Trusts (New Hampshire) vs. Insurance (Vermont)

New Hampshire vs. Vermont: People in Vermont wear funny sandals and talk about world peace. New Hampshire residents sell liquor at toll booths and drive without seat belts. The one thing they agree on is their dislike of Massachusetts. 

Now the two states are battling with financial services as weapons: trusts for New Hampshire, insurance for Vermont.

One Vermonter sees no risk in lightly capitalized "captive" insurance companies. Other commentators aren't convinced.