With the adoption of NAIC’s AI framework by seven states, insurers face the challenge of implementing comprehensive AI governance and risk management programs.

In response to devastating floods, Barre and Montpelier request $3.5 million to elevate homes, providing safer living conditions amid a housing crisis.

With rising concerns over data privacy, the unauthorized use of personal information in auto insurance claims and repairs presents significant risks and implications for millions.

Even as FEMA is working to dole out millions of dollars in grants to Vermonters hit by flooding in eight designated counties, some who received money following previous flooding -- but did not comply with subsequent insurance requirements -- are now learning they are not eligible.

Economic losses from catastrophic flooding across Vermont earlier this week could reach into the hundreds of millions of dollars or higher, Aon PLC said in a report Friday.

The rainfall that hit parts of Vermont on Monday had less than a 1-in-100 chance of occurring in any given year, according to federal flood data. And yet, for some residents, it brought a sense of déjà vu -- it rivaled the devastation of another so-called 100-year storm, Hurricane Irene, from a dozen years ago.

In response to the State of Emergency declared by Governor Phil Scott on July 9, the Vermont Department of Financial Regulation has announced a measure to allow property and casualty insurance carriers to utilize individual adjusters who are not licensed in Vermont.

As many as 14 million people in the Northeast and New England were still under flood alerts this morning after a summer’s worth of rain fell in parts of New York, forecasters said.

Seventeen state attorneys general have called on the federal government to recall millions of Kia and Hyundai cars due to their susceptibility to theft, which has been amplified by a viral social media challenge.

Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach, which could lead to a crash.

The Vermont Supreme Court revived a military shipbuilder’s lawsuit for insurance coverage of lost income and extra expenses incurred in dealing with the virus that causes COVID-19, becoming the first state high court to rule for the policyholder in such cases.

After the end of a half-hour hearing in federal court on Monday, the presiding judge removed his black robe, stepped down from the bench and chatted with the attorneys and the plaintiffs who were present. After nearly six years, U.S. District Court Chief Judge Geoffrey Crawford said he wanted to personally say goodbye to the people involved in the high-profile case, which had just finally been resolved.

Huntington Ingalls Industries is suing some of the world’s biggest financial firms to recover losses suffered due to COVID-19 at its shipyards, including Newport News Shipbuilding.

You may recall the story of a Tesla Model X that burned down on the frozen surface of Lake Champlain’s Shelburne Bay in Vermont in February of 2019.

Toyota expanded a worldwide fuel pump recall to a total of 5.84 million vehicles for a defect that could cause the part to fail. In the United States, the total number of vehicles involved in this safety recall is now approximately 3.34 million vehicles.