Vermont News

Vermont Cheers as IRS Drops Captive Insurance Tax Change

The Internal Revenue Service (IRS) has dropped plans to change the way that captive insurance companies are taxed. U.S. Senator Patrick Leahy, D-Vt., and U.S. Rep. Peter Welch, D-Vt., said that the IRS informed them it has decided to withdraw …

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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …

States Urged to Lower Drinking Age to Reduce ‘Underground’ Drinking

More than two decades after the country established a uniform drinking age of 21, a nascent movement is afoot to allow 18- to 20-year-olds to legally buy alcohol under some circumstances. Proponents say the higher age hasn’t kept young people …

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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …

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. Blanket Accident Insurance Nuts & Bolts: Francis L. Dean & Associates of Illinois is a …

It Figures

$41 Million A $41 million settlement has been reached between pharmacy benefits management firm Caremark Rx LLC and 29 states over charges that the company and two of its subsidiaries, Caremark LLC and CaremarkPCS LLC (formerly AdvancePCS), engaged in deceptive …

Vermont Supreme Court: Workers’ Comp Benefit Doesn’t Bar Damage Suit

The Vermont Supreme Court has reinstated the negligence claim of a man whose hand was crushed when an acetylene tank fell on it, saying his acceptance of workers’ compensation benefits from his employer didn’t by itself bar him from filing …

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. Corporate Directors and Officers Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC offers a …

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. Tattoo & Body Piercing Nuts & Bolts: Professional Program Insurance Brokerage has enhanced its tattoo …

Feds Say Former Willis Exec Should Forfeit $1.9M Home, Condo

A former exec at Willis Management in Vermont has been charged with embezzling more than $2.2 million from the captive insurance manager. Thirty-six-year-old Kenneth MacKay – a former senior vice president – is accused of using money from the company …