I am here to say thank you to the good work of the committee, Republicans and Democrats, but also for making an adjustment in the bill that is going to make a real difference to small Vermont insurers. This bill calls for a study instead of an imposition of an obligation for the NBCR. That's the right thing to do. Second, it lowers the trigger when the TRIA program will kick in from $100 million to $50 million. That is enormously helpful to cash-strapped companies that are on the small size. So, I thank the chairman, I thank the members of the committee, Republican and Democrat, on behalf of small businesses and small insurance companies.
Peter Welch: “I am here to say thank you to the good work of the committee, Republicans and Democrats, but also for making an…”
Editor's note · Context
Expressing gratitude for committee work on a bill benefiting small insurers in Vermont.
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