The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
009
:
PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION
(Cite as: 8 V.S.A. § 3623)
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§ 3623. Recognition of assessments in rates
The rates and premiums charged for insurance policies to which this subchapter applies
shall include amounts sufficient to recoup a sum equal to the amounts paid to the
Association by the member insurer less any amounts returned to the member insurer
by the Association, and such rates shall not be deemed excessive because they contain
an amount reasonably calculated to recoup assessments paid by the member insurer. (Added 1969, No. 279 (Adj. Sess.), § 15.)