Vermont News

Insurers Urge Veto of N.Y. Credit Freeze Legislation

New York lawmakers have passed legislation designed to protect consumers against identity theft but insurers are urging Gov. George Pataki to veto the measure because its credit freeze provision does not exclude insurers. The legislation promises to give consumers a …

Study: 18 Million Americans May Be Unfit for Roads

Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …

Driver, Citing Harm from Publicity, Sues Families of Vt. Crash Victims

The driver in a fatal accident in Westmore two years ago has sued the families of the two victims of the crash. Charles Meyer and his mother Julie Jensen, who had a summer home in the area, said they have …

Maine’s Cleaves Named FEMA Director for New England

Maine Emergency Management Agency Director Arthur Cleaves is leaving his state post become New England director of the Federal Emergency Management Agency. Gov. John Baldacci announced Cleaves’ departure last Friday. Word of Cleaves’ move had circulated during the week as …

States Promise Quicker Insurance Product Approvals Under New System

State regulators have reached a milestone in their efforts to streamline product regulation, with a centralized approval system for certain life and financial products on the verge of becoming reality. After three years of lobbying, the required number of states …

Maryland gets new med mal writer

Maryland physicians have a new option for their medical malpractice insurance: Maryland Healthcare Providers Insurance Exchange (MDHPIX). The insurance company is being formed by a team of insurance, health care and legal professionals who started similar companies in Pennsylvania, Florida …

Vermont Diocese Sues Insurer to Recover Abuse Settlement Monies

Vermont’s Roman Catholic Diocese in Burlington has been searching for insurance documents dating back three decades, in hopes of showing it should recover the $965,000 it recently paid to settle a complaint about sexual abuse by a priest. “There’s no …

Vermont Governor Vetoes Seed Manufacturers’ Liability Measure

Vermont Gov. James Douglas has vetoed a bill that would have made seed manufacturers liable for damages caused by genetically engineered seeds that drift into the fields of farms that do not want to use them. Douglas said the measure …

Texas Best, Vermont Worst Tort Climate for Jobs, Capital Investment, Claims New Study

In the competition for jobs and capital investment among the states, those states that suffer from high tort costs will continue to lose jobs and businesses to states with superior tort systems, according to a new report by the Pacific …

State-Exempt Small Group Health Measure Falters In Senate

A bill to give small businesses a cheaper option when providing health insurance stalled in the U.S. Senate last week. Under the proposal endorsed by President Bush, businesses could buy insurance through regional or national trade associations. The insurance would …