Purpose: The purpose of this bulletin is to notify health insurance companies that comprehensive major medical and long term care rate filings submitted to the Department on or after January 1, 2012 will be posted to the Department’s website and available for public viewing as set forth in 8 V.S.A § 4062.
This Rule sets forth standards to protect consumers from misleading and fraudulent marketing practices with respect to the use of senior-specific certifications and professional designations in the offer, sale, or purchase of securities or insurance, or in the providing of investment advice regarding securities or insurance.
Due to the scope of damage caused by Tropical Storm Irene, the Department has authorized insurers to use Catastrophe Adjusters and Appraisers, pursuant to Title 8 V.S.A. § 4803(d)(2).
The purpose of this bulletin is to clarify the position of the Vermont Dept. of Banking, Insurance, Securities and Health Care Administration concerning claims made for diminished value stemming from physical damage to an automobile resulting from a covered event.
