Proposed Rules and Public Comment

Proposed Rules

Business Entity Limited Lines Producer for Self-Storage Insurance License, I-2019-02

The proposed rule establishes a new license type for self-storage insurance. The purpose of this rule is to establish a business entity limited lines producer license for the sale of self-storage insurance and to set forth requirements for the sale of self-storage insurance by an owner and its employees and authorized representatives. The rule governs the sale of self-storage insurance by an owner and its employees and authorized representatives. A hearing will be held on October 18, 2019 at 09:30 AM at the Department of Financial Regulation, 89 Main Street, 3rd Floor Conference Room in Montpelier. Submit comments to by October 25, 2019. 

Insurance Regulatory Sandbox; Innovation Waiver, I-2019-03

The purpose of this regulation is to set forth the requirements and standards for the submission, granting, denying, monitoring, and revocation of innovation waivers, and the monitoring, examination, and supervision of, and reporting by, persons applying for or granted innovation waivers, in each case pursuant to 8 V.S.A. § 15a.

A hearing date is scheduled for October 18, 2019, at 10:30 AM at 89 Main St.; Montpelier, VT; 3rd Floor Conference Room. Please submit your comments to Sebastian Arduengo

Self-Insured Association Health Plans

On December 31, 2018, the Department of Financial Regulation filed emergency regulations on Self-Insured Association Health Plans. 

Other Public Comment Opportunities

Vermont Blue Advantage

The Vermont Department of Financial Regulation will hold a public hearing on December 16, 2019 at 9:00 a.m., at the offices of the Vermont Department of Financial Regulation, 89 Main Street, Third Floor Conference Room, Montpelier, Vermont, 05602, to consider a petition submitted to the department by Vermont Blue Advantage. Vermont Blue Advantage is a joint venture between BCBSVT and BCBS of Michigan that will be entering Vermont’s Medicare Advantage market. 

Contact Information

Department of Financial Regulation
Commissioner Michael Pieciak
89 Main Street, Montpelier, VT 05620 - 3101

Public Information
For public records, media inquiries, and press releases visit our Public Information web page

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