Vermont News

Editor’s Note: Sparking fire safety

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

My New Markets

Workers’ Comp, Security, Investigative Agencies Nuts & Bolts: A guaranteed cost workers’ compensation program for security guard and investigative agencies is available from The Mechanic Group. Dollars: Up to $1 million. Carrier: The Hartford rated “A+” XV by A.M. Best. …

Fired-up over safer cigarettes

Cigarettes sold in 21 states will be self-extinguishing after a strikingly high 15 states passed new laws this year to combat smoking-related blazes, the No. 1 cause of home-fire deaths. “Fire-safe” cigarettes, manufactured with extra bands of paper to snuff …

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 …

Main Street Group Drives Predictive Modeling Auto into Conn., Pa.

The Main Street America Group has launched its Personal Auto MVP (multivariate program) in Connecticut and Pennsylvania. Personal Auto MVP is Main Street America’s proprietary rating program designed to provide greater pricing flexibility for personal auto policies. It features predictive …

N.H. Fire-Safe Cigarette Law In Effect

A law requiring cigarettes sold in New Hampshire be self-extinguishing kicked in Oct. 1. Self-extinguishing, or “fire-safe” cigarettes, are designed not to burn unless a smoker inhales. Supporters of fire-safe cigarettes say they will keep New Hampshire safer, since cigarettes …

Canada’s TD Banknorth to Buy N.J.’s Commerce Bank; Sell Insurance Unit

Canada’s TD Bank Financial Group reports that it will acquire the Mid-Atlantic regional bank Commerce Bancorp Inc. in a 25 percent cash and 75 percent stock deal valued at $8.5 billion. If approved, the purchase would double TD Bank’s presence …