The National Council on Compensation Insurance (NCCI) recently delivered a workers’ compensation loss cost filing to the Vermont Department of Financial Regulation. Based upon its review of the most recently available data, NCCI has proposed in its Nov. 17 filing …
The Vermont Department of Financial Regulation (DFR) said Cigna Behavioral Health Inc. has agreed to pay nearly $400,000 to Vermont as the result of an investigation by DFR. DFR Commissioner Susan L. Donegan said today that the company will pay …
Vermont Department of Financial Regulation (DFR) Commissioner Susan L. Donegan announced Tuesday the appointment of Kaj Samsom as deputy commissioner of the Insurance Division, effective immediately.
Vermont Gov. Peter Shumlin on Wednesday signed the Vermont Legacy Insurance Management Act (LIMA). The new law would allow the formation of specialized, Vermont-based companies to acquire and manage closed blocks of non-admitted commercial insurance policies and reinsurance agreements. Gov. …
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 …
