For more than 30 years, Leonard Crouse has been credited as a key figure in advancing the captive insurance industry. Now Crouse, the deputy commissioner for captive insurance for Vermont, has been honored for his efforts with the 2007 Distinguished …
AXIS Capital, Media/Pro AXIS Capital, a global specialty commercial property and casualty insurer and reinsurer, has agreed to acquire the assets and operations of Media/Professional Insurance (Media/Pro), a managing general underwriter specializing in professional liability lines of business, from Aon …
Workers’ compensation insurance is costing less for most Vermont employers since new rates became effective April 1. The Vermont Department of Banking, Insurance, Securities and Health Care Administration approved loss cost and rate reductions that affect rates charged by private …
A federal jury in Burlington, Vemont ordered chemical giant DuPont to pay a Colchester company $2.3 million to settle a dispute about a coating made to line steel ducts used in the semiconductor industry. Fab-Tech Inc., of Colchester, maintained that …
A mandatory seatbelt law could do more than save drivers’ lives. It could save them money. When House lawmakers recently passed a seatbelt bill, supporters emphasized that buckling up would save lives. But the issue also has financial ramifications, and …
Following the Washington Senate’s passing of an Insurance Fair Conduct Act, the Property Casualty Insurers Association of America (PCI) has issued a statement voicing its concern that the bill will lead trial attorneys to seek more litigation that could lead …
More Garden State employers dropped health insurance coverage for workers last year amid skyrocketing costs that were nearly double what they were five years before, according to a major business association’s survey of its members. The information was likely to …
Vermont’s Catholic Diocese has met most of the standards set by the U.S. Conference of Catholic Bishops to prevent sexual abuse by priests, but came up short in training volunteers, an audit has found. Vermont and the Cincinnati diocese were …
For over 30 years Leonard Crouse has been credited as a key figure in advancing the captive insurance industry. Crouse, the deputy commissioner for captive insurance for the State of Vermont, has been honored for his efforts with the 2007 …
Tower Group, Inc. reported that it has completed the acquisition of Preserver Group, Inc., a New Jersey based property and casualty insurer. This transaction was previously announced on Nov. 14, 2006. Preserver Group, Inc. produced $86 million in direct premiums …
