Vermont Statutes

§ 8509 — Review of Commission decisions regarding filings

Vermont·Title 8 Title 8: Banking and Insurance·Ch. 165 Chapter 165: Interstate Insurance Product Regulation Compact
(a)Not later than 30 days after the Commission has given notice of a disapproved product or advertisement filed with the Commission, the insurer or third-party filer whose filing was disapproved may appeal the determination to a review panel appointed by the Commission. The Commission shall adopt rules to establish procedures for appointing such review panels and provide for notice and hearing. An allegation that the Commission, in disapproving a product or advertisement filed with the Commission, acted arbitrarily, capriciously, or in a manner that is an abuse of discretion or otherwise not in accordance with the law, is subject to judicial review in accordance with subsection 8501(e) of this chapter.
(b)The Commission shall have authority to monitor, review, and reconsider products and

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Legislative History

(Added 2005, No. 70, § 2.)

Nearby Sections

15
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