What's ARC? A New Insurance Product Could Be A Moneymaker For Vermont




VPR News show

Summary: Vermont's Department of Financial Regulation is home to a captive insurance division that stealthily regulates over 600 companies registered in the state and brings in around $25 million a year. Now the division is offering another insurance product it hopes could bring additional business to the state: it's called ARC, short for an affiliate reinsurance company.