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National Life Group marks 165th anniversary

Wed, 11/13/2013 - 7:09am -- tim

In its 165 years, National Life Group has insured everyone from celebrities to working people, including passengers on the Titanic and the Hindenburg and victims of the great influenza epidemic of 1918-19.
Since the National Life Insurance Company was chartered by the Vermont Legislature on Nov. 13, 1848, the company has been involved in the great events of the day.

Senior Leahy staffer leaves to join lobbying firm

Wed, 11/13/2013 - 1:58am -- tim

by Alicia Freese Senator Patrick Leahy, D-Vermont, is losing one of his senior staff members to a lobbying outfit and law firm. Leahy, who chairs the Judiciary Committee, relied on Aaron Cooper as his chief counsel for intellectual property and antitrust law for the committee.
Cooper’s career move marks a full rotation through the revolving door ‘ he worked at the firm that just hired him ‘ Covington & Burling ‘ before coming to Capitol Hill in 2005, according to Politico, which first reported the news Tuesday.

Mount Snow opening for the 2013/2014 winter season on Friday, November 15

Wed, 11/13/2013 - 12:54am -- tim

Thanks to a recent cold snap that brought a stretch of ideal snowmaking conditions to Vermont, Mount Snow will open for skiing and riding on Friday, November 15 with top-to-bottom terrain on two different mountain faces, including a terrain park with full-size features at Carinthia.’  The resort traditionally opens closer to the Thanksgiving holiday timeframe, but the largest arsenal of high output snowmaking fan guns in North America coupled with temperatures consistently in the teens over a three day stretch made this early opening possible.

New American Airlines will continue service from Burlington to DC after US Airways merger

Tue, 11/12/2013 - 12:23pm -- tim

In response to an inquiry from Vermont Business Magazine, Andrew J Christie Jr, US Airways Associate Manager Media Relations, sent the following statement Tuesday evening via email. US Airways operates a popular nonstop from Burlington (BTV) to Reagan National Airport (DCA) in Washington, DC. Christie indicated that the service will continue following the American-US Airways merger under the new American Airlines.

National Life board approves $83 million in dividends for 2014

Tue, 11/12/2013 - 11:10am -- tim

The Directors of National Life Group have approved an estimated payment of $83 million in dividends to eligible participating policyholders in 2014.’ 
‘This payout is evidence of our financial strength,’ said Mehran Assadi, president and chief executive officer of National Life Group.
The dividends will be paid to eligible policyholders of National Life Insurance Company.
Companies with a mutual structure are not publicly traded. They are operated for the benefit of policyholders and managed with the long-term interests of the policyholders in mind.

Vermont AG settles case for $1.6 million in ongoing effort to combat 'cramming'

Tue, 11/12/2013 - 8:08am -- tim

The Office of Vermont Attorney General William H Sorrell recently settled two lawsuits that will net 12,500 Vermonters and Vermont businesses in excess of $900,000 for payments made on their landline phone bills for third-party services that were not authorized (a practice known as ‘cramming’). The cases were against 25 sellers of voicemail, email and other services, 11 principals of the sellers, and 2 companies alleged to have facilitated the marketing or placement of the charges.

UVM, Vermont Law School to collaborate on UVM’s new accelerated MBA program

Tue, 11/12/2013 - 8:03am -- tim

Vermont Law School and the University of Vermont are collaborating to enhance opportunities for students to receive both the newly created Accelerated Sustainable Entrepreneurship MBA at UVM's School of Business Administration and a law or master's degree at Vermont Law School. This collaboration is intended to train tomorrow’s leaders in both business and law to create profitable and sustainable business opportunities and social enterprises.

Governor, Vermont Hospitals announce partnership on Vermont Health Connect

Tue, 11/12/2013 - 7:21am -- tim

Governor Peter Shumlin, the Vermont Association of Hospitals and Health Systems, and other hospitals today announced a partnership to promote outreach and expand participation in Vermont Health Connect, the new insurance marketplace. ‘ 
Under the plan, hospitals across the state have agreed to help with outreach in the following ways (it varies from hospital to hospital):
‘¢’ ‘ ‘ ‘ ‘ ‘ ‘ ‘ ‘ ‘  Train certified application counselors and navigators;
‘¢’ ‘ ‘ ‘ ‘ ‘ ‘ ‘ ‘ ‘  Provide information about VHC on their websites;

Shumlin has testy exchange with physician at Boston event over single-payer and Medicare

Tue, 11/12/2013 - 6:41am -- tim

by Alicia Freese When he stepped into the ballroom at the Seaport Boston Hotel on November 2, Governor Peter Shumlin might have expected a reprieve from the criticism he’s faced for the glitch-filled rollout of Vermont’s health care exchange.
He was, after all, addressing an audience of physicians devoted to bringing single-payer health care to the United States.

Legislative preview: House Speaker wants to bring down state spending trend

Tue, 11/12/2013 - 5:18am -- tim

by Anne Galloway The legislative session doesn’t start until January 7, but lawmakers have been streaming into the Vermont Statehouse over the last few weeks in anticipation of the second half of the biennium. At the behest of House Speaker Shap Smith, every committee will meet before the new year and on November 20, the General Assembly will hold a daylong legislative briefing for a preview of the session.