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National Life newest VBSR champion

Sat, 10/21/2017 - 9:37am -- tim

Vermont Business Magazine The Board of Directors for Vermont Businesses for Social Responsibility (VBSR) is happy to announce that National Life has become VBSR’s newest Champion Member. “Do good, be good and make good. Those are values that National Life aspires to, and they resonate with VBSR and our members,” said VBSR executive director Jane Campbell.

Co-operative Insurance Companies donates $10,000 to American Red Cross

Sat, 10/21/2017 - 8:40am -- tim

Vermont Business Magazine Co-operative Insurance Companies is giving back to those affected by recent hurricane devastation with a donation of $10,000 to American Red Cross. Co-operative Insurance is a huge supporter of American Red Cross.  Along with this donation, the company hosted their second blood drive of 2017 on October 16th.  

Governor Scott launches ThinkVermont to grow economy

Fri, 10/20/2017 - 2:18pm -- tim

by Katie Kittell Vermont Busieness Magazine In a press conference Friday at Tech Jam in Essex Jct, Governor Phil Scott announced the launch of ThinkVermont.com, a new website that will connect existing and prospective Vermont businesses and workers to the resources and information they need to expand in or relocate to Vermont. ThinkVermont is an economic development and marketing tool, created by the Agency of Commerce and Community Development (ACCD) to help retain and attract businesses and workers to the state. The website is one component of the Administration’s and Agency’s goal to grow Vermont’s economy by improving the symmetry of information and resources between the public and private sectors.

Weekly unemployment claims edge up again after long fall

Fri, 10/20/2017 - 1:46pm -- tim

Vermont Business Magazine Weekly unemployment claims increased last week to over 400 for the first time in many weeks. Claims had been falling steadily since early July. Claims also are lower than they were the same time last year, which has been the case for most weeks in 2017. For the week of October 14, 2017, there were 407 claims, 71 more than than they were last week and 164 fewer than they were a year ago.

Co-operative Insurance implements Guidewire solution

Fri, 10/20/2017 - 1:17pm -- tim

Vermont Business Magazine Co-operative Insurance Companies (Co-op), a provider of Property and Casualty (P&C) insurance in Vermont and New Hampshire, and Guidewire Software, Inc (NYSE: GWRE), a provider of software products to P&C insurers, today announced that Co-op has successfully implemented Guidewire InsuranceNow to its Business Owners Policy (BOP) line of business in Vermont and New Hampshire.

Vermont unemployment rate falls again, now 2.9 percent

Fri, 10/20/2017 - 10:50am -- tim

by Timothy McQuiston Vermont Business Magazine The September unemployment rate improved over August as have the major indicators. The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for September was 2.9 percent. This reflects a decline of one-tenth of one percentage point from the revised August rate (3.0 percent). The number of employed increased, the number of unemployed decreased and the Labor Force, which has been an ongoing weakness in the state economy the last few years, also increased. The year-to-year numbers were not quite as strong, as the Labor Force lost ground as the other data points improved.

Donovan supports transgender rights in military

Fri, 10/20/2017 - 2:24am -- tim

Vermont Business Magazine Attorney General TJ Donovan joined a coalition of 15 attorneys general in filing an amicus brief opposing the Trump Administration’s plans to ban open military service by transgender individuals. The amicus brief, filed with the U.S. District Court for the District of Columbia, argues that banning transgender individuals serving in the military is unconstitutional, against the interest of national defense, and harmful to the transgender community at large. The case, Doe v.

Waterline construction in Bennington begins

Thu, 10/19/2017 - 6:05pm -- tim

Vermont Business Magazine Municipal waterline construction has begun in the Town of Bennington and the Village of North Bennington. Water service will be extended to properties with on-site wells contaminated or threatened by perfluooctanoic acid (PFOA) in the area where the State of Vermont and Saint-Gobain have settled Saint-Gobain’s liability. Saint-Gobain is also continuing an investigation of the affected properties east of Route 7 with oversight from the Agency of Natural Resources.

Vermont AG defends ObamaCare

Thu, 10/19/2017 - 5:23pm -- tim

Vermont Business Magazine Vermont Attorney General TJ Donovan filed a motion with 19 attorneys general that compels the Federal Government to pay cost-sharing subsidy payments required by the Affordable Care Act. Millions of Americans rely on these subsidies to lower the out-of-pocket costs in their insurance plans. Last week, the Trump Administration decided to end the October subsidy payments.

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