# VT Insurance Bulletin #30: WITHDRAWN - Legal Actions Involving Other Insurance Departments

> Vermont · Agency guidance · In force

URL: https://www.frixlaw.com/law-library/statutes/VT_INS_B_30_19750319

## Section

- **Citation:** VT Insurance Bulletin #30
- **Heading:** WITHDRAWN - Legal Actions Involving Other Insurance Departments
- **Jurisdiction:** Vermont
- **Kind:** Agency guidance
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Vermont DFR Insurance Bulletins / WITHDRAWN - Legal Actions Involving Other Insurance Departments

## Text

Vermont Insurance Division
BULLETIN 30: Legal Actions Involving Other Insurance Departments
March 19, 1975
Pursuant to V.S.A. 3561 and 3562, I am requesting that all insurance companies doing
business in Vermont maintain a list, in accordance with the format at the end of this
Bulletin, of the following actions by the insurance department of any other state against
the insurance company or by the insurance company against the insurance department of
any other state, which involves any allegation of violation of law or regulation, and which
results in any of the following dispositions:
1) Issuance of a court order or court adjudication, including a dismissal;
2) Issuance by an insurance department of an order requiring the insurance
company to cease and desist from engaging in a specified act or practice;
3) Imposition of a fine or penalty;
4) Execution of a consent order, stipulation or formal agreement containing
a) an admission of violation of law;
b) a formal order or agreement to cease and desist from engaging in any
specified act or practice; or
c) a fine or penalty;
5) Revocation or suspension of a company license;
6) Company conservatorship;
7) Removal of a policy form; or
8) Formal hearing by an insurance department.
Actions resulting in dispositions under items 5 through 7 above shall be
reported to this Department immediately. All reportable actions which were initiated,
pending or disposed of in 1973 or 1974 shall be included on a list to be filed with this
Department no later than April 15, 1975.For 1976 and thereafter the notification form
shall be submitted as part of the annual report.If no reportable actions occurred for a
given year, this shall be indicated affirmatively in the notification form.
A reportable action shall not include:
Withdrawn November 1, 2022
disposed of in 1973 or 1974 shall be included on a list to be filed with this
Department no later than April 15, 1975.For 1976 and thereafter the notification form
shall be submitted as part of the annual report.If no reportable actions occurred for a
given year, this shall be indicated affirmatively in the notification form.
A reportable action shall not include:
Withdrawn November 1, 2022

1) an action not involving the insurance department of any other state;
2) a communication between an insurance department of any other state and an insurance
company involving an interpretation of, or a change in a financial statement;
3) an action by a policyholder against an insurance company for a cancellation or
underwriting decision, except as it results in the institution of a reportable action or
proceeding by an insurance department of any other state against an insurance company;
4) an action or proceeding by an insurance department of any other state against an
individual agent except where the insurance company is joined as a party by the
department.
Notification shall conform with the following format:
I. Heading: Notification of Legal Actions Involving Insurance Departments of Other
States.
II. Basic Data: Name of company, address of company, date of filing.
Actions Reported:
III. State
IV. A brief description of the nature of the action
V. A brief description of the disposition
VI. Date of initiation of action
VII. Date of disposition
James A.Guest
COMMISSIONER OF BANKING AND INSURANCE
Withdrawn November 1, 2022

## Nearby sections

- [VT Insurance Bulletin #22 Proper Identification by Insurance Producers](https://www.frixlaw.com/law-library/statutes/VT_INS_B_22_19741220.md)
- [VT Insurance Bulletin #30 WITHDRAWN - Legal Actions Involving Other Insurance Departments](https://www.frixlaw.com/law-library/statutes/VT_INS_B_30_19750319.md)
- [VT Insurance Bulletin #43 Criteria for Company Authorization and Application Procedures](https://www.frixlaw.com/law-library/statutes/VT_INS_B_43_20220620.md)
- [VT Insurance Bulletin #51 Consent to Rate](https://www.frixlaw.com/law-library/statutes/VT_INS_B_51_19800616.md)
- [VT Insurance Bulletin #54 Coverage for Pregnancy and Pregnancy-Related Conditions](https://www.frixlaw.com/law-library/statutes/VT_INS_B_54_19810422.md)
- [VT Insurance Bulletin #55 Safe Driver Insurance Plan Surcharges](https://www.frixlaw.com/law-library/statutes/VT_INS_B_55_19940620.md)
- [VT Insurance Bulletin #57 State Cooperation - Prosecution of Federal Medigap Law Violations](https://www.frixlaw.com/law-library/statutes/VT_INS_B_57_19820226.md)
- [VT Insurance Bulletin #58 Vermont Purchase and Use Tax - Settlement of Auto Total Loss](https://www.frixlaw.com/law-library/statutes/VT_INS_B_58_19820411.md)
- [VT Insurance Bulletin #60 Public Act No. 176 - Coverage/Benefits for the Care and Treatment of Alcohol Dependency](https://www.frixlaw.com/law-library/statutes/VT_INS_B_60_19820712.md)
- [VT Insurance Bulletin #61 Group Insurance / Trust Agreements](https://www.frixlaw.com/law-library/statutes/VT_INS_B_61_19820909.md)
- [VT Insurance Bulletin #62 Life Policy Loans with Adjustable Interest Rates](https://www.frixlaw.com/law-library/statutes/VT_INS_B_62_19830708.md)
- [VT Insurance Bulletin #63 Temporomandibular Joint Disorders](https://www.frixlaw.com/law-library/statutes/VT_INS_B_63_19821220.md)
- [VT Insurance Bulletin #69 Standard Non-Forfeiture and Valuation Laws for Life Insurance](https://www.frixlaw.com/law-library/statutes/VT_INS_B_69_19830718.md)
- [VT Insurance Bulletin #71 Lienholder Interest Coverage Loss Payable Clause Fraud](https://www.frixlaw.com/law-library/statutes/VT_INS_B_71_19830810.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/VT_INS_B_30_19750319. Check the current official text before relying on it. Not legal advice.
