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Deadline For Public Comment

Deadline: Dec 21, 2012

The deadline for public comment has expired. Contact the agency or primary contact person listed below for assistance.

Rule Details

Rule Number: 12P053
Title: Business Entity Limited Lines Producer License For Portable Electronics Insurance.
Type: Standard
Status: Adopted
Agency: Department of Financial Regulation
Legal Authority: 8 V.S.A. ยงยง 15, 4261, 4813a(6), and 4813(b).
Summary: The proposed regulation will establish a new license type for the sale of portable electronics insurance. The license will permit a business entity to sell portable electronics insurance using employees and authorized representatives of the entity who do not possess a individual producer license. In addition, the proposed regulation will enable individuals under certain conditions to adjust portable electronic claims without holding a license as an adjuster.
Persons Affected: Purchasers of portable electronics insurance, claimants of portable electronics insurance, sellers of portable electronic equipment, insurance companies, and the Department of Financial Regulation.
Economic Impact: This rule will enable a low cost distribution network for the sale of portable electronics insurance.
Posting date: Oct 24,2012

Hearing Information

Information for Hearing # 1
Hearing date:
11-27-2012 11:00 AM   
Location: Vermont Department of Financial Regulation
Address: 89 Main Street
City: Montpelier
State: VT
Zip: 05620-3101
Hearing Notes:

Contact Information

Information for Contact # 1
Level: Primary    
Name: Thomas Van Cooper    
Agency: Department of Financial Regulation    
Address: 89 Main Street    
City: Montpelier    
State: VT    
Zip: 05620    
Telephone: 802-828-4847    
Fax: 802-828-3306    
Email: 
tom.vancooper@state.vt.us
     
 
   
Website Address:  http://www.dfr.vermont.gov
     
 
   
Information for Contact # 2
Level: Secondary    
Name: Kevin Gaffney, Assistant Director of Rates and Forms    
Agency: Department of Financial Regulation    
Address: 89 Main Street    
City: Montpelier    
State: VT    
Zip: 05620    
Telephone: 802-828-4845    
Fax: 802-828-3306    
Email: 
kevin.gaffney@state.vt.us
     
 
   
       

Keyword Information

Keywords:

insurance
electronics
license
producer
portable
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