Governor Jim Douglas has signed into law a bill making changes to Vermont’s banking and insurance laws, including provisions for streamlining and growing the state’s captive insurance industry. The bill also includes measures designed to protect consumers by enabling Vermont …
Thomas F. Motamed has stepped down as vice chairman and chief operating officer for The Chubb Corp. to become chairman and chief executive officer of CNA Financial Corp., a position he will assume as of June 8, 2009. Motamed worked …
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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Mercer Insurance Group of Pennington, NJ. The ratings apply to the following four inter-company reinsurance pool members: Mercer Insurance Company …
Governor Jim Douglas has signed into law a bill making changes to Vermont’s banking and insurance laws, including provisions for streamlining and growing the state’s captive insurance industry. The bill also includes measures designed to protect consumers by enabling Vermont …
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. Energy Risks Market Detail: MarketScout has a team dedicated to energy accounts. They have the …
Two years after a fire killed five people in Barre, a new law aimed at preventing similar tragedies is in place in Vermont. Signed by Gov. Jim Douglas, the law requires the installation of photoelectric smoke detectors in new homes …
Narragansett Bay Insurance Co. has added Drew J. Magee as director of underwriting. With 25 years of experience in the insurance industry, Magee has worked as the chief operating officer and underwriting officer of The Church Insurance Co. of Vermont …
Vermont’s top Roman Catholic clergyman has written to parishioners around the state, apologizing to the victim in a priest sex abuse case but saying the church will appeal last week’s $8.7 million verdict against the Diocese of Burlington. ‘I first …
A judge has agreed to put a lien of more than $10 million on property including the headquarters of the Roman Catholic Diocese of Burlington, Vermont, to secure damages won by the plaintiff in a suit alleging sexual abuse by …
