Pandemic Losses Spur NCAA to Set Up Captive Insurance in Vermont
Anne Wallace Allen
March 17, 2022 at 9:07PM
The NCAA, which is headquartered in Indianapolis, didn’t respond to questions about its captive insurance program, which became active March 1. The NCAA makes its money from the television and marketing rights for its championships, so the schools don't pay into the insurance fund, said Dave Provost, deputy commissioner of captive insurance for Vermont.