§ 4693. Agreements to adhere
(a) Except as necessary to comply with the requirements of section 4687 of this title, no insurer may agree with any other insurer or with an advisory or service organization to adhere to or use any rate or supplementary rate information. The fact that any insurer adheres to or uses such rate or material is not sufficient in itself to support a finding that an agreement to adhere or use exists but may be used for the purpose of supplementing any other evidence as to the existence of such an agreement.
(b) Two or more insurers having common ownership or operating in this State under common management or control may act in concert between or among themselves in the same manner as if they constituted a single insurer. (Added 1983, No. 238 (Adj. Sess.), § 1.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 128 - Property and Casualty Insurance Rate Regulation
§ 4686. Rating methods or criteria
§ 4688. Filing of rates and other rating information
§ 4689. Approval or disapproval of rates
§ 4690. Licensing, operation, services, and activities of advisory or service organizations
§ 4691. Filing of records and reports; exchange of information
§ 4692. Joint underwriting; pool and residual market activities
§ 4694. Residual market mechanism status
§ 4696. Mandatory market participation
§ 4702. Monitoring competition
§ 4703. Information and monitoring costs
§ 4704. Information to be furnished insureds; aggrieved persons
§ 4704a. Rerating after use of erroneous credit information
§ 4711. Cancellation of commercial risk insurance