Proposed Rules and Regulations

Regulation I-79-2 (Revised xx/xx/xxxx), Fair Claims Practices

The proposed rule revises the existing insurance trade practices regulation to update the methodology used to determine the cash settlement value insurers pay in motor vehicle total losses. The rule clarifies how the value of a replacement vehicle is determined in the event that the claimant's vehicle is determined to be a total loss. The proposed rule also codifies requirements for matching of replacement items and parts for partial losses.

Contact person:  Dan Raddock, 802-828-2921;

Public hearing:  11/6/2017 at 10 am., DFR offices, 89 Main Street, 3rd Floor Conference Room, Montpelier, Vermont

Deadline for comment:  11/14/17

Full text of proposed rule

Full text of proposed rule (annotated)

Regulation H-2009-02 – Health Care Stop Loss Insurance

The proposed amendments remove the per-employee dollar-amount provision governing minimum aggregate attachment points (§ 4(A)(b)(i)), clarify the amendment’s effective date, and require DFR to commission an actuarial study of appropriate attachment points every three years.

Contact Person: Gavin Boyles, 802-828-1425,

Public Hearing: 9/28/17 at 10:00 a.m., DFR Offices, 89 Main St., Montpelier

Deadline for Comment: 10/9/17

Full Text of Proposed Rule and Other Materials Filed with Secretary of State

Office of the Health Care Advocate’s Comments on Proposed Rule


The Department proposes to make the following change to Regulation B-2015-02: 

The proposed changes create an exception to the annual privacy notice requirement if certain conditions are met.  Generally, a financial institution is not required to send an annual privacy notice to its customers if: the financial institution does not share information in a manner that would require an opt-in or an opt-out; the financial institution has not changed its policies or procedures from the most recent privacy notice provided to its customers; and the financial institution posts its privacy policy on its web site.

A public hearing will be held on December 5, 2017 at 10:00 a.m. at the Department’s office at 89 Main Street, Montpelier, Vermont.

The deadline for written comments is December 13, 2017. 

Please contact Sue Clark,, 802-828-3307, with questions.

Full text with proposed changes highlighted

Full text of proposed rule