Vermont News

Argonaut Workers’ Comp Unit Names New Executives

Argonaut Insurance Company, a Stamford, Conn.-based unit of the Argonaut Group Inc., announced eight executive appointments as part of its growth strategy. The expanded executive team is charged with the expansion and re-establishment of the Argonaut brand as a premier …

SB&T Forms Vt. Captive

SB&T Captive Management Company of Burlington, Vt. announced the formation of a new sponsored captive insurance company, American Vista Insurance Company, licensed in that state. The new company will provide alternative risk management services for Vermont agents and brokers. According …

EU, China Plan to End Airline Insurance Next Month

The European Union plans to to end the emergency coverage it has granted to the community’s airline’s for terrorist liability by the end of October, while China’s government announced that it would extend coverage for its carriers until October 24. …

Captive Services Industry Award Goes to Argonaut’s Westover

San Antonio-based Argonaut Group Inc., a national underwriter of specialty insurance products in niche areas of the property-casualty market, announced that Kate Westover, president of the company’s captive services business unit, was awarded the 2002 Industry Service Award by the …

STATES PRAISED FOR REACHING RECIPROCITY GOAL FOR PRODUCER LICENSING

State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/ Bliley Act. The National Association of Insurance Commissioners (NAIC) approved the states’ certification during a recent interim conference call, beating …

Vt. First State to Implement Statewide Multimedia, Impaired Driver Ed Program

During the 2002-2003 school year, Vermont driver education teachers and students will be introduced to Crash Siteβ„’, a state-of-the art, interactive CD-ROM program designed to help teens understand the consequences of driving under the influence of alcohol or other drugs, …

SENATE MAY CONSIDER ASBESTOS

Following comments by Sen. Patrick Leahy (D-VT) at last week’s U.S. Senate Judiciary Committee hearing on class action reform, the Alliance of American Insurers said it was encouraged that the Senate may consider the asbestos issue when it returns from …

Insurers Praise States for Reaching Reciprocity Goal for Producer Licensing

State legislatures in more than the required 29 states recently met reciprocity requirements for producer licensing laws under the Gramm/Leach/Bliley Act. The National Association of Insurance Commissioners (NAIC) approved the states’ certification during a recent interim conference call, beating the …

AAI Encouraged Senate Judiciary Committee May Examine Asbestos Issue

Following comments by Sen. Patrick Leahy (D-VT) at last week’s U.S. Senate Judiciary Committee hearing on class action reform, the Alliance of American Insurers said it was encouraged that the Senate may consider the asbestos issue when it returns from …

Outstanding CSRs Picked for 2002

The Society of Certified Insurance Service Representatives (CISR) and the Society of Certified Insurance Counselors (CIC), both headquartered in Austin, have selected the state winners of the 2002 Outstanding CSR of the Year Award. Tammy Crider captured the honor in …