Latest Vermont Headlines
All the headlines from our Vermont Topic Page, ordered by recency.
Vermont House Advances Workers’ Comp Reforms
Feb 26 2004 // The Vermont House this week gave preliminary approval to a series of measures designed to lower workers’ compensation insurance premiums. The 101-39 vote came after critics of the bill complained that it would hurt...
Vermont Renews Ed. Contract with Experior
Feb 13 2004 // Experior Assessments, LLC announced that the Vermont Department of Banking, Insurance, Securities and Health Care Administration has re-awarded Experior(R) a two-year contract for the administration of Vermont’s...
Vermont Looks to Heal Injured Workers’ Comp System
Feb 9 2004 // Workers’ compensation is the fast food of the insurance industry. Nobody notices it very much until there’s a case of indigestion, despite the important role it plays in the economy. As costs continue to...
VT. POLICY TRANSFER DEAL KILLED:
Feb 9 2004 // A plan to transfer 4,100 health insurance policies from Mutual of Omaha to Blue Cross/Blue Shield of Vermont fell apart over questions of creating a subsidiary for the deal. Mutual of Omaha, which is getting out of...
VT. SETS RECORD FOR NEW CAPTIVES:
Feb 9 2004 // Howard Dean may be grabbing the headlines, but Vermont’s captive insurance division is also doing quite well. It licensed an all-time record of 77 new captives in 2003, eclipsing last year’s record of 70 and...
PCI Reports on Positive Components of Vermont Workers’ Comp Bill
Feb 6 2004 // A bill aimed at reportedly making badly needed changes to the workers’ compensation laws in Vermont has some very positive components, according to the Property Casualty Insurers Association of America...
Vermont Commissioner Lists “Top 10” Investment Fraud Schemes
Jan 21 2004 // Vermont’s Department of Banking, Insurance, Securities and Health Care Administration (BISHCA) Commissioner John Crowley issued a bulletin aimed at helping investors cope with the “increasingly complex and...
VCIA to Hold Captive Seminar in San Antonio
Oct 9 2003 // The Vermont Captive Insurance Association (VCIA) will hold an informative seminar on the benefits of captive insurance in San Antonio, Texas on Oct. 15, 2003 at the Westin La Cantera Resort. The seminar, entitled...
Alternative Markets Reach New Levels
Sep 8 2003 // “Client, insure thyself!” Well it hasn’t quite reached that point yet, but the hard market has caused insurance buyers to commence an unprecedented search for affordable risk management solutions. Pushed...
NAII Notes Vt. Legislative Session “Ends Quietly for Insurers”
Jun 17 2003 // The National Association of Independent Insurers noted that the 2003 Vermont legislative session wrapped up with little impact on the property/casualty insurance industry. The bulletin indicated that the legislative...
AIA Lauds VT Legislature for Actions on Child Safety, Rejection of UIM Expansion
Jun 6 2003 // The American Insurance Association praised Vermont’s Legislature as it ended its current session for enacting an AIA-supported bill (S.25) to improve the safety of children in motor vehicles, and for its rejection of...
Alliance Hails Enactment of VT Electronic Commerce Bill
Jun 2 2003 // The Alliance of American Insurers hailed Vermont Governor Jim Douglas’ (R) for signing into law HB 148, a version of the Uniform Electronic Transactions Act (UETA), which supports use of electronic records and...
Alliance Urges Passage of VT Electronic Commerce Bill
May 23 2003 // The Alliance of American Insurers has released a bulletin urging Vermont Governor Jim Douglas (R) to sign into law a bill, passed by the State’s legislature, that will “greatly enhance insurers’ and...
NAII Expresses Concerns about Vt. UIM Bills
May 9 2003 // The National Association of Independent Insurers has issued a bulletin stating that two Vermont bills that include provisions dealing with underinsured motorist coverage (UIM) “would be detrimental to auto insurers...
PIANY meets with NYSID on Captive Bill
Apr 29 2003 // David Isenberg, the President of the Professional Insurance Agents of New York and President-elect T.J. Derella recently met with the New York State Insurance Department’s Senior Deputy Superintendent Peter Molinaro...
NAII Fears Vermont Uninsured Auto Bill Could Raise Rates for All Drivers
Apr 8 2003 // The National Association of Independent Insurers fears that a bill dealing with uninsured motorist coverage, passed by the Vermont Senate, could drive auto insurance prices higher in an already hard market. “Because...
Vermont Receives NAIC’s URTT Award
Mar 11 2003 // The National Association of Insurance Commissioners recognized the State of Vermont for successfully implementing all 12 technology-based initiatives in the Uniform Regulation Through Technology (URTT) program. The award...
NAII Hails Vermont Supreme Court Decision in Two UIM Cases
Feb 5 2003 // The National Association of Independent Insurers has endorsed two recent decisions by the Vermont Supreme Court that settled two insurance-related cases dealing with underinsured motorist (UIM) coverage, by ruling that...
Risk Retention Groups Owning Up to Success
Jan 27 2003 // Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps...
AIA Names Northeast VP, Lauds New Vt. Commissioner
Dec 17 2002 // AIA Names Northeast VP, Lauds New Vt. Commissioner The American Insurance Association (AIA) announced the appointment of a new assistant vice president, northeast region and welcomed the commissioner-designate of the the...
