Citing environmental and safety concerns, Lancaster County Solid Waste Management Authority has started charging a $20 penalty to anyone who arrives at one of its facilities with a load of
LCSWMA forms Vermontâs 1,200th captive
10-02-2021
Vermont’s Department of Financial Regulation (DFR) has licensed the state’s 1,200th captive insurance company.
Sustainable Assurance Company was granted a license as a pure captive for Lancaster County Solid Waste Management Authority (LCSWMA) on January 1, 2021. Artex Risk Solutions serves as the captive manager.
LCSWMA collects energy, landfill, transfer station and household hazardous waste and minimises its environmental impact via a portfolio of sustainability projects, some in partnership with the private business sector.
With rising premium costs, combined with a hardening underwriting market, LCSWMA was having difficulty finding property coverage.
Robert Zorbaugh, chief executive officer of LCSWMA, said it had been an easy decision to select its domicile. “Vermont has a rich history, proven experience, and has a great reputation in the industry. We wanted to do it right and partner with the best to make