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Press Releases
from Towner Management Group
7/15/10
"Are You Ready for Renewals?"
6/17/10
"Terrorism Backstop Review In Light of Budget Woes"

Burlington, VT— The U.S. Department of the Treasury is looking at the long-term availability and

affordability of the federally funded terrorism risk insurance backstop, as required by law.

6/15/10
"Vermont's New Captive Insurance Director a Familiar Face"
Burlington, VT—After 22 years, Peter Raymond has resigned his position as Vermont's Captive Insurance Director to take a position outside the captive insurance industry.
5/19/10
"Vermont's Financial Services & Insurance Head Accepts Private Sector Position"

Burlington, VT—Paulette Thabault, Commissioner of Vermont's Department of Banking, Insurance,

Securities and Health Care Administration (BISHCA), has resigned from her position for an executive

position with CVS Caremark's MinuteClinics.
5/7/10
"TMG's Crouse Named to NRRA Government Affairs Committee"

Burlington, VT—Len Crouse, a principal with The Towner Management Group (TMG), was named to

the Government Affairs Committee of the National Risk Retention Association.
04/23/2010
"TMG's Crouse Examines This Year's Legislative Efforts "
Burlington, VT - As state legislatures begin to wind down their work for 2010, now is a good time to take a look at measures that may impact captive insurers and their parent companies.
03/15/2010
"Future Legislation May Impact Risk Retention Groups "
Burlington, VT - Potential legislation on both the federal and state level promises to make this year an interesting one for risk retention groups.
03/04/2010
"TMG Executives Exhibit at CICA International Conference "
Burlington, VT - The Towner Management Group will be exhibiting at this year’s CICA International Conference.
2/18/2010
"CMS Delays Health Claim Reporting Requirement"
Burlington, VTThe Centers for Medicare and Medicaid Services (CMS) announced Tuesday that the deadline to begin the MMSEA 111 reporting requirement for secondary payers of health claims is delayed until January 1, 2011. The original implementation date was April 1, 2010.
2/11/2010
"Another Regulatory Mandate Approaching Quickly"
Burlington, VT—As we approach the halfway point of the first quarter of the year, now is a good time to remind you that new Medicare reporting rules go into effect soon. This requirement is onerous, non-compliance can trigger substantial penalties.
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