Vermont News

Ratings Roundup: Ancon, PARIS RE (US), Allianz (US), Fireman’s Fund

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and assigned issuer credit ratings (ICR) of “aa” to the Ancon Insurance and Petroleum Casualty Group. They apply to Vermont-based Ancon Insurance Company, Inc. and its reinsured …

Vermont Judge Permits Murder Victim’s Kin to Sue for Damages

A Superior Court judge in St. Johnsbury, Vt. has ruled that relatives of a woman who died last year as part of a murder-suicide in Lyndonville can seek punitive damages from the family of the man who killed her. The …

Berkshire Insurance in Mass. Names Millet Chief Operating Officer

Berkshire Insurance Group, Inc., a Berkshire Bank company in Pittsfield, Mass., has named John S. Millet, CPA, as its chief operating officer. Millet will oversee operations, finance, information technology, and other key corporate functions as well as the development and …

Security of Vermont’s Enhanced Drivers’ License Questioned

The technology planned for an enhanced drivers’ license system that will allow Vermonters to return to the United States from Canada without a passport is insecure and a threat to privacy, according to some computer security experts and civil liberties …

My New Markets

Monthly Pay Renters Insurance Nuts & Bolts: TCBTI LLC is offering a List Bill Monthly Pay Renters Insurance Program that allows coverage for all residents of an apartment complex on a list bill, monthly pay basis. No credit score underwriting …

Business Moves

AmWINS, London American General AmWINS Group Inc., a national wholesale insurance broker based in Charlotte, N.C., reports it has acquired London American General Agency Inc. Based in San Diego, Calif., London American is a managing general agent and program underwriter …

People

Valiant Insurance Group Inc. announced that John N. DiBlanda has joined its U.S. property and casualty insurance operations as chief financial officer and chief operating officer. Prior to joining Valiant, DiBlanda served as CFO of Delos Insurance, where he was …

People

Austin, Texas-based Medicus Insurance appointed John Flanagan as its new Regional Market manager for the Midwest. Flanagan will be based in Chicago. Flanagan brings over five years of experience in the professional liability industry to his new role as business …

My New Markets

Monthly Pay Renters Insurance Nuts & Bolts: TCBTI LLC is offering a List Bill Monthly Pay Renters Insurance Program that allows coverage for all residents of an apartment complex on a list bill, monthly pay basis. No credit score underwriting …

My New Markets

Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …