The Office of the State Auditor found significant shortcomings with how the Vermont Department of Health reviews complaints related to food and lodging establishments, according to a recent report. The report is the first audit of four planned for the …
Category: Insurance Journal
People Moves: Vermont Captive Insurance Commissioner Bigglestone to Retire
Sandy Bigglestone, deputy commissioner of the captive insurance division the Vermont Department of Financial Regulation (DFR), is retiring from her position as of Jan. 1, 2026. Bigglestone’s career in state government began in 1997. As deputy commissioner, she led the …
CME Data Center Bolsters Backup Cooling After 10-Hour Outage
The data center that supports CME Group Inc., one of the world’s largest derivatives exchanges, said it has bolstered its backup cooling capacity after overheating sparked a catastrophic 10-hour outage that roiled world markets on Friday. CyrusOne — which owns …
Texas Adds ID Restrictions on Vehicle Registrations, Renewals
The Texas Department of Motor Vehicles is implementing more stringent photo identification requirements for all vehicle registrations and renewals in an abrupt shift that could shut out undocumented residents from legally owning vehicles. Current photo identification, such as a state …
Does Private Equity Create True Value?
A study published by Pitchbook (10/4/2025), a trade publication and data source for private equity, showed that private equity buyouts improve portfolio outcomes by 0.64% in annualized excess returns for the last 25 years. However, once the returns were adjusted …
Industry Trends to Exploit for 2026: Part One
Agency owners must stay informed about significant new trends in the insurance industry. The following is part one of a two-part article highlighting seven industry trends insurance agencies should track for 2026. 2025 M&A Activity & Pricing The field of …
People
National Carbon, headquartered in London, appointed Jeff Bright as underwriting director in its expansion into the U.S. market. Bright has over 30 years of experience in the Lloyd’s Property DUA market, where he’s developed and managed extensive U.S. property portfolios …
70% of Drivers Say They’ve Felt Unfairly Judged by Auto Insurers: Arity Report
A new survey reveals consumer frustration with auto insurance pricing models and growing support for more transparency in how policies are priced and for telematics. The new research from mobility data and analytics company Arity suggests that drivers who feel …
Every Superman Has His Kryptonite: How to Protect Key Executives with Specialized Coverage
The success of any great company often traces back to the grit and determination of the person leading the charge. The corporate world can be a rock fight, and the one calling the plays must have an almost Superman-like belief …
Growth Momentum Continues for Program Business: TMPAA
Program business is growing at a rate that outpaces the broader commercial insurance market. Between 2010 and 2020, the program business sector grew from $17.5 billion in commercial insurance revenue to $53.8 billion. In 2024, premium volume climbed to $110.8 …





