Compliance Certification & Certification Checklist

Beginning on February 1, 2011 the Vermont Insurance Division will require most commercial lines filings to be accompanied by a signed certification and checklist stating that the filing is in compliance with all applicable Vermont laws, regulations and policies.

The purpose of this new requirement is to promote speed-to-market by ensuring that companies review their filings for compliance with Vermont law before submitting them to the Insurance Division for review and approval. The Division’s present experience is that many companies submit commercial lines filings without reviewing the Vermont product requirements set forth on the Division’s website and, as a result, have their filings disapproved upon initial review pending an industry response. Requiring filers to certify compliance with Vermont’s laws and policies as part of the initial filing submission will reduce the number of declinations and will make the filing process more timely and efficient for both filers and the Division’s staff.
During the first six months of this new procedure, commercial filings that are not accompanied by a signed certification and completed checklist will be declined but the filing will be held open and filers will be given a period of two weeks to supply the missing documentation via a response on SERFF. Starting on July 1, 2011, commercial filings that do not contain a signed certification and completed checklist will be rejected and the filer will be required to resubmit the filing with a new filing fee. The Certification and Checklist must be submitted for a rate, rule, form (or any combination) filing.
The following is a complete list of Sub TOIs that are required to submit the certification and checklist:

01.0001 Commercial Property (Fire and Allied Lines)
02.1000 Crop-Hail Combinations
02.2001 Crop-Hail Non-Federally Reinsured Only
02.1002 Crop-Hail Federally Reinsured Only
02.3001 Commercial Flood
05.0000 CMP Combinations
05.0001 Builders Risk
05.0002 Businessowners
05.0003 Commercial Package
05.0004 Manufactures Output
05.0005 CMP E-Commerce
05.0006 Commercial Farm and Ranch
05.0007 Other CMP
05.1000 CMP Combinations
05.1001 Builders Risk
05.1002 Businessowners
05.1003 Commercial Package
05.1004 Manufacturers Output
05.1005 CMP E-Commerce
05.1006 Commercial Farm and Ranch
05.1007 Other CMP
05.2000 CMP Combinations
05.2002 Businessowners
05.2003 Commercial Package
05.2004 Manufacturers Output
05.2005 CMP E-Commerce
05.2006 Commercial Farm and Ranch
05.2007 Other CMP
06.0000 MG Combinations
06.0001 Fixed Rate MG
06.0002 Trust/Pool MG
06.0003 Variable Rate MG
06.0004 Other MG
09.0000 Inland Marine Combinations
09.0001 Animal Mortality
09.0002 Difference in Conditions (DIC)
09.0003 Electronic Data Processing (EDP)
09.0005 Other Commercial Inland Marine
09.0007 Communication Equipment (Cellular Telephones)
10.0000 Financial Guaranty
11.0000 Med Mal Combinations (Claims Made & Occurrence)
11.0001 Acupuncture
11.0002 Ambulance Services
11.0003 Chiropractic
11.0004 Community Health Centers
11.0005 Dental Hygienists
11.0006 Dentists – General Practice
11.0007 Dentists – Oral Surgeons
11.0008 Home Care Service Agencies
11.0009 Hospitals
11.0010 Nurse – Anesthetists
11.0011 Nurse – Licensed Practical
11.0012 Nurse – Midwife
11.0013 Nurse Practitioners
11.0014 Nurse – Private Duty
11.0015 Nurse – Registered
11.0016 Nursing Homes
11.0017 Occupational Therapy
11.0018 Ophthalmic Dispensing
11.0019 Optometry
11.0020 Osteopathy
11.0021 Pharmacy
11.0022 Physical Therapy
11.0023 Physicians & Surgeons
11.0024 Physicians Assistants
11.0025 Podiatry
11.0026 Psychiatry
11.0027 Psychology
11.0028 Speech Pathology
11.0029 Other
11.0030 Dentist
11.0031 Anesthetist
11.0032 Professional Nurses
11.0033 Assisted Living Facility
11.1000 Med Mal Combinations (Occurrence Only)
11.1001 Acupuncture
11.1002 Ambulance Services
11.1003 Chiropractic
11.1004 Community Health Centers
11.1005 Dental Hygienists
11.1006 Dentists – General Practice
11.1007 Dentists – Oral Surgeons
11.1008 Home Care Service Agencies
11.1009 Hospitals
11.1010 Nurse – Anesthetists
11.1011 Nurse – Licensed Practical
11.1012 Nurse – Midwife
11.1013 Nurse Practitioners
11.1014 Nurse – Private Duty
11.1015 Nurse – Registered
11.1016 Nursing Homes
11.1017 Occupational Therapy
11.1018 Ophthalmic Dispensing
11.1019 Optometry
11.1020 Osteopathy
11.1021 Pharmacy
11.1022 Physical Therapy
11.1023 Physicians & Surgeons
11.1024 Physicians Assistants
11.1025 Podiatry
11.1026 Psychiatry
11.1027 Psychology
11.1028 Speech Pathology
11.1029 Other
11.1030 Dentist
11.1031 Anesthetist
11.1032 Professional Nurses
11.1033 Assisted Living Facility
11.2000 Med Mal Combinations (Claims Made Only)
11.2001 Acupuncture
11.2002 Ambulance Services
11.2003 Chiropractic
11.2004 Community Health Centers
11.2005 Dental Hygienists
11.2006 Dentists – General Practice
11.2007 Dentists – Oral Surgeons
11.2008 Home Care Service Agencies
11.2009 Hospitals
11.2010 Nurse – Anesthetists
11.2011 Nurse – Licensed Practical
11.2012 Nurse – Midwife
11.2013 Nurse Practitioners
11.2014 Nurse – Private Duty
11.2015 Nurse – Registered
11.2016 Nursing Homes
11.2017 Occupational Therapy
11.2018 Ophthalmic Dispensing
11.2019 Optometry
11.2020 Osteopathy
11.2021 Pharmacy
11.2022 Physical Therapy
11.2023 Physicians & Surgeons
11.2024 Physicians Assistants
11.2025 Podiatry
11.2026 Psychiatry
11.2027 Psychology
11.2028 Speech Pathology
11.2029 Other
11.2030 Dentist
11.2031 Anesthetist
11.2032 Professional Nurses
11.2033 Assisted Living Facility
12.0001 Commercial Earthquake
17.0000 Other Liability Combinations (Occurrence/Claims Made)
17.0001 Commercial General Liability
17.0002 Completed Operations
17.0004 Contractual Liability
17.0005 Day Care Centers
17.0006 Directors & Officers Liability
17.0007 Elevators & Escalators Liability
17.0008 Employee Benefit Liability
17.0009 Employers Liability
17.0010 Employment Practices Liability
17.0011 Environmental Pollution Liability
17.0012 Fire Legal Liability
17.0013 Kidnap & Ransom Liability
17.0014 Liquor Liability
17.0015 Municipal Liability
17.0016 Nuclear Energy Liability
17.0018 Premises & Operations
17.0019 Professional Errors & Omissions Liability
17.0020 Commercial Umbrella & Excess
17.0022 Other
17.0023 Veterinarian
17.0024 Internet Liability
17.1000 Other Liability Combinations (Other Liability)
17.1001 Commercial General Liability
17.1002 Completed Operations
17.1004 Contractual Liability
17.1005 Day Care Centers
17.1006 Directors & Officers Liability
17.1007 Elevators & Escalators Liability
17.1008 Employee Benefit Liability
17.1009 Employers Liability
17.1010 Employment Practices Liability
17.1011 Environmental Pollution Liability
17.1012 Fire Legal Liability
17.1013 Kidnap & Ransom Liability
17.1014 Liquor Liability
17.1015 Municipal Liability
17.1016 Nuclear Energy Liability
17.1018 Premises & Operations
17.1019 Professional Errors & Omissions Liability
17.1020 Commercial Umbrella & Excess
17.1022 Other
17.1023 Veterinarian
17.1024 Internet Liability
17.2000 Other Liability Combinations (Claims Made Only)
17.2001 Commercial General Liability
17.2002 Completed Operations
17.2004 Contractual Liability
17.2005 Day Care Centers
17.2006 Directors & Officers Liability
17.2007 Elevators & Escalators Liability
17.2008 Employee Benefit Liability
17.2009 Employers Liability
17.2010 Employment Practices Liability
17.2011 Environmental Pollution Liability
17.2012 Fire Legal Liability
17.2013 Kidnap & Ransom Liability
17.2014 Liquor Liability
17.2015 Municipal Liability
17.2016 Nuclear Energy Liability
17.2018 Premises & Operations
17.2019 Professional Errors & Omissions Liability
17.2020 Commercial Umbrella & Excess
17.2022 Other
17.2023 Veterinarian
17.2024 Internet Liability
18.0000 Product Liability-Occurrence/Claims Made
18.0001 Product Liability-Occurrence Only
18.0002 Product Liability-Claims Made Only
22.0000 Aircraft
23.0000 Fidelity
26.0001 Commercial Burglary and Theft
27.0000 Boiler & Machinery or Equipment Breakdown
28.1000 Credit-Credit Default
33.0002 Other Commercial Lines
33.0003 Mechanical Breakdown Insurance
33.0004 Service Contract
35.0002 Commercial Interline Filings

Inquiries concerning this new filing requirement should be referred to Phil Keller, Director of Insurance Rates and Forms, at (802) 828-1464 or to Shelley Stuart, Program Technician, at (802) 828-2471

Attachment	Size
Compliance Certification Form5252011.pdf	15.49 KB
Commercial-PC-Certification-Checklist 62012.pdf	117.57 KB

Search form

Main menu

Compliance Certification & Certification Checklist