A new law in Vermont would soon authorize the state to license and regulate specialized Vermont-based companies whose only purpose would be to assume and manage closed blocks of non-admitted commercial insurance policies and reinsurance agreements. The legislation, Vermont’s Legacy …
The state of Vermont is warning people to beware of phone scams from callers claiming to be selling health insurance in order to obtain personal information. Department of Financial Regulation Commissioner Susan L. Donegan says her department has received reports …
Vermont’s Department of Financial Regulation announced on March 27 that Horace Mann Insurance Co. and Horace Mann Property and Casualty Insurance Co. has paid $8,993 in restitution to Vermont customers whose auto insurance claims were not evaluated properly. The department …
The Vermont Department of Financial Regulation says the Hartford Financial Services Group has agreed to pay more than $81,000 in restitution to Vermont customers whose auto insurance claims were improperly evaluated.
Vermont’s regulatory agency that oversees the state’s banking, insurance and securities sectors has adopted a new name this week. The agency, which used to be called the Vermont Department of Banking, Insurance, Securities & Health Care Administration (BISHCA), has been …
