Vermont News

Declarations

Case Dismissed “I once again apologize for my actions, and for the pain and disappointment those actions caused my family and the many people who supported me during my career in public life.” —Former New York Governor Eliot Spitzer, commenting …

States Rate Poorly on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in six states were found to be “excellent” in …

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. Employer Stop Loss Market Detail: Markel Insurance Co. provides customized stop loss solutions for sponsors …

Vermont Man Pleads Not Guilty in Crash That Sparked Fire

A passenger involved in a car accident that triggered a huge building fire in Vermont says the driver had been drinking and driving fast before the crash. Gabrielle Perez told police her boyfriend, Robert Dragon III, 18, had been drinking …

Ratings Roundup: Park, Atradius, Lackawanna, Farmers Mutual (MI & KS)

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Park Assurance Company of Burlington, VT, both with stable outlooks. “The ratings reflect Park’s strong balance sheet, excellent liquidity and conservative …

Group Rates States on Consumer Insurance Information on Web

A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …

Vermont Warns Residents of Asbestos Danger at Old Mines

The state of Vermont is warning people to stay away from an abandoned asbestos mine in Eden and Lowell because of the health threat posed by asbestos. Scientists studied health records and death certificates from towns within 10 miles of …

Crash Victim’s Widow Sues New Jersey Truck Driver

A Vermont woman whose husband died when a tractor-trailer slammed into two vehicles is suing the driver for negligence. Forty-two-year-old Kenneth A. Middlebusher, of Deptford, N.J., is charged with gross negligent operation of a motor vehicle resulting in death. He …

Ratings Recap: Am. Safety, ProAssurance, AMComp, Affirmative, WRM America

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of American Safety Insurance Group (ASI). Best also affirmed the ICR of “bbb” of ASI’s parent company, Bermuda-based American Safety Insurance …

Drugmakers’ Bid for Lawsuit Limits Heard by U.S. Supreme Court Today

The Supreme Court hears arguments Monday in a closely watched case that could limit liability claims against drugmakers if one of their medicines causes harm. The case pits drug giant Wyeth against a guitarist who lost part of an arm …