Redomesticate NH

07/13/2011

Here's the press release that caught the attention of the New England regional Insurance industry last week. And though the tax savings is the sexy part, the PR gives more reasons why NH is the right choice for insurance companies.

In this current economic climate, every penny counts, and revenue-conscious insurance companies are looking for new ways to hold down costs and create a positive impact on their income statements. Trimming office supply budgets and reducing travel expenditures can make a small dent, but there's an e...

07/11/2011

"New Hampshire's effort to improve its own budgetary position by offering a business-friendly environment is a vastly preferable method than other states' trend toward additional assessments on the Insurance industry, 'crash taxes,' or increased fees." Erin L. Ayers, editor at Standard Publishing Corporation.

The Standard is the weekly newsmagazine for the New England insurance professional. Published since 1865, The Standard keeps the New England insurance community up-to-date with timely, reliable reporting from regional meetings and legislative sessions, and expert commentary on the news that matters

06/29/2011

1) One of the lowest premium tax burdens in the Northeast, 2) a friendly regulatory environment, and 3) a lower cost of doing business - that's the New Hampshire Advantage. When you add in 4) skilled labor, 5) close proximity to an urban center in Boston, 6) lower retaliatory taxes, and 7) a lower tax burden overall, you've got all the reasons you need to redomesticate your insurance company to the Granite State.

06/27/2011

Did you know these things about Life Insurance? More flexible than you might have known or guessed...

/PRNewswire/ -- Life insurance proceeds not only provide an immediate death benefit should you die prematurely, it can also be used to pay off a home mortgage or business loan, provide funds for your child's college tuition or to save up for retirement. There are several ways you can use the proceed

06/24/2011

Quality of life is just one aspect of this. Economic aspects factor in, too. More proof that your business belongs in NH!

After looking at 44 different quality of life factors, CQ Press named New Hampshire a top 5 “Most Livable State” for the sixth year in a row.

06/21/2011

New Hampshire Business Services Manager Michael Bergeron explains briefly what's involved in the 4-6 months it takes for the state Insurance Department to review and approve a company interested in redomesticating to the Granite State, to take advantage of the lowest premium tax rate in the Northeast.

06/17/2011

Congrats to Liberty Mutual, which has a number of companies domesticated in NH, for the big news! They've jumped from 5th to 3rd largest P/C insurer as ranked by net premiums - and according to A.M. Best, those kind of leaps are rare. (NH is home to more than 4,000 Liberty employees, and one of its three worldwide data centers, too.)

06/15/2011

With a premium tax at 1.25% on property/casualty and life insurance lines of business and a quality of life that's second to none, there's never been a better time to expand, relocate, or redomesticate to New Hampshire, the "most livable state" in the nation. Discover what the Granite State holds for you and the future of your insurance company.

06/15/2011

How does New Hampshire "do it"? Lower spending, diverse revenue sources, and specific policy choices create the state's favorable tax environment, which requires no income tax or broad base sales tax. Check out this special report from the Federal Reserve Bank in Boston to learn more!