Consumer alert: Possible phone scam

The Department of Financial Regulation has been notified that a number of Vermonters have received questionable phone calls from people claiming affiliation with Blue Cross and Blue Shield of Vermont (BCBSVT). The caller offers a special program regarding pain management and opioid prescriptions and asks the consumer to disclose personal information to determine qualification for the program.

Three Vermonters named to Captive Review Hall of Fame


The original captive bill is signed in 1981 by Gov. Richard Snelling. In the foreground are all the Captive Review captive service awards the department has received.

Deputy Commissioner David Provost and two former Captive Division heads, Leonard Crouse and Edward Meehan, are three of the 13 inductees to the Captive Review Hall of Fame. The magazine, “Captive Review,” said it aims to recognize people who have “shaped and driven the captive journey over the past half-century.”

Commissioner Pieciak Interview

Commissioner Michael Pieciak was recently interviewed by Comcast Newsmakers. The five-minute interview, he discusses the Vermont Department of Financial Regulation’s top priorities.

http://comcastnewsmakers.com/2016/11/21/vermont-dept-financial-regulation/

Do you have a lost life insurance policy?

Easy locator tool now available

The Life Insurance Policy Locator provides nationwide access for assistance with finding life insurance policies and annuities. Many people don’t know where to begin searching. This confidential and encrypted website matches your information with that of insurance companies and lets you know if you have money coming to you.

Find a policy: https://eapps.naic.org/life-policy-locator/#/welcome

Vermont wins prestigious captive insurance award


Dan Towle & Dave Provost

The state of Vermont has been named the top “Non-European Union Captive Domicile of the Year” by the European Captive Forum. The award was presented to David Provost, deputy commissioner of the Captive Insurance Division, at the European Captive Services Award Ceremony in Luxembourg on Monday, November 7. The judges said that Vermont “outperformed their competitors and demonstrated the highest levels of excellence” in serving the European captive insurance marketplace. Also this year, Vermont won the award for top U.S. domicile and Provost was named the “most influential” person in the world of captive insurance.

Pages

Subscribe to Department of Financial Regulation RSS