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Happy Anniversary Vermont!

Happy Anniversary Vermont!

Jul 29, 2016
Beginning Tuesday, August 9, there will be a multiday celebration in honor of the 35th anniversary of Vermont’s captive insurance legislation. Since Vermont became a captive in 1981, there have been significant…
Ampersand

Two Recent Victories

Jul 01, 2016
Gary M. Burt, successfully represented Vermont Mutual Insurance Company before the New Hampshire Supreme Court in the matter of Todd v. Vermont Mutual Insurance Co., et al. Todd had been accused of stalking…
Ampersand

Did the Green Mountain Care Board Overstep its Power?

Jun 22, 2016
Gary Karnedy argued a case for client MVP Health Insurance Co. at the Vermont Supreme Court on Tuesday. MVP is suing the Green Mountain Care Board on behalf of Agriservices, a farming association for which…
Ampersand

An In-depth Look into Vermont’s New Sick Leave Law

Jun 14, 2016
Recently, Vermont became the fifth state in the nation to pass a paid sick leave law for most employees. The following Q&A article by attorney Alexandra Clauss recently appeared in Vermont Business Magazine.…
Gender Pay Gap Remains Shockingly Unchanged

Gender Pay Gap Remains Shockingly Unchanged

Jun 08, 2016
Over the past generation, it has actually become harder for women to earn as much as their male counterparts. At least, that’s the opinion of U.S. Attorney General Loretta Lynch. “In fact, there seems…
Is Your RRG Compliant?

Is Your RRG Compliant?

Jun 02, 2016
The Vermont Department of Financial Regulation released a memo in March of this year to remind Risk Retention Groups (RRGs) of the requirement to be compliant with corporate governance standards by May…
Alexandra Clauss

Minimum Salary for Exempt Employees Doubles

May 18, 2016
President Obama announced this morning that effective December 1, 2016, the new minimum salary level for executive, administrative, and professional employee exemptions under the Fair Labor Standards Act will be $913 per week or $47,476 per year
IAIS Publishes Report on Cyber-Security Issues Among Insurers

IAIS Publishes Report on Cyber-Security Issues Among Insurers

May 11, 2016
To raise awareness about the growing concern of cyber-risk among insurers, the International Association of Insurance Supervisors (IAIS) recently published a report titled Issues Paper on Cyber Risk to…
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Question and Answer Series on Vermont’s New ‘Sick Leave Law’

May 03, 2016
Primmer’s managing shareholder, Gary Karnedy, recently wrote an article on the new sick leave law for Vermont Business Magazine. Vermont’s new sick leave law takes effect January 2017 (January 2018 for…
Ampersand

Do Captive Insurers Need Board Members with Insurance Experience?

Apr 27, 2016
A recent article in Risk Management Monitor discussed the increase in a certain insurance trend, specifically that of captive insurers appointing independent board members with insurance experience. The…