PocketLaw | Vermont Statutes | Property And Casualty Insurance Rate

Property And Casualty Insurance Rate Regulation

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Purposes

Scope

Definitions

Competitive market

Rate standards

Rating methods or criteria

Workers' compensation and employers' liability insurance; uniform administration of classifications; reporting of rates and other information

Filing of rates and other rating information

Filing fees

Approval or disapproval of rates

Licensing, operation, services, and activities of advisory or service organizations

Filing of records and reports; exchange of information

Joint underwriting; pool and residual market activities

Agreements to adhere

Residual market mechanism status

Exemptions

Mandatory market participation

Examinations

Consumer information

Monitoring competition

Information and monitoring costs

Information to be furnished insureds; aggrieved persons

Rerating after use of erroneous credit information

Dividend plans

Penalties

Judicial review

Severability

Cancellation of commercial risk insurance

Notice of cancellation

Notice of nonrenewal

Notice requirements

Renewal policies

Penalties