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§4701. Consumer information


Published: 2015

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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

128

:
PROPERTY AND CASUALTY INSURANCE RATE REGULATION






Subchapter

002
:
GENERAL ADMINISTRATION OF CHAPTER










 

§

4701. Consumer information

The Commissioner

shall utilize, develop, or cause to be developed a consumer information system

which will include representative price ranges and other relevant information

to be readily available to purchasers of insurance. The development and

operation of this system may be conducted internally within the Department of

Financial Regulation, in cooperation with other state insurance departments,

through outside contractors, or in any other appropriate manner. To the extent

deemed necessary and appropriate by the Commissioner, insurers, advisory or

service organizations, and other persons or organizations involved in

conducting the business of insurance in this State to which this section

applies shall assist and cooperate in the development and utilization of a

consumer information system. (Added 1983, No. 238 (Adj. Sess.), § 1; amended

1989, No. 225 (Adj. Sess.), § 25; 1995, No. 180 (Adj. Sess.), § 38; 2011, No.

78 (Adj. Sess.), § 2, eff. April 2, 2012.)