The Vermont Statutes Online
The Statutes below include the actions of the 2024 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.
Title 8 : Banking and Insurance
Chapter 113 : Liability Insurance and Service Contract Companies
Subchapter 001 : POLICIES
(Cite as: 8 V.S.A. § 4201)-
§ 4201. Filing and approval of policies; review
A policy of insurance covering against loss or damage resulting from accident to, or injury suffered by an employee or other person, and for which the insured is liable, shall not be issued or delivered to a person, firm, or corporation resident of, or doing business in this State, until a copy of the form of the policy has been filed with the Commissioner; and it shall not be issued or delivered unless approved by the Commissioner. If the Commissioner determines that the form does not comply with the requirements of law, the Commissioner shall immediately give written notice to the insurer who filed the form, specifying the reasons for the Commissioner’s determination, and it shall then be unlawful for the insurer to issue a policy in such form. The Commissioner’s determination is subject to review pursuant to Rule 75 of the Vermont Rules of Civil Procedure. (Amended 2021, No. 105 (Adj. Sess.), § 164, eff. July 1, 2022.)
