Company Notebook

Company Notebook

Wellfleet Acquires National Guardian’s Student and Special Risk Business

SPRINGFIELD — Wellfleet, an insurance provider and a Berkshire Hathaway company, has agreed to terms with National Guardian Life Insurance Co. (NGL) to acquire through renewals its Student and Special Risk business. Much of that business is processed through Commercial Travelers Life Insurance Co. in Utica, N.Y., a wholly owned NGL subsidiary. Wellfleet will immediately assume responsibility for administrating NGL’s special-risk policies and collegiate accident and health insurance, which insures more than 26,000 students on approximately 100 campuses across the U.S. Wellfleet will maintain NGL’s Utica office, employing more than 30 insurance professionals. Completion of the transaction is subject to various conditions, including the receipt of required regulatory approval, and is expected to close in the third quarter of 2019.

Elms College Announces 100% Hire Rate for Education Graduates

CHICOPEE — Elms College announced that all of its class of 2019 education licensure graduates — both undergraduate and graduate — have successfully landed jobs as teachers in their licensure fields or are pursuing advanced degrees. This is the sixth year in a row that the Elms College Education Division has reported a 100% hire rate for its graduates. Elms College allows education majors to specialize in elementary, early childhood, English as a second language, moderate special needs, or secondary education. Graduate students can work toward a master of arts in teaching degree in a variety of fields, including reading specialist, a master of education degree, or a certificate of advanced graduate study (CAGS). The college’s programs offer real-world, student-centric, pedagogical training that prepares teachers to serve as leaders in the changing field of education.

UMass Amherst Welcomes Largest-ever Entering Class

AMHERST — UMass Amherst will welcome the largest entering class in university history when students return to the Commonwealth’s flagship campus over Labor Day weekend. The size of the entering class, approximately 5,800 students, represents an increase of 790 compared to last year. This includes 4,300 in-state students, an increase of 800 over last fall. Massachusetts students represent 74% of the first-year class. Out-of-state enrollment remained strong at 1,500, including 470 international students. The university received a record 42,110 applications. Overall undergraduate enrollment this fall is projected to be 22,700. The academic profile of the class of 2023 is impressive. The average SAT score is 1292, and the average GPA is 3.90. The class also represents an increase in the number of ALANA (African, Latino/Hispanic, Asian, Hawaiian/Pacific Islander, and Native American) students at 33%. The percentage of underrepresented minority students is 17%, matching last year’s number. Half of the incoming class is female. Commonwealth Honors College will welcome 660 students, up 35 students over last year. Their average SAT score is 1400. Along with the first-year class, nearly 1,050 transfer students will be arriving on campus this fall. The transfers include 380 community-college students enrolling through the MassTransfer program. MassTransfer guarantees admission to Massachusetts community-college students who complete a designated program with a GPA of 2.5 or above. The overall GPA for entering transfer students is 3.40.

Eversource Honored for Encouraging, Empowering Employees in the Military

BOSTON — Eversource Energy has been recognized with the nation’s highest honor recognizing support of employees in the military. Eversource was one of 15 companies selected from 2,500 nominations to receive the 2019 Defense Employer Support Freedom Award. Eversource Chairman, President, and CEO Jim Judge and control-room supervisor Bill Gelinas accepted the Freedom Award at a ceremony at the Pentagon in Washington, D.C. Eversource’s recruitment and military reserve policies make it one of the nation’s leading companies for veterans and other service members. Of Eversource’s 8,000 employees, more than 600 have served in the military. The energy company offers advancement programs that provide opportunities to apply military training in a supervisory level position. In addition, the Eversource Veterans Assoc., made up of employees who served their country, provides support and recognition to current veteran employees and raises funds to support military veterans throughout New England.

STCC, Bay Path University Announce Psychology Transfer Agreements

SPRINGFIELD — Officials from Springfield Technical Community College (STCC) and Bay Path University will sign two agreements today at 1 p.m. creating an affordable pathway for female students with an associate degree from STCC to earn a bachelor’s degree in psychology from Bay Path. Under one articulation agreement, students who receive an associate degree in liberal arts/general studies (applied psychology option) can pursue a bachelor of arts in psychology from Bay Path. Under the second agreement, students who receive an associate degree in liberal arts transfer (human services/social work option) can pursue a bachelor of arts in psychology. Bay Path and STCC recognize that, for many students, the path to a bachelor’s degree may begin at a community college. Moreover, for STCC’s female students, diverse educational opportunities, including the advantages of enrolling in a women’s university to earn a bachelor’s degree, adds value to educational experiences. These agreements acknowledge that significance and are formed to enable the smooth transfer of STCC graduates to either the traditional undergraduate program or the American Women’s College of Bay Path University.

STCC Gateway to College Program Earns Recognition

SPRINGFIELD — The Gateway to College program at Springfield Technical Community College (STCC) received a Program Excellence Award in recognition of exceeding all four benchmarks used to assess the performance of Gateway to College programs nationwide. Through Gateway to College, students who have dropped out of high school or who are significantly off track complete their high-school diplomas in college-based programs while simultaneously earning credits toward a post-secondary credential. STCC has hosted a Gateway to College program since 2013, and the program enrolled 67 students during the academic year when it received the award. In 2017 and 2018, the STCC Gateway to College program was recognized with a Graduation Achievement Award. This marks its first Program Excellence Award and represents one of only 11 such awards given to Gateway to College programs nationally. At the Gateway to College Directors Convening in New Haven, Conn. at the end of July, Achieving the Dream President Karen Stout and Executive Vice President Emily Froimson presented the award to STCC Gateway Program Director Katara Robinson.

Kresge Foundation Awards $100,000 to Public Health Institute of Western Mass.

SPRINGFIELD — The Kresge Foundation awarded the Public Health Institute of Western Massachusetts a $100,000 grant to advance policy solutions aimed at improving climate resilience and equitably reducing health risks in low-income communities. The Springfield Climate Justice Initiative, a new project of the Live Well Springfield coalition convened by the Public Health Institute, is one of 15 community-based collaborations nationwide receiving grant funding as part of the planning phase of Kresge’s Climate Change, Health and Equity initiative. The Springfield Climate Justice Initiative will focus on planning and implementing strategies identified in the 2017 “Strong, Healthy, & Just: Springfield Climate Action & Resilience Plan” for reducing greenhouse-gas emissions and improving climate resilience in Springfield. The planning will focus on developing front-line residents’ capacity to accelerate municipal action on the top greenhouse-gas emissions reduction strategies included in the Climate Action Plan. With this funding, the collaborators who worked together to develop the city’s “Strong, Healthy & Just” plan — the Public Health Institute of Western Massachusetts, the Pioneer Valley Planning Commission, Arise for Social Justice, and the city of Springfield — will work with partners from other sectors to develop multi-year work plans to address community-defined health and climate priorities.

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