Insurance

Regulatory Oversight

The Insurance Division regulates the insurance industry in Vermont and protects the public in these general areas:

• Solvency laws require insurance companies to operate in a fiscally responsible manner so that, after taking their customers' money (premiums), they can be counted on to pay claims down the road.
• Consumer protection laws require companies to sell legal insurance products through licensed producers, treat consumers fairly, and pay claims in a timely manner. 
• Health insurance laws require that consumers are afforded full disclosure of information, a full and fair review of a grievance and that health plans meet quality and access standards for care.
• Health insurance plans are audited annually and periodically by the Insurance Division for compliance with Vermont regulations.          
• All insurance policies sold in Vermont are reviewed and approved by the Insurance Division to ensure that they provide the protections required by Vermont law.

Insurance Reports

• Medical Malpractice Issues and Insurance Study
• Vermont Mandatory Reporting (Liquor Liability Report)

Other Reports

• Legislative Reports
• List of Insurance Licensees