Vermont News

Supreme Court to Review $6.8M Vt. Verdict Against Drug Maker

A drug manufacturer won Supreme Court review last week of a $6.8 million verdict in the case of a woman whose arm had to be amputated after she was injected with one of its medications. A jury in Vermont awarded …

Markel American to Sell Collector Car Coverage

Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products. The program provides coverage for a variety of collector vehicles including antique autos and …

Vermont Captive Insurance Leader Crouse to Retire

Leonard Crouse, Vermont deputy commissioner of Captive Insurance and a fixture in the state’s captive insurance industry for 18 years, has announced his plans to retire effective June 1. For more than 30 years Crouse has been a nationally recognized …

Ratings Recap: Harleysville, TIG Specialty, Co-Operative, Crusader, Pacific Star

A.M. Best Co. has revised the outlook to positive from stable on all ratings of the Harleysville Mutual Insurance Company and its subsidiaries, including the publicly-traded holding company, Harleysville Group Inc. (HGIC). Best also affirmed the financial strength rating (FSR) …

Vermont Rethinks Law Curbing Drug Firms’ Use of Prescription Data

A new Vermont law restricting the drug industry’s use of data on doctors’ drug prescribing habits is facing a federal lawsuit and a new round of scrutiny. The law, which was amended in the waning days of last year’s legislative …

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. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …

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. Oil and Gas Well Drilling Contractors

N.H. Man Took Insurance Monies for Items He Never Replaced

A 60-year-old New Hampshire man has been convicted of insurance fraud for taking money to replace items destroyed in a fire when he never replaced them, according to state officials. Attorney General Kelly Ayotte said Wellington Potter of Jefferson was …

Safeco Names Northeast Regional Exec, Sales and Marketing VP

Safeco announced that Paul Chmura has joined the company as Northeast regional executive. Chmura comes to Safeco from The Hanover Insurance Group, where he served as the regional vice president of sales and distribution for the Northeast region since 2004. …

Judge Rules Vt. Statute of Limitations Not a Defense for Diocese

A Superior Court judge has overturned a jury ruling that Vermont’s Roman Catholic Diocese isn’t liable for a pedophile priest because a victim’s lawsuit was filed after the statute of limitations had expired. The ruling by Judge Matthew Katz could …