, their annual report is due 75 days after the fiscal year-end, with a premium schedule filing still required by March 15 to support the premium tax return.
Vermont tightens rules on captive insurers and risk retention groups
By Awais
