Vermont News

First Beacon Assigned ‘B++’

A “B++” FSR was assigned to First Beacon Insurance Company, Burlington, Vt., by A.M. Best. Cited as major rating factors...

BEST REPORTS CAPTIVE INCREASE

A.M. Best’s newly published Captive Directory reports that 245 new captive insurance companies were formed in 2000, while 170 were...

Vermont Considers Self-Audit Bill

A bill designed to protect information gleaned from the internal audit process of insurance companies was recently introduced in the...

Nonprofits Form RRG in Vermont

Charitable nonprofit organizations will soon have access to a new risk retention group called Alliance of Nonprofits for Insurance Risk...