Latest Vermont Headlines

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

Alternative Markets Reach New Levels

Sep 8 2003 // “Client, insure thyself!”Well it hasn’t quite reached that point yet, but the hard market has caused insurance buyers to commence an unprecedented search for affordable risk management solutions. Pushed...

NAII Notes Vt. Legislative Session “Ends Quietly for Insurers”

Jun 17 2003 // The National Association of Independent Insurers noted that the 2003 Vermont legislative session wrapped up with little impact on the property/casualty insurance industry. The bulletin indicated that the legislative...

AIA Lauds VT Legislature for Actions on Child Safety, Rejection of UIM Expansion

Jun 6 2003 // The American Insurance Association praised Vermont’s Legislature as it ended its current session for enacting an AIA-supported bill (S.25) to improve the safety of children in motor vehicles, and for its rejection of...

Alliance Hails Enactment of VT Electronic Commerce Bill

Jun 2 2003 // The Alliance of American Insurers hailed Vermont Governor Jim Douglas’ (R) for signing into law HB 148, a version of the Uniform Electronic Transactions Act (UETA), which supports use of electronic records and...

Alliance Urges Passage of VT Electronic Commerce Bill

May 23 2003 // The Alliance of American Insurers has released a bulletin urging Vermont Governor Jim Douglas (R) to sign into law a bill, passed by the State’s legislature, that will “greatly enhance insurers’ and...

NAII Expresses Concerns about Vt. UIM Bills

May 9 2003 // The National Association of Independent Insurers has issued a bulletin stating that two Vermont bills that include provisions dealing with underinsured motorist coverage (UIM) “would be detrimental to auto insurers...

PIANY meets with NYSID on Captive Bill

Apr 29 2003 // David Isenberg, the President of the Professional Insurance Agents of New York and President-elect T.J. Derella recently met with the New York State Insurance Department’s Senior Deputy Superintendent Peter Molinaro...

NAII Fears Vermont Uninsured Auto Bill Could Raise Rates for All Drivers

Apr 8 2003 // The National Association of Independent Insurers fears that a bill dealing with uninsured motorist coverage, passed by the Vermont Senate, could drive auto insurance prices higher in an already hard market.“Because...

Vermont Receives NAIC’s URTT Award

Mar 11 2003 // The National Association of Insurance Commissioners recognized the State of Vermont for successfully implementing all 12 technology-based initiatives in the Uniform Regulation Through Technology (URTT) program.The award...

NAII Hails Vermont Supreme Court Decision in Two UIM Cases

Feb 5 2003 // The National Association of Independent Insurers has endorsed two recent decisions by the Vermont Supreme Court that settled two insurance-related cases dealing with underinsured motorist (UIM) coverage, by ruling that...

Risk Retention Groups Owning Up to Success

Jan 27 2003 // Due to the restricted coverages available in the market today, risk retention groups (RRGs) have experienced a significant amount of rapid growth over the past year. At a time when the industry is facing what is perhaps...

AIA Names Northeast VP, Lauds New Vt. Commissioner

Dec 17 2002 // AIA Names Northeast VP, Lauds New Vt. CommissionerThe American Insurance Association (AIA) announced the appointment of a new assistant vice president, northeast region and welcomed the commissioner-designate of the the...

Vermont Captive Ins. Assoc. to Host Captive Ins. Seminar

Nov 27 2002 // The Vermont Captive Insurance Association will be hosting a Captive Insurance Seminar and Reception at the Westin St. Francis in San Francisco on Dec. 5. The seminar, entitled “Understanding the Strategic Advantages...

SB&T Forms Vt. Captive

Oct 8 2002 // SB&T Captive Management Company of Burlington, Vt. announced the formation of a new sponsored captive insurance company, American Vista Insurance Company, licensed in that state. The new company will provide...

Vt. First State to Implement Statewide Multimedia, Impaired Driver Ed Program

Aug 22 2002 // During the 2002-2003 school year, Vermont driver education teachers and students will be introduced to Crash Site™, a state-of-the art, interactive CD-ROM program designed to help teens understand the consequences of...

Alliance Pleased with State Progress on Producer Licensing

Jan 22 2002 // The Alliance of American Insurers is expressing pleasure at the progress of state legislatures in acting upon the National Association of Insurance Commissioners (NAIC) model producer licensing law so early in the new...

Welcome to the 3rd Annual “Top Ten Stories of the Year”

Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...

Top 10 Stories of 2001

Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the FutureThis is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth, for...

Hardening Market Heralds Rush to Alternatives

Nov 12 2001 // During the last hard market, much of corporate America wasted little time in stepping up the search for risk transfer alternatives to traditional commercial insurance. The current hard market appears to be no different if...

Hardening Market Heralds Rush to Alternatives

Aug 20 2001 // During the last hard market, much of corporate America wasted little time in stepping up the search for risk transfer alternatives to traditional commercial insurance. The current hard market appears to be no different if...