Latest Vermont Headlines
All the headlines from our Vermont Topic Page, ordered by recency.
Vt. Doctors Call for Med-Mal Action
May 16 2005 // Sharp increases in medical malpractice insurance premiums are prompting Vermont doctors to call for the Legislature to limit payouts in malpractice lawsuits and take other steps to rein in costs. “While medical...
NCCI Payroll Correction to Lower Vt. Workers’ Comp Rates for Some
May 9 2005 // Hundreds of Vermont policyholders may see reductions in their 2003 and 2004 workers’ compensation insurance premiums as a result of adjustments to the data used in the 2003 and 2004 rate filings prepared by the...
SEED MAKERS’ LIABILITY SOUGHT:
Apr 18 2005 // The Vermont Senate has approved a bill that would make seed manufacturers rather than farmers liable for damages from genetically modified crops. The measure is designed to help farmers recover losses from the accidental...
Tougher Laws Key to Fight Against Insurance Fraud
Apr 18 2005 // How do you convince overworked state prosecutors to chase down often stale-sounding insurance swindles when their case files already are bulging with high-profile crimes such as drugs, robbery and murder? Insurance-fraud...
Vermont Senate Seeks ‘Strict Liability’ for Seed Makers of Genetically Engineered Crops
Apr 3 2005 // The Vermont Senate last week gave preliminary approval to a bill that would make seed manufacturers rather than farmers liable for damages from genetically modified crops. As the measure heads for a final vote, an...
Vermont Reports Decline in Teen Driver Fatalities
Mar 9 2005 // The number of Vermont teenagers who died in traffic crashes has declined sharply to where the state has one of the lowest death rates in the country. Highway safety officials credit the new “graduated” licenses...
Liberty Mutual Opens First On-Shore Rent-A-Captive
Mar 3 2005 // Liberty Mutual has now received regulator approval to set up captives in the United States through its Vermont-based Liberty Mutual Management LLC office. Liberty Sponsored Insurance (Vermont) Inc. will serve as a...
N.H. Auto Insurance Rates Falling
Feb 8 2005 // New Hampshire drivers are benefiting from increased competition among auto insurers. Seven of the 11 auto insurance companies that have filed rate change requests with the state so far this year have asked for decreases,...
Liberty Mutual Opens Captive Office in Vermont
Feb 4 2005 // Liberty Mutual Captive Services opened its second on-shore office in the past four months on January 20 when it gained approval to establish Liberty Mutual Management (Vermont) LLC in South Burlington. The principal...
AIA Opposes Vt. Underinsured Motorist Bill
Jan 25 2005 // The American Insurance Association on Tuesday called upon the Vermont State Legislature’s House Commerce Committee to reject a bill (H. 79) that would expand underinsured motorist coverage and increase auto insurance...
Consumers Warned Over Alleged Loan, Insurance Scam by Jefferson Financial, Watermark Insurance
Dec 29 2004 // The Vermont Department of Banking, Insurance, Securities and Health Care Administration and the nation’s Better Business Bureaus have issued consumer advisories against companies going by the names Watermark...
From Maine to Virginia … What Happened in 2004
Dec 20 2004 // Leaving aside the insurance brokerage compensation investigations, the World Trade Center trial, the St. Paul-Travelers merger and the UnumProvident settlement, all of which have their roots in this region but grew to...
VT. RULES IN SAME-SEX CUSTODY:
Dec 6 2004 // A Vermont Family Court judge has ruled that both members of a same-sex civil union are the legal parents of a child. Judge William Cohen’s decision is the latest twist in a nationally watched custody dispute that has...
Maine, N.H., Vt. Rules May Spur Attorney Competition
Dec 3 2004 // For Conn. Agents, Concern Over Privacy in Disclosure The ongoing investigation of brokerage commissions and alleged bid-rigging that started in New York is being felt everywhere, nowhere more so than neighboring...
Hilb Rogal & Hobbs Completes Acquisition of Vt.-based Smith, Bell & Thompson
Dec 2 2004 // Hilb Rogal & Hobbs Company announced the completion of the previously announced acquisition of the stock of Smith, Bell & Thompson Inc., a Vermont-based managing general underwriter (MGU) with 2003 revenue of...
Pierce Elected PCI Chairman; Whitburn, Tierney Appointed to Vice Chair Positions
Oct 27 2004 // Harvey R. Pierce, chairman and chief executive officer of the American Family Insurance Group was elected chairman of the Property Casualty Insurers Association of America (PCI) at its annual meeting today. Pierce began...
VT. COURT SAYS TRACTOR IS NO TOY:
Oct 25 2004 // A John Deere lawn and garden tractor is made for work, not for fun. At least that’s how the Vermont Supreme Court sees it. The court ruled in a dispute between an insurance company and the driver of a lawn tractor...
VERMONT WELCOMES ITS 700TH CAPTIVE:
Oct 11 2004 // Helmerich & Payne Corporation, an energy-oriented company engaged in contract drilling, primarily in the U.S. and South America, has established Vermont’s 700th captive insurance company, according to the...
Vermont OSHA Probes Fatal Construction Accident
Oct 5 2004 // The state of Vermont said it will need about 10 days to investigate a construction accident that killed one man and sent a fellow worker to the hospital in Proctorsville. The Vermont Occupational Safety and Health...
Vermont Welcomes Its 700th Captive
Sep 28 2004 // Helmerich & Payne Corporation, an energy-oriented company engaged in contract drilling, primarily in the U.S. and South America, has established Vermont’s 700th captive insurance company, according to the...
