Vermont News

Tougher Laws Key in Fight Against Insurance Fraud

Lack of money is another big roadblock to fraud fighting today. Many state fraud bureaus are being forced to pinch pennies. How do you convince overworked state prosecutors to chase down often stale-sounding insurance swindles when their case files already …

Tougher Laws Key to Fight Against Insurance Fraud

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 laws are great motivators: State prosecutors can convict con …

Tougher Laws Key to Fight Against Insurance Fraud

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 laws are great motivators: State prosecutors can convict con …

Prime Gets Go-Ahead to Write Surplus Lines in Vermont

The Prime Insurance Syndicate Inc. has received approval to write surplus lines insurance business in Vermont through the INEX Insurance Exchange effective as of April 7, 2005. Prime, which offers solutions for hard-to-place risks, will offer surplus lines coverage in …

Vt. Doctors Call for Med-Mal Action

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 malpractice insurance rates in Vermont have been increasingly …

NCCI Payroll Correction to Lower Vt. Workers’ Comp Rates for Some

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 National Council on Compensation Insurance, …

CIVIL UNIONS ADOPTED:

Connecticut Gov. M. Jodi Rell signed landmark legislation that makes Connecticut the first state to recognize same-sex civil unions without court pressure. It joins Vermont and Massachusetts as the only states with laws that provide far-reaching benefits to same-sex couples. …

Conn. Vows Renewed Focus on Insurance Job Development

Vowing to boost the state’s status as Insurance Capital of the World, Connecticut Gov. M. Jodi Rell is creating a special office within her Department of Economic and Community Development dedicated to retaining, creating and attracting insurance and financial services …

Conn. Civil Union Bill Signed into Law

Connecticut Gov. M. Jodi Rell signed landmark legislation this week that makes Connecticut the first state to recognize same-sex civil unions without court pressure. It joins Vermont and Massachusetts as the only states with laws that provide far-reaching benefits to …

Coalition for Asbestos Reform Opposes FAIR Act

The Coalition for Asbestos Reform, a coalition of manufacturing, construction, energy and insurance companies, said it strongly opposes S. 852, the Fairness in Asbestos Injury Resolution (FAIR) Act introduced this week by Senators Arlen Specter (R-Pa.) and Patrick Leahy (D-Vt.). …