Vermont News

Prime Offers Special Events and Liquor Liability Packages

Nuts and Bolts: Prime Insurance Syndicate (Prime) announced two new insurance coverage packages—a Special Events Liability package and a Liquor Liability package—both of which are tailored to the specific market needs of promoters of recreational, competitive and other events, and …

People and Places

Sidney Ferenc Sidney R. Ferenc and Steven M. Menzies were recently elected to new management positions by the board of directors of Applied Underwriters, headquartered in San Francisco. Ferenc assumes the position of chairman of the board, while continuing in …

Banknorth to Buy Drake, Swan & Crocker in Mass.

Portland, Me.-based Banknorth Group has signed a letter of intent to acquire Drake, Swan & Crocker Insurance Agency, Inc. of Orleans, Mass. The company expects to finalize the acquisition by July 1. Drake, Swan & Crocker (DS&C) serves more than …

Special Events & Liquor Liability

Nuts and Bolts: Prime Insurance Syndicate announced two new insurance coverage packages—one for special events and the other for liquor liability—that are tailored to the specific market needs of promoters of recreational, competitive and other events, and owners of restaurants, …

Prime Offers Special Events and Liquor Liability Packages

Nuts and Bolts: Prime Insurance Syndicate (Prime) announced two new insurance coverage packages—a special events liability package and a liquor liability package—both of which are tailored to the specific market needs of promoters of recreational, competitive and other events, and …

Veto of Vt. UIM Bill Upheld

Vermont House members, gathered for a brief reunion a bit less than a month after they thought they had finished for the year, voted to sustain Gov. James Douglas’ veto of a bill relating to car insurance and went home. …

Banknorth Establishes Captive for Roofers

Banknorth Insurance Group of Portland, Me., said it will provide a captive insurance program to RoofConnect, a national, non-profit professional roofing trade organization made up of more than 50 independent, commercial roofing companies throughout the U.S. The captive insurance program …

Vt. Lawmakers to Respond to Uninsured Bill Veto

Vermont lawmakers will return to the capital next week to respond to Gov. James Douglas’ veto of a bill that backers said would fill a gap in car insurance coverage. House Clerk Donald Milne said that he had sent a …

Vermont Governor Vetoes Underinsured Motorist Bill

Vermont Gov. James Douglas’ (R) veto of a bill (H. 780) that would have expanded underinsured (UIM) motorist coverage will save Vermont drivers from higher auto insurance costs. According to the American Insurance Association (AIA, the bill would have reversed …

VERMONT DRUNK BOATERS:

Two Vermont state senators want to make penalties for boating while intoxicated similar to those imposed for driving while intoxicated. Sens. John Campbell (D-Windsor), and Vincent Illuzzi (R-Essex-Olreans), said a proposal would probably be ready for the legislature when it …