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AM Best Downgrades Vermont Mutual to ‘A’ Rating; Cites Improvements in 2024 Results
Mar 5 2025 // AM Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Ratings to “a+” (Excellent) from “aa-” (Superior) of Vermont Mutual Insurance...
People Moves: Bigglestone Named Acting Commissioner in Vermont; Protecdiv Welcomes Skowronski; DellaTorre Joins Alliant
Jan 16 2025 // Bigglestone Appointed Acting Commissioner of Vermont Department of Financial RegulationVermont Governor Phil Scott named Sandy Bigglestone as acting commissioner of the state’s Department of Financial Regulation...
Vermont Added 41 Captives in 2024
Jan 15 2025 // Vermont continues to grow its captive insurance industry. The Vermont Department of Economic Development (DED) has reported that 2024 was among Vermont’s top 10 highest years of growth since it enacted its...
People Moves: Vermont Mutual Names McDonnell CEO; Carangelo Joins DeCotis
Jan 14 2025 // Vermont Mutual, headquartered in Montpelier, Vermont, named company president Mark J. McDonnell as chief executive officer.McDonnell first joined Vermont Mutual as senior vice president in 2014. He was named executive vice...
Vermont School District Settles With US Over Racial Harassment Allegations
Jan 13 2025 // A Vermont school district’s inadequate response to serious and widespread harassment of Black and biracial students has led to a settlement agreement with the federal government, the U.S. Justice Department said...
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