Central Vermont briefs
National Life Group
sets company records
in sales, earnings
National Life Group has reported new record highs in net income, total assets under management, life insurance sales, insurance in force, and statutory surplus in its consolidated financial results for 2012.
Overall, sales in 2012 were up 16 percent, with life sales leading the way with a 27-percent increase primarily attributable to sales of Indexed Universal Life products. Also, annuity sales were up by 15 percent; mutual fund sales were up 12 percent.
ź Total assets under management stood at $29.96 billion, an increase of more than $4 billion since 2009.
ź Insurance in force increased almost $4 billion to $68.46 billion.
ź Total revenue in 2012 was a record high $1.76 billion.
ź Net income in 2012 stood at $124.6 million, also a record.
ź Statutory surplus stood at a record-high $1.29 billion at the end of 2012.
Headquartered in Montpelier, the companies of National Life Group offer a range of financial products, including life insurance, annuities, and mutual funds, as well as financial solutions in the form of estate, business succession and retirement planning strategies. In 2012, National Life Group paid out $1.6 billion in benefits to policyholders.
Bond Auto Parts, Boston Red Sox
Bond Auto Parts, Inc. of Barre and the Boston Red Sox have struck a comprehensive multi-year partnership agreement that names Bond Auto Parts as the team’s official auto-parts retailer.
Bond Auto Parts will be the title sponsor of both the Vermont and New Hampshire State Days at Fenway Park, scheduled for April 21 and May 26 respectively. State Days are provided by the baseball team to allow New England residents a chance to see a game at Fenway Park by entering a random drawing in which that state’s residents will be able to purchase tickets.
Bond Auto Parts was founded in 1956 by Earl and Mary Bond of Barre; the third-generation, family-owned company has since expanded, with 25 stores in Vermont, 16 in New Hampshire, two in New York and one in Massachusetts. It is the largest Vermont-based auto-parts supplier serving equally the do-it-yourself and professional installer markets.
and Oriental Medicine
opens Barre office
Integrative Acupuncture and Oriental Medicine has opened a second location in Barre within Central Vermont Primary Care at 246 Granger Road. Its Barre and Montpelier locations are staffed by licensed acupuncturists Kerry Jenni and Joshua Singer.
Integrative Acupuncture and Oriental Medicine specializes in treating pain conditions of all types, including back, neck, shoulder pain and headaches. Jenni also has additional training in obstetrics and gynecology, and works with women’s fertility and pregnancy. Visit www.integrativeaom.com for details.
Berlin Health and
Rehabilitation raises cash
for American Heart Association
Berlin Health and Rehabilitation Center recently raised $300 for the Vermont Chapter of the American Heart Association through several events that raised awareness about heart health during National Heart Health Month in February.
The center kicked off National Heart Health Month with a homage to National “Wear Red Day” — implemented by The National Heart, Lung, and Blood Institute, the Office on Women’s Health, and the U.S. Department of Health and Human Services — to raise awareness that heart disease is the number-one killer of women. Center staff wore red to support the cause. The center also hosted a bake sale, with heart-healthy homemade baked goods contributed by staff members.
Berlin Health and Rehabilitation Center is a 141-bed skilled-nursing facility that offers short-stay rehabilitation, long-term skilled care, and hospice and respite care.
Vermont Mutual Insurance Group sponsors driving safety program
Vermont Mutual Insurance Group has partnered with Safe Roads Alliance, a not-for-profit advocate for improved highway safety, and Irving Oil to support The Parents Supervised Driving Program in Vermont and Maine.
The program is designed to help parents optimize the 40 hours of supervised driving teens are required to complete under parental supervision prior to earning their license. Teens obtaining their learner’s permit will be given a program guide at their local motor vehicle department. The program is provided at no cost through the partnership with Safe Roads Alliance.
The program is divided into skill sets, such as parking, backing up, city and highway driving. A log is provided to record the required driving hours, the skills covered and the time and weather conditions. The program also offers guidance to parents about how to approach each lesson and how to continue education once the 40 hours are completed. Visit www.vermontmutual.com or www.theparentssuperviseddrivingprogram.com for details.
Chartered in 1828, the Montpelier-based Vermont Mutual Insurance Company is one of the 10 oldest mutual property/casualty insurers in the U.S. It has received a top rating from New Jersey-based A. M. Best Company and has been named to the Ward’s Top 50 performing property/casualty companies in the U.S. for the past four consecutive years.