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Press Releases
from Towner Management Group
8/5/10
"Insurance Industry Responds to Treasury Request for TRIA Comments"
Burlington, VTIn response to the Treasury Department's request for comments, the National Association of Mutual Insurance Companies (NAMIC) wrote that the federal backstop provided for terrorism insurance by the Terrorism Risk Insurance Act continues to remain a necessity.
8/3/10
"Come See TMG at the VCIA Conference"
Burlington, VTAs the VCIA celebrates its 25th anniversary, the executive team of The Towner Management Group will exhibit at booth #35 at this year's conference, August 10-12, at the Sheraton Hotel and Conference Center in Burlington, Vermont.
7/30/10
"GAO Directed to Enforce RRG Rights"
Burlington, VTIn the wake of Kansas Representative Dennis Moore's order to the Government Accountability Office to investigate the obstruction of the federal rights of risk retention groups to conduct business, The Towner Management Group is hopeful that states will soon regulate RRGs uniformly.
7/15/10
"Are You Ready for Renewals?"

Burlington, VT— When should you talk to a captive insurance professional? Now is a good time to find answers to that question.

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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.
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