Vermont News

My New Markets

Nursing Home Liability Nuts & Bolts: Quadrant Insurance Managers, a national management general agency, has expanded its nursing home liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); …

State Farm Announces $1.2 Billion Mutual Auto Policyholder Dividend

Declarations

Antitrust laws “Federal oversight would provide confidence that the industry is not engaging in the most egregious forms of anticompetitive conduct — price fixing, agreements not to pay, and market allocations … insurers may object to being subject to the …

Congress gets bipartisan bills to repeal insurance antitrust immunity

Sen. Patrick Leahy, D-Vt., chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders earlier this month to introduce a bipartisan bill that would strip the insurance industry of its limited antitrust exemption. Leahy introduced the Insurance Industry …

Business Moves

Royal & Sun A state hearing officer recommended Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal and Sun Alliance Insurance Group’s U.S. operations. The subject of a lengthy hearing last month, the proposed buyout awaits …

Declarations

Antitrust laws “Federal oversight would provide confidence that the industry is not engaging in the most egregious forms of anticompetitive conduct – price fixing, agreements not to pay, and market allocations … insurers may object to being subject to the …

Congress gets bipartisan bills to repeal insurance antitrust immunity

News Currents Sen. Patrick Leahy, D-Vt., chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders earlier this month to introduce a bipartisan bill that would strip the insurance industry of its limited antitrust exemption. Leahy introduced the …

Vt. Surgeon Ordered to Pay $1.1 Million

A federal court jury ordered a Brattleboro, Vt. surgeon to pay $1.1 million to a Massachusetts man who lost part of his leg after a burn on his toe became infected. The jury ruled on Monday after a five-day trial …

N.J. Civil Union Law Goes Into Effect

Hundreds of gay couples received the same legal protections as married couples early Monday when a law took effect to make New Jersey the third U.S. state to offer civil unions. The civil unions β€” which offer the legal benefits …

Senate, House Get Bipartisan Bills to Repeal Insurance Antitrust Immunity

Senator Patrick Leahy (D-Vt.), chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders this week to introduce a bipartisan bill that would strip the insurance industry of its limited antitrust exemption. Leahy introduced the Insurance Industry Competition …