Burlington, VT – The 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.
 
2/18/2010 "CMS Delays Health Claim Reporting Requirement"
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.
"Richards Hired, New Web Site Debuts at The Towner Management Group"
Burlington, VT— The start of the New Year was eventful for The Towner Management Group, as Mary Richards joined the TMG as a vice president and account manager, while the company new web site debuted.
"TMG Comments on Barbados As It Continues Global Domicile Trend By Increasing Costs Of Running A Captive"
St. James, Barbados — As captive insurance domiciles fight to emerge from the global recession, some are increasing captive insurance company fees, capital requirements and taxes as a way to increase revenues and reduce deficits. Barbados, for one, will increase annual captive license fees from $2,500 to $10,000, retroactive to January 1.
11/16/09"Towner Releases Terrorism Risk White Paper"
Burlington, VT—Thanks to the federal government’s recent update of its terrorism risk bill and the commercial insurance industry’s response to terrorism risk, U.S. captive insurance companies have new opportunities to help reduce the potential financial impact of terrorism risk. So says captive insurance veteran Thomas P. Stokes in a white paper released by The Towner Management Group. "Towner's Crouse Discusses Captive Domicile Glut at Kentucky Conference"
Burlington, VT —Len Crouse, partner with The Towner Management Group’s U.S. Operations and a familiar name in the captive insurance industry, will be a featured speaker at the Kentucky Captive Association 2009 Educational Conference, November 3-4, 2009, in Louisville, Kentucky.
7/30/09"Towner-Sponsored Rowing Team Sets World Record"
St. James, Barbados (July 30, 2009)— The Flying Ferkins, a rowing team comprised of Brits Guy Watts and Andrew Delaney, were part of a fleet that became the first rowers to complete the 3,132 nautical mile row across the Indian Ocean from Australia to Mauritius. The St. James Group, a company of the Towner Management Group (TMG), was among the sponsors of the world-record setting trip. "Industry Veteran Thomas Stokes Joins The Towner Management Group "
Burlington, VT (July 7, 2009)—The Towner Management Group announced today that Thomas P. Stokes will join the company as managing principal of The Towner Management Group (NY) LLC and leader of the company’s captive consulting practice. "The Towner Management Group's Ricardo Knight to Lead Barbados Government International Business Working Group"
St. James, Barbados (July 3, 2008)—Ricardo Knight, president of The Towner Management Group and a 15-year veteran of the international business management industry, was named chairmanthe Joint Policy Working Group on International Business and Investment Promotion, a joint industry-government initiative.
4/20/08"Former Vermont Captive Regulator Len Crouse Joins Towner Management"
Burlington, VT (April 20, 2008)—Len Crouse, former top captive insurance regulator in Vermont, was named Partner of The Towner Management Group’s U.S. Operations.
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