The SAN Group, the network of independent insurance agencies in the Northeast, announces that Richard Vaughan has joined SAN Group as vice president for the northern New England states of Maine, New Hampshire and Vermont. Vaughan’s primary responsibility will be …
Vermont Commissioner John P. Crowley has approved workers’ compensation insurance rate increases of 10.3 % in loss costs for the voluntary market and an increase of 14.2 % in the rates for the assigned risk market, effective April 1, 2004. …
ImageRight, a technical solutions and services provider, announced that Union Mutual of Vermont, headquartered in Montpelier, Vt. will implement ImageRight’s software in their Personal Lines operations as the company’s document management and workflow solution. “ImageRight’s Insurance Focused Document Management and …
No surprise, but with the first quarter of 2004 drawing to a close, workers’ compensation remains, as it has been for many years, one of the most troubled lines of insurance in the United States. On a calendar year basis, …
Massachusetts officials, searching for ways to ease a homeowners insurance availability crisis on Cape Cod and other coastal areas, are researching how Florida dealt with its insurance difficulties 10 years ago when it set up a tax-exempt reinsurance fund after …
The company that is taking over the information services technology division at National Life Insurance Co. in Montpelier has begun telling employees who will keep their jobs and who will be let go. Of the 90 information technology workers in …
Independent agents and brokers continue to dominate commercial lines and experienced steady growth in personal lines, the Independent Insurance Agents & Brokers of America’s (IIABA) 2002 market share study. The report shows that the commercial lines market grew 19 percent …
A Vermont House bill that establishes an insurance fraud law is reportedly an important weapon in strengthening a comprehensive, nationwide fight against insurance fraud. House Bill 742 arms law enforcement personnel and insurers with enhanced tools to pursue civil remedies …
A Superior Court judge has upheld Vermont regulations governing the use of private information by insurance companies chartered to do business in the state. The regulations prohibit insurance companies from selling or sharing personal customer information unless a customer approves. …
Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship with torts, but they did …
