Vermont Statutes

§ 8097 — Authority to adopt rules

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 154 Chapter 154: Long-Term Care Insurance
The Commissioner shall adopt reasonable rules to promote premium adequacy and to protect the policyholder in the event of substantial rate increases, and to establish minimum standards for marketing practices, agent compensation, field issuance, agent testing, penalties, and reporting practices for long-term care insurance. (Added 2003, No. 124 (Adj. Sess.), § 2, eff. Jan. 1, 2005.)

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