Securities Bureau

9:26 am
Wed April 2, 2014

Amid Settlement Battle With Regulators, HealthTrust Announces $13.9M Refund

Offices of HealthTrust, Property-Liability Trust, and the N.H. Municipal Association, all formerly part of the LGC.
Credit Amanda Loder / NHPR

Communities that carry HealthTrust insurance for public workers could split $13.9 million following a vote by the program’s board of directors.  In an announcement late Tuesday afternoon, HealthTrust noted that the refund was bigger than expected.  The money comes from another risk pool, Property-Liability Trust.  

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NH News
5:38 pm
Thu November 10, 2011

Regulators Want LGC to Turn Over Control To Neutral Party

State regulators suggested the Local Government Center turn over control of its operation and assets to a neutral party.

The Securities Bureau Director says that’s the best way to address fundamental problems within the organization.

The Local Government Center, the group that provides insurance to cities and towns, faces four charges it violated state laws.

The Securities bureau alleges that LGC owes municipalities upwards of $100 million dollars.

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