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A.M. BestTV: Vermont and DC regulators discuss RRG failures

Thu, 08/10/2017 - 10:20am -- tim

Vermont Business Magazine In this A.M.BestTV episode from the Vermont Captive Insurance Association (VCIA) Conference in Burlington, VT, two insurance industry regulators discuss their handling of risk retention group (RRG) failures, as well as what issues arise in the oversight of agency captives. The captive industry's leading annual conference is held this week at the Sheraton Hotel Burlington. Vermont is the top domestic domicile for captive insurance companies.

Vermont Law's David Mears leads top environmental law program

Thu, 08/10/2017 - 10:08am -- tim

Vermont Business Magazine Environmental leader and advocate David Mears JD/MELP ’91 will direct the nation’s top-ranked Environmental Law Center (ELC), Vermont Law School President and Dean Tom McHenry announced today. Mears, who has a long history of practicing and teaching environmental law, will begin work as the ELC director this week after a period of transition following his service as VLS vice dean for faculty. Mears succeeds ELC Director Melissa Scanlan, who will continue as director of the school’s New Economy Law Center, which she cofounded in 2015.

Megawatt-scale energy storage systems available from Northern Power

Thu, 08/10/2017 - 9:54am -- tim

Vermont Business Magazine Barre-based Northern Power Systems Corp (TSX: NPS), a global leader in distributed energy power systems, now offers a full suite of megawatt-scale energy storage solutions that incorporate various battery types and capabilities, depending on the application and end-user need. In addition to providing multiple battery options, Northern Power, backed by decades of turnkey systems experience, can integrate its own field-proven power conversion and control hardware to deliver the optimum energy storage system.

Attorney general announces nationwide data breach settlement

Wed, 08/09/2017 - 5:05pm -- tim

Vermont Business Magazine Attorney General TJ Donovan, Jr announced today that the Nationwide Mutual Insurance Company will pay the State of Vermont $200,000 as part of a $5.5 million settlement with 33 states concerning an October 2012 data breach. The breach, which was alleged to have been caused by the failure to apply a critical security patch, resulted in the loss of personal information belonging to 1.27 million consumers, including their social security numbers, driver’s license numbers, credit scoring information, and other personal data. 

Burlington Telecom first to add Internet to Lifeline customers

Wed, 08/09/2017 - 4:02pm -- tim

Vermont Business Magazine Burlington Telecom announces it has become the first Internet Service Provider in Vermont to offer high-speed, symmetrical Internet to eligible Lifeline customers. Since 1985, the Lifeline program has helped make telephone service affordable for low-income Americans. Currently, there are nine Eligible Telecommunications Carriers in the State of Vermont offering telephony services through Lifeline.

Scott Baker named dean of Stiller School of Business at Champlain College

Wed, 08/09/2017 - 3:55pm -- tim

Vermont Business Magazine Champlain College Provost and Senior Vice President for Academics Laurie Quinn has announced that Scott H Baker has been named Dean of the Stiller School of Business, after completing a national search process. Baker began in his new role on July 1. The Stiller School of Business at Champlain continues the College's 139-year-old tradition of agility and relevance by offering outstanding degree programs in Accounting, Business Administration, Finance, Game Production Management, International Business, Management and Innovation and Marketing. It is home to the David L. Cooperrider Center, the global Center of Excellence in Appreciative Inquiry and strengths-based organizational management.

Fitzgerald: Removing ‘deadbeat’ dams is a win for Vermont

Wed, 08/09/2017 - 11:03am -- tim

by Brian T Fitzgerald We’re mid-stride through the summer and many Vermonters are drawn to our waterways. Our rivers provide visitors and residents alike with a bounty of recreational opportunities: swimming, fishing and boating. But, some Vermont rivers harbor unnecessary safety risks in the form of deadbeat dams that no longer serve any useful purpose. Built to power the mills of our industrial past, many of these small dams are no longer properly maintained and some have been abandoned. Worse still, we don’t even know where they all are!

Vermont Outdoor Recreation Economic Collaborative refine goals ahead of public meetings

Wed, 08/09/2017 - 4:23am -- tim

Vermont Business Magazine The Vermont Outdoor Recreation Economic Collaborative (VOREC), a public-private committee tasked by Governor Phil Scott with economic development centered around outdoor recreation, last week gathered 60 stakeholders for a two-day policy conference at the historic Grafton Inn, Aug. 2-3, 2017.

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