Raimondo Ceremonially Signs Bills Encouraging Insurance Companies to Create Jobs in Rhode Island

NEWS

Press Conference

PROVIDENCE, R.I. – Governor Gina M. Raimondo ceremonially sign into law
legislation passed this year that encourages insurance companies to create jobs in Rhode Island.
By offering a tax incentive to insurance providers, these bills will leverage the
strength of the state’s insurance industry and provide more job opportunities for
Rhode Islanders. The Finance and Insurance industry is the third-highest paying
sector in the state, with an average wage of approximately $92,000, employing nearly
30,000 Rhode Islanders.
«‘Make it in Rhode Island’ isn’t just a slogan. With these pieces of legislation,
we’re making sure that insurance companies will be able to thrive and create jobs,
right here in our state,» Raimondo said. «These bills will play an important part
in revitalizing the economy and transforming Rhode Island into the next great hub
of innovation and enterprise.»

Premium jobs initiative bill signing
«‘Make it in Rhode Island’ isn’t just a slogan. With these pieces of legislation,
we’re making sure that insurance companies will be able to thrive and create jobs,
right here in our state,» said Governor Raimondo. «These bills will play an
important part in revitalizing the economy and transforming Rhode Island into the
next great hub of innovation and enterprise.»