§ 4702. Monitoring competition
In determining whether or not a competitive market exists pursuant to section 4684 of this title, the Commissioner shall monitor the degree of competition in this State. In doing so, the Commissioner shall utilize existing relevant information, analytical systems, and other sources; cause or participate in the development of new relevant information, analytical systems, and other sources; or rely on some combination thereof. Such activities may be conducted internally within the Department of Financial Regulation, in cooperation with other state insurance departments, through outside contractors or in any other appropriate manner. (Added 1983, No. 238 (Adj. Sess.), § 1; amended 1989, No. 225 (Adj. Sess.), § 25; 1995, No. 180 (Adj. Sess.), § 38; 2011, No. 78 (Adj. Sess.), § 2, eff. April 2, 2012.)
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