Vermont News

People and Places

Thomas Bradley Schaumburg, Ill.-based commercial lines insurer Zurich North America announced that Thomas Bradley will become chief operating officer of finance and administration and chief financial officer of its North American commercial operations. John McCartney, the current CFO, will retire …

Community Banks

Nuts & Bolts: A new package of insurance policies from the Chubb Group of Insurance Cos. is aimed at helping community banks minimize coverage gaps through an integrated mix of six coverages tailored to each customer’s needs. Chubb’s ForeFront Portfolio …

Reports Find Wide Range of Auto Rates Across U.S.

Two recently released studies on trends in automobile insurance rates show a wide variation in the costs for coverage across the nation. At first glance, they also seem to show a big discrepancy in their findings. It turns out, however, …

CEO of United Educators Named Woman of the Year

The Association of Professional Insurance Women, Inc. (APIW) in New York announced that Janice Abraham has been selected as this year’s recipient of the APIW Insurance Woman of the Year Award. Abraham is president and chief executive officer of United …

Vermont Workers’ Comp Changes Reduce Savings

A Vermont state Senate panel is putting the final touches on a bill designed to lower workers’ compensation insurance costs, as business lobbyists complained the measure would raise them instead. The Senate Committee on Economic Development, Housing and General Affairs …

VERMONT RAISES COMP RATES:

Vermont Commissioner John P. Crowley has approved workers’ compensation insurance rate increases of 10.3 percent in loss costs for the voluntary market and an increase of 14.2 percent in the rates for the assigned risk market, effective April 1, 2004. …

Business Owners Package Program

Nuts & Bolts: Lemac General Agency Division in Orange, Calif. added a new BOP facility to complement its existing package facilities. The program features property, general liability, umbrella, EPLI and professional liability. There are 800 eligible classes for offices, retail, …

Business Owners Package Program

Nuts & Bolts: Lemac General Agency Division in Orange, Calif., added a new BOP facility to complement its existing package facilities. The program features property, general liability, umbrella, EPLI and professional liability. There are 800 eligible classes for offices, retail, …

People and Places

Grace Marrano The Protector Group Insurance Agency of Worcester, Mass., has three new additions to its management staff. Grace H. Marrano is the new employee benefits manager. She is responsible for managing employee benefits account managers, as well as policies …

MarketScout Adds SRS to ‘Best of Class’ List

MarketScout, based in Dallas, announced it has selected Strategic Risk Solutions (SRS) as a “Best of Class” provider in the captive insurance market. According to MarketScout, SRS is the leading provider dedicated to captives and alternative risk transfer solutions. SRS …