Vermont § 4201 Filing and approval of policies; review

Vermont Statutes

§ 4201 — Filing and approval of policies; review

Vermont § 4201

Title 8Title 8: Banking and Insurance

Ch. 113Chapter 113: Liability Insurance and Service Contract Companies

This text of Vermont § 4201 (Filing and approval of policies; review) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 8, § 4201 (2026).

Text

A policy of insurance covering against loss or damage resulting from accident to, or injury suffered by an employee or other person, and for which the insured is liable, shall not be issued or delivered to a person, firm, or corporation resident of, or doing business in this State, until a copy of the form of the policy has been filed with the Commissioner; and it shall not be issued or delivered unless approved by the Commissioner. If the Commissioner determines that the form does not comply with the requirements of law, the Commissioner shall immediately give written notice to the insurer who filed the form, specifying the reasons for the Commissioner’s determination, and it shall then be unlawful for the insurer to issue a policy in such form. The Commissioner’s determination is subject

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A policy of insurance covering against loss or damage resulting from accident to, or injury suffered by an employee or other person, and for which the insured is liable, shall not be issued or delivered to a person, firm, or corporation resident of, or doing business in this State, until a copy of the form of the policy has been filed with the Commissioner; and it shall not be issued or delivered unless approved by the Commissioner. If the Commissioner determines that the form does not comply with the requirements of law, the Commissioner shall immediately give written notice to the insurer who filed the form, specifying the reasons for the Commissioner’s determination, and it shall then be unlawful for the insurer to issue a policy in such form. The Commissioner’s determination is subject to review pursuant to Rule 75 of the Vermont Rules of Civil Procedure. (Amended 2021, No. 105 (Adj. Sess.), § 164, eff. July 1, 2022.)