Applications for Designation as a Certified Reinsurer


November 9, 2015

This public notice is posted pursuant to Reg. 97-3,Section 8B.(1).

Arch Reinsurance Ltd. has applied for designation as a certified reinsurer in Vermont. The application was received on November 9, 2015, and was made under V.S.A. Title 8, Chapter 101, §3634a (relating to requirements for certified reinsurers).

Questions about Flood Insurance Claims?

Flood insurance is administered by the federal government’s National Flood Insurance Program (NFIP)  not under homeowners’ insurance policies.  These claims can be complicated and policyholders may have questions in the days and weeks following a flood event. The NFIP call center is reachable at 1-800-621-3362, and will operate from 8 a.m. to 6 p.m. (CDT) Monday through Friday. Specialists will be available to assist policyholders with the servicing of their claims, provide general information regarding their policies, and/or offer technical assistance to aid in recovery.

The FEMA National Flood Insurance Program

DFR report on Act 199

During the 2013-2014 Legislative session, the Department of Financial Regulation was asked to conduct a study on crowdfunding, licensed lending, the Vermont Small Business Offering Exemption, and electronic insurance notices. 

Bank Franchise Tax

Bank Franchise Tax returns and payments for the tax quarter ending December 31, 2015, due not later than January 25, 2016, will be electronically filed and paid via the Vermont Department of Taxes new online system, myVTax.

Steer clear – Watch out for wildlife collisions

Many hunters have wild game in their crosshairs this fall. But even if you don't participate in this sport, you should set your sights on safety when you get behind the wheel of a car. More deer accidents occur in the U.S. in October and November than the rest of the year. The National Highway Safety Administration (NHSA) reports there are about 1.5 million annual deer-related auto accidents. Vehicle collisions with deer and other animals can be costly and dangerous. To help you stay safe this fall, follow these tips from the National Association of Insurance Commissioners (NAIC).

There is always a chance for a collision with wildlife such as deer, moose, raccoons, birds, and even bears but from now through mid-December – Vermont’s deer seasons – the herds are especially active, which increases the risk of hitting an animal with your vehicle. Before a collision occurs, make sure you're protected with the right type of insurance and understand how to avoid animal accidents. (For more information on the various hunting seasons in Vermont, check out the Vermont Department of Fish and Wildlife:
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