Latest Vermont Headlines

All the headlines from our Vermont Topic Page, ordered by recency.

Vermont’s Legacy Insurance Management Act Signed Into Law

Feb 20 2014 // Vermont Gov. Peter Shumlin on Wednesday signed the Vermont Legacy Insurance Management Act (LIMA). The new law would allow the formation of specialized, Vermont-based companies to acquire and manage closed blocks of...

Vermont House Passes Driver-Cellphone Ban

Feb 20 2014 // The Vermont House has passed and sent to the Senate a bill banning the use of hand-held cellphones and other electronic devices while driving.The measure got preliminary approval and final House passage on Feb. 14 after...

Vermont’s New Law Seeks to Attract Runoff Businesses

Feb 18 2014 // A new law in Vermont would soon authorize the state to license and regulate specialized Vermont-based companies whose only purpose would be to assume and manage closed blocks of non-admitted commercial insurance policies...

Declarations

Feb 10 2014 // The Cost“You can talk to anyone who’s lost a friend or family member to a drunk driver and they’ll tell you about the cost.” –Pierce County Prosecutor Mark Lindquist told a Washington state Senate...

Presidential Disaster Declaration Issued for Vermont’s Snowstorms

Jan 31 2014 // President Barack Obama has issued a major disaster declaration to help Vermont recover expenses from December’s severe snowstorms.The declaration on Wednesday triggers the release of federal money to cover some of...

Vermont Gov.: 2013 Was a Terrific Year for Captive Insurance

Jan 24 2014 // Last year was a banner year as Vermont celebrated the 1000th new captive, but there were plenty of other notable accomplishments as 29 new captives were licensed, according to data released by the Vermont Captive Insurance...

Vermont Officials Warn of Flooding Potential From Ice Jam

Jan 13 2014 // Vermont officials are warning of flooding potential in Montpelier due to an ice jam on the Winooski River.The Montpelier Emergency Management Team is monitoring a significant rise in water levels of the river’s north...

Vermont Mutual Promotes Bridge to Executive Vice President

Jan 9 2014 // Montpelier, Vt.-based Vermont Mutual Insurance Group announced that Daniel C. Bridge has been promoted to executive vice president. Bridge is an industry veteran with more than 25 years in the property/casualty business,...

Vermont Gov. Asks for Independent Review of State’s Health Care Website

Jan 9 2014 // Vermont Gov. Peter Shumlin says he asking for an independent review of the flawed rollout of Vermont Health Connect, the website where people and businesses are to go to sign up for health insurance coverage. In addition...

Union Mutual of Vermont Companies Announces Promotions

Dec 27 2013 // Union Mutual of Vermont Companies announced several management changes that were approved at this month’s quarterly meeting of the board of directors. The changes are effective Jan. 1, 2014.Robert Glass has been...

Mass., Vt. Take Action Against Health Insurance Website Developer

Dec 27 2013 // Massachusetts and Vermont are withholding payments and considering legal options against the contractor that set up the states’ problem-plagued health insurance websites.Massachusetts has paid $11 million of its $69...

Vermont FEMA Office Closing 2 Years After Irene

Dec 22 2013 // Vermont’s Federal Emergency Management Agency office closed its doors last Friday, Dec. 20, after more than two years of helping the state recover from flooding caused by Tropical Storm Irene, but the agency will...

Union Mutual of Vermont Companies Names New President/CEO

Dec 18 2013 // Union Mutual of Vermont Companies announced Michael W. Nobles was elected to become the new president and chief executive officer of Union Mutual effective at the companies’ annual meeting on Feb. 26, 2014.Michael W....

Vermont Already Preparing for the Next Big Storm

Dec 18 2013 // Vermont and federal officials Monday highlighted the state’s ongoing efforts to prepare for what is expected to be increasingly severe weather, most likely floods, in the coming years as the effects of a warming...

Vermont Warns People of Health Insurance Phone Scams

Nov 15 2013 // The state of Vermont is warning people to beware of phone scams from callers claiming to be selling health insurance in order to obtain personal information.Department of Financial Regulation Commissioner Susan L. Donegan...

Insurance Company Pays $16K to Vermont Auto Customers

Oct 30 2013 // Vermont’s Department of Financial Regulation says a Wisconsin-based insurance company has paid nearly $16,000 in restitution to Vermont auto insurance customers whose damage claims were not evaluated properly. An...

Settlement Reached in Vermont Asbestos Mine Cleanup

Oct 21 2013 // A settlement has been reached with the owner of a former asbestos mine in northern Vermont to help cover the costs of some pollution controls.Vermont Asbestos Group also has agreed to pursue $3.5 million in insurance money...

Vermont to Get More Money to Stem Future Flood Damage

Oct 18 2013 // Vermont is in line to receive up to an estimated $4 million in additional funding to help reduce future flood damage, and communities have just over a month to apply for the money, which can be used for such projects as...

Vermont City Buys Insurance Amid F-35 Debate

Oct 16 2013 // Burlington, Vermont’s largest city, has purchased an insurance policy for protection against potential lawsuits in connection with its airport.While exploring the legal possibility of banning F-35 fighter jets from...

Vermont Celebrates 1,000th Licensed Captive Insurance Company

Oct 11 2013 // Vermont Gov. Peter Shumlin and other state officials announced Thursday that the state’s Department of Financial Regulation (DFR) has licensed Vermont’s 1,000th captive insurance company.Vermont's Captive...