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MEMIC named best workers’ compensation company in America

Wed, 02/07/2018 - 10:36am -- Denise Sortor

The MEMIC Group has been ranked the top workers' compensation company in the US by ACORD, the global standards-setting body for the insurance industry. In a first of its kind study of the $48 billion US workers' compensation insurance market, Maine-based MEMIC came out on top based on strong financial performance as well as measurable, superior capabilities in customer experience, employee satisfaction, and brand reputation.

Copley Equity Partners invests in North Star Leasing

Wed, 02/07/2018 - 10:32am -- tim

Vermont Business Magazine Copley Equity Partners, a private investment firm and single-family office, has announced that it has completed a majority investment in North Star Leasing, a provider of equipment financing solutions for businesses in a variety of industries. Daniel Feeney, North Star Leasing’s CEO and President, will continue to lead the Company. Financial terms of the transaction were not disclosed.

Winter parking ban in effect Wednesday night, but free garage parking

Wed, 02/07/2018 - 10:23am -- tim

City of Burlington A winter PARKING BAN will go into effect tonight at 10pm to help city crews maintain the safest possible road conditions. The ban will be in effect from 10PM until 7AM throughout Burlington, except the downtown zone (midnight-6AM). Free parking is available in the city-owned Marketplace Garage (47 S. Winooski: entrances on Cherry St & Bank St), College St Garage (60 College St: entrances on College St and Battery St) and Lakeview Garage (41 Cherry St: entrance on Cherry St) starting at 10pm tonight.

House passes 'parentage' bill

Tue, 02/06/2018 - 4:35pm -- tim

Vermont Business Magazine The Vermont House today gave approval to H.562, a bill pertaining to parentage. In 2017, the Legislature created a study committee in response to the Vermont Supreme Court’s request to provide legislative recommendations to modernize Vermont’s parentage laws to recognize the changing nature of Vermont families. H.562 is the result of the Parentage Study Committee’s work.  

Scott, Gobeille, Levine testify before Congress on opioid epidemic

Tue, 02/06/2018 - 4:33pm -- tim

Vermont Business Magazine Governor Phil Scott today delivered testimony before the US House Ways & Means Subcommittee on Health. Joined by his Secretary of Human Services Al Gobeille, Commissioner of Health Dr. Mark Levine and Director of the Blueprint for Health Beth Tanzman, Gov. Scott outlined Vermont’s successes and continued challenges in responding to the opioid epidemic.

False tsunami warning reported by multiple weather media outlets

Tue, 02/06/2018 - 3:29pm -- tim

Vermont Business Magazine This morning AccuWeather passed on a National Weather Service Tsunami Warning that was intended by the NWS to be a test but was miscoded by the NWS as a real warning. AccuWeather stated that it has the most sophisticated system for passing on NWS tsunami warnings based on a complete computer scan of the codes used by the NWS. While the words "TEST" were in the header, the actual codes read by computers used coding for real warning, indicating it was a real warning. The warning even appeared on some cell phones in New England. A Tsunami is a seismic sea wave, typically caused by an underwater earthquake or volcanic eruption.

Torti: The antidote to our shrinking workforce is affordable, quality child care

Tue, 02/06/2018 - 11:59am -- tim

by Tom Torti, President of the Lake Champlain Regional Chamber of Commerce It was heartening to hear Governor Scott announce a new program to attract young people to live and work in Vermont during his January 23 budget address. Employers and business leaders across the state will tell you that strengthening Vermont’s economy depends upon reversing current demographic trends of an aging population and rapidly shrinking workforce. We must ensure that young families are able to afford living and working in our state.