“…The states with favorable statutes, particularly Colorado, Tennessee, and Vermont, present companies with such advantages as ease of organization, exemption from the assigned risk pool, and potential for a reinsurance contract. 30 As long as a state insurance regulator can be satisfied that the captive is financially viable, the process of writing insurance policies can be pursued without onerous state regulation. Experienced management by insurance professionals is felt to go a long way toward reassuring state regulators of the stability of the captive.…”