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The Vermont Statutes Online
Title
08
:
Banking and Insurance
Chapter
113
:
LIABILITY INSURANCE
Subchapter
001
:
POLICIES
§
4201. Filing and approval of policies; review
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 thereof has been
filed with the Commissioner; and it shall not be issued or delivered unless
approved by him or her. If he or she adjudges that such form does not comply
with the requirements of law, he or she shall forthwith give written notice to
the insurer who filed such form, specifying the reasons for his or her action,
and it shall be unlawful thereafter for such insurer to issue a policy in such
form. The action of the Commissioner in this regard shall be subject to review
by writ of certiorari.