Vermont News

It Figures

488% The jump in profits for the third quarter reported by Harleysville Group Inc. The insurer saw its third-quarter profits climb to $24.7 million, up from $4.2 million in the year-ago period. Revenue at the insurer rose to $244.3 million, …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …

Second Fire at Historic Vermont General Store Ruled Arson

It was a heartwarming story: A 200-year-old general store suffers a fire, the owner can’t afford to rebuild it and the town’s historical society steps in to buy the building, hoping to make it the commercial and social hub of …

Former Vermont Commissioner Ledbetter Dies

A former U.S. Senate candidate who once served as Vermont’s banking and insurance commissioner has died. Stewart Ledbetter died Thursday. He was 76. Ledbetter served in the administration of Gov. Richard Snelling and won the Republican nomination to challenge U.S. …

Northeast Learns Lessons from ’08 Ice Storm

One of the huge pine trees that surrounded Sieglinde Poegel’s home of 42 years crashed through the roof and landed in her living room during the ice storm that crippled much of the Northeast last December. “It sounded like I …

Fire Strikes Historic Vermont General Store Again

When a fire destroyed the beloved, centuries-old Putney General Store 18 months ago, some people here cried. The creaky wooden building where locals arrived for coffee, hardware and gossip, and where tourists ducked in to buy maple syrup by the …

House Health Bill Boosts FTC Authority Over Health Insurers

Health care legislation headed for a vote in the House would give the Federal Trade Commission authority to look into the health insurance industry at its own initiative, Democratic officials said. The FTC, which investigates alleged anticompetitive practices, has been …

Agents’ E&O Marked By Stability, Satisfaction

As Agency Revenues Fell, At Least E&O Previums Didn’t Rise Independent insurance agents have had plenty to fret about the past year, including falling revenues. Thus stability in the market and pricing for their errors and omissions (E&O) insurance meant …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Apartments Low Income Subsidized Housing Market Detail: Housing Insurance Services offers programs through two admitted …

Sheffield to Tout Regulatory Role in Georgia Insurance Commissioner Race

Attorney Maria Sheffield has become the latest candidate to enter the Republican primary to be the next insurance commissioner in Georgia. She is one of several candidates hoping to succeed current Insurance Commissioner John Oxendine, who is running for governor. …