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.
(Cite as: 21 V.S.A. § 688)
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§ 688. Administrative penalties; insurance company’s license suspended
(a) The Commissioner, after notice and opportunity for a hearing, may assess administrative
penalties of not more than $5,000.00 against any employer, insurance company, or their
agents that the Commissioner finds has refused or neglected to comply with the reasonable
rules of the Commissioner or any orders issued by the Commissioner, or to adjust and
pay compensation and medical bills in accordance with the provisions of this chapter.
(b) The notice and opportunity for a hearing under this section shall be in accordance
with 3 V.S.A. chapter 25. The Commissioner shall adopt rules regarding the amount
and imposition of penalties.
(c)(1) In addition to assessing administrative penalties, the Commissioner may refer to the
Commissioner of Financial Regulation any insurance company authorized to transact
workers’ compensation insurance in this State that refuses or neglects to comply with
the reasonable rules of the Commissioner or that neglects or refuses to properly and
promptly adjust and pay compensation and medical bills in accordance with the provisions
of this chapter.
(2) If, after hearing, the Commissioner of Financial Regulation finds that the insurance
company has failed to comply with the rules or orders issued by the Commissioner of
Labor or has failed to properly and promptly pay compensation and medical bills as
provided by this chapter, the Commissioner of Financial Regulation may take appropriate
action against the insurance company as provided in Title 8. (Amended 1989, No. 225 (Adj. Sess.), § 25(b); 1993, No. 225 (Adj. Sess.), § 15; 1995, No. 180 (Adj. Sess.), § 38(a); 2005, No. 103 (Adj. Sess.), § 3, eff. April 5, 2006; 2023, No. 85 (Adj. Sess.), § 145, eff. July 1, 2024.)