Vermont News

Vermont Official Says Sprinkler System Saved Historic Complex

A sprinkler system is being credited with extinguishing an arson fire in the basement of the historic, downtown Gates-Briggs Building in dowtown White River Junction, Vermont. The building is home to dozens of businesses and offices, including the Windsor County …

Captive Insurance Industry Fears IRS Rule Change on Reserves

Captive insurance industry insiders say proposed changes to Internal Revenue Service rules could hurt the industry that in Vermont alone supports 1,400 high-paying jobs. The IRS rules would end the deductible status of “reserves” kept by captive insurance companies — …

N.J. Lawmaker Poised to Advance Health Insurance Mandate Plan

A state senator says he will soon announce plans to require all New Jerseyans to carry medical insurance, but the governor warned that the plan could cost more than $1 billion. “We are going to announce just after the new …

Do Medical Malpractice Screening Panels Lower Costs or Save Time?

A two-year-old New Hampshire law that was supposed to speed up the processing of medical malpractice lawsuits has slowed things down instead. The law created special screening panels designed to encourage people to settle or drop their suits. But in …

Vermont Landlord, Painters Faulted for Lead Paint

Vermont Attorney General William Sorrell said this week that a Newport couple who own rental properties will spend $150,000 to mitigate lead paint problems in their properties and make an additional $15,000 in payments to housing programs and the state. …

Business Moves

The Hanover, Professionals Direct The Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies specialize in lawyers professional liability insurance. “Lawyers professional liability insurance is a natural …

Editor’s Note: Sparking fire safety

Jackson Holland was smoking a cigarette around 4 p.m. one weekend day outside his Mount Ivy, New York home when he dozed off, police said. While asleep, the 74-year-old man dropped his cigarette, which ignited the padding in his chair …

Business Moves

The Hanover, Professionals Direct The Hanover Insurance Group, Inc. reports it has completed the previously announced acquisition of Professionals Direct, Inc. for $23.2 million. Professionals Direct’s companies specialize in lawyers professional liability insurance. “Lawyers professional liability insurance is a natural …

People

Louisiana Workers’ Compensation Corporation (LWCC) promoted Jamie Bourg to claims manager for the company’s large accounts team. Bourg will manage and direct the claims department, including claims handling and investigation, and return-to-work for injured employees. She was previously a claims …

Sparking fire safety

Jackson Holland was smoking a cigarette around 4 p.m. one weekend day outside his Mount Ivy, New York home when he dozed off, police said. While asleep, the 74-year-old man dropped his cigarette, which ignited the padding in his chair …