Start Strong, Stay Strong: Licensing, Business Plan Changes & Exams in Vermont

February 18, 2026

VCIA is pleased to present its 2026 Q1 webinar. Join the leadership team of the Vermont Department of Financial Regulation's Captive Division as recently appointed Deputy Commissioner Christine Brown and colleagues go through important regulatory updates emphasizing business plan changes, examinations and licensing.

Learning Objectives:

  • Interpret the latest Vermont DFR licensing regulations and apply best practices for ensuring compliance
  • Evaluate the implications of recent regulatory updates on business plan changes
  • Apply/Implement best practices for preparing for and responding to Vermont DFR regulatory exams

Resources

Slide Deck
Video File

Access

Become a member or purchase video to download resources

Access

Members get full access to all videos
Not a member yet? Join or purchase the video

Who Should Watch

  • Attorneys
  • Captive Consultants & Advisors
  • Captive Managers
  • Compliance Officers & General Counsel
  • Finance & Accounting Professionals
  • New Entrants to the Captive Industry
  • Risk Managers & Captive Owners

Speakers

Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Christine Brown
Deputy Commissioner

As Deputy Commissioner, Christine Brown currently leads the Captive Insurance Division of the Vermont Department of Financial Regulation. She is responsible for the administration and regulation of captive insurance companies and risk retention groups.

Christine has been with the Captive Division since 2003, previously serving as Director of Captive Insurance, and has been involved in all aspects of the analysis and examination processes.  Prior to joining the Captive Division, Christine spent seven years in public accounting, including four years with Johnson Lambert, LLP in Burlington, VT, specializing in captive insurance, and three years with Ernst & Young, LLP in Boston, MA.  

Christine received a MS in Accounting and MBA from Northeastern University and a BA in Political Science from Regis College.  

Jim DeVoe-Talluto
Assistant Director of Captive Insurance

As Assistant Director of Captive Insurance, Jim supports Vermont’s captive regulatory operations, including licensing and monitoring the financial condition of captive insurers domiciled in Vermont.

Jim has been with the Captive Division since 2004 and has served as an examination supervisor and analyst.  Prior to joining the Captive Division, Jim spent three years in public accounting and captive management.

Jim received a MS in Accounting and MBA from Northeastern University and a BA in English from Stanford University.

Dan Petterson
Director of Captive Examinations

Dan leads a group of 22 examiners responsible for ensuring that Vermont captive insurance companies are operating responsibly and in accordance with applicable rules and regulations.  

Before his transition to the Vermont Division of Captive Insurance, Dan spent four years with the Vermont Division of Insurance regulating traditional insurance companies as an Administrative Insurance Examiner.  Prior to becoming a regulator, Dan spent six years in public accounting, including three years with PricewaterhouseCoopers primarily in the insurance industry. 

Dan received an undergraduate degree in accounting from Castleton State College and a Masters in Business Administration from the University of New Hampshire.