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Donations Sought For Family Who Lost Home In Fire

Donations Sought For Family Who Lost Home In Fire

first_imgImage via Falconer Fire Department / Facebook.FALCONER – A GoFundMe page is seeking to raise money for a Village of Falconer family who lost their home in a fire over the weekend.Image via Falconer Fire Department / Facebook.The Falconer Fire Department says on Sunday, just after 2:30 a.m., crews responded a house fire at 217 E. Pearl St.When firefighters first arrived on scene heavy smoke and flames were spotted coming from the second story of the single-family home.The family is now asking for the community’s help. They are seeking donations of clothing for their three-year-old daughter with toddler sizes of T3 and T4. They are also asking for women’s clothing sizes; small shirts, size 8 shoes, size 4 pants and size small/medium scrubs.Donations can be dropped off to the Falconer Fire Department at 6 p.m. Monday night. Monetary donations can also be made to a GoFundMe page. So far, the GoFundMe has raised over $2,000.The cause of the fire is currently under investigation. Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)last_img read more

Vermont strengthens captive insurance law, allows incorporated protected cells

Vermont strengthens captive insurance law, allows incorporated protected cells

first_imgLegislation passed by the 2011 session of the Vermont Legislature and signed into law by Governor Peter Shumlin expands Vermont’s captive laws, to include allowing cells within a sponsored cell captive to be formed as incorporated protected cells.  The bill was signed into law before a group of industry supporters on May 11. ‘This bill is testimony to our commitment to keep pace with the changing needs of this industry,’ said Governor Peter Shumlin.  ‘I commend the Legislature for their hard work and commitment to keeping Vermont ‘the gold standard’ for captive domiciles.’Another change in the new captive insurance law creates greater flexibility within cell structures on business written by a sponsored captive and who can own a sponsored captive. ‘These updates will allow more companies to domicile in Vermont and utilize the option of having incorporated cells.  This is accomplished without limiting any rights or protections afforded by cells created by contract,’ said David Provost, Deputy Commissioner of Vermont’s Captive Insurance Division.‘Cell owners will now have more options,’ said Dan Towle, Director of Financial Services.  ‘Vermont will continue to license quality companies that may be sponsors of cell structures as long as they meet our regulatory requirements.  The new law offers greater flexibility in their structures and ownership.’  Vermont currently has 18 sponsored cell captives with over 100 individual cells.The bill also makes permanent the elimination of the first year minimum tax of $7,500 for newly licensed captives. ‘It was a way for the Legislature and Governor to say thank you to an industry that has been so beneficial to Vermont,’ said Richard Smith, President of the Vermont Captive Insurance Association (VCIA).  The VCIA was a strong supporter of this legislation and was a partner with the State in its passage.After a strong 2010 with the licensing of its 900th captive insurance company, the State of Vermont enacted these changes to the Captive Insurance law in the Legislature as part of its annual enhancements to its captive statute, according to the Department of Banking, Insurance, Securities and Health Care Administration (BISHCA).Vermont is off to its strongest start in years with nine captives licensed thus far with five applications in progress.  Vermont is the largest captive insurance domicile in the U.S. and the third largest in the world, with $25 billion in gross written premium in 2010.  Vermont is also home to captives formed by 42 of the companies that make up the Fortune 100, and 18 of the companies that make up the Dow 30 have Vermont captives.Get to Know Captive InsuranceCaptive insurance is a regulated form of self insurance that has been around since the 1960’s, and has been a part of the Vermont insurance industry since 1981, when Vermont passed the Special Insurer Act.  Captive insurance companies are formed by companies or groups of companies as a form of alternative insurance to better manage their own risk. Captives are typically used for corporate lines of insurance such as property, general liability, products liability, or professional liability. Growth sectors of the captive insurance industry include securitization, professional medical malpractice coverage for doctors and hospitals, and the continued trend of small and mid-sized companies forming captive insurance companies.A sponsored captive is a structure created by a sponsor (typically an insurance company or other financial institution) to house individual insurance arrangements called ‘cells.’ Each cell is created by the insured party, who is usually a customer of the sponsor, to insure its own risk.  Such programs are ideal for insured who want to explore the use of a captive without starting their own or to address a short-term insurance issue (captives are considered long-term solutions to long-term issues).  In many cases, they serve as incubator space for new captive insurance companies, as the cell owner discovers the benefits of creating their own captive.An incorporated protected cell is a cell of a sponsored captive that is created under Vermont’s corporation laws as a true corporation, as opposed to a cell that is created by contract. Montpelier, VT–May 19, 2011. Photo of Governor Shumlin signing the legislation courtesy of State of Vermontlast_img read more

Syracuse women’s basketball opponent preview: What to know about Michigan State

Syracuse women’s basketball opponent preview: What to know about Michigan State

first_img Facebook Twitter Google+ Published on November 30, 2016 at 2:04 am Contact Matt: mjfel100@syr.edu A week after Syracuse lost three of four games and drop to No. 20 from No. 11 in the Associated Press Top 25 poll, Syracuse (4-3) will host unranked Michigan State (6-1) in the ACC/Big Ten Challenge Wednesday at 7 p.m.Here’s what you need to know about the matchup.All-time series: Michigan State leads, 1-0Last time they played: In the Florida Sunshine Classic, MSU guard Aerial Powers dropped a career-high 32 points and 17 rebounds in No. 18 MSU’s 89-76 victory over the No. 19 Orange. The Spartans outscored SU by 13 in the second half, but SU almost brought it back after two Cornelia Fondren free throws put the Orange within six with just over two minutes to play. But from there, the Spartans made 11 of 12 free throws, sealing the game.The Spartans report: MSU is 6-1 on the season, the Spartans’ best start in two years. Guard Tori Jankoska ranks second in the Big Ten in scoring, and is one of only three players in the conference averaging more than 20. This will be the Orange’s second matchup in the past week against a Big Ten leading scorer, after facing Ohio State’s Kelsey Mitchell on Saturday.AdvertisementThis is placeholder textHow Syracuse beats Michigan State: The Orange needs to shut down Jankoska and limit her looks at the basket. With an extended zone, the Orange will be able to cut down on her 3-point opportunities, but Briana Day and SU’s other rotating centers will have to stay at home and step up when the zone extends far.SU will also have to limit its turnovers, and make sure it can stick with the Spartans’ 3-point shooters. Hillsman preaches that if his team can stick with the opponents’ shooters and make a 3-pointer for every 3 the other team makes, his team can hang around. As long as the Orange is able to punch back and not get down by too much, it can keep the game close and give itself the chance to chuck up some shots and stretch the lead.Stat to know: 6.75 — The Orange has been outscored by an average of 6.75 points in its past four games, three of which it lost. SU had blown out each of its first three opponents by at least 18 points each.Player to watch: Tori Jankoska, guard, No. 1Jankoska was an All-Big Ten second team selection last year. She has 222 career 3-pointers to spearhead the Spartans’ attack, and is just 73 3-pointers away from breaking the MSU all-time record. The 5-foot-8 senior is averaging 21.9 points per game thus far. Commentslast_img read more