Difference between revisions of "Vermont Commissioner of Insurance"

From Ballotpedia
Jump to: navigation, search
(added Rss feed and missing section templates)
Line 43: Line 43:
 
==Appointments==
 
==Appointments==
 
The commissioner is appointed by the [[Governor of Vermont|governor]], with the advice and consent of the [[Vermont State Senate|state senate]], to a two-year term.<ref>[http://www.leg.state.vt.us/statutes/fullsection.cfm?Title=08&Chapter=001&Section=00012 ''Vermont Statutes Online,'' "Title 8, Chapter 1, Section 12," accessed November 28, 2011]</ref>
 
The commissioner is appointed by the [[Governor of Vermont|governor]], with the advice and consent of the [[Vermont State Senate|state senate]], to a two-year term.<ref>[http://www.leg.state.vt.us/statutes/fullsection.cfm?Title=08&Chapter=001&Section=00012 ''Vermont Statutes Online,'' "Title 8, Chapter 1, Section 12," accessed November 28, 2011]</ref>
 +
 +
==Vacancies==
 +
{{SEO vacancies missing}}
  
 
==Duties==
 
==Duties==
Line 67: Line 70:
 
In 2010, the Vermont Commissioner of Insurance was paid an estimated $96,054 according to the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/drupal/system/files/Table_4.11.pdf ''The Council of State Governments'',"The Book of States 2010 Table 4.11," retrieved April 23, 2011]</ref>
 
In 2010, the Vermont Commissioner of Insurance was paid an estimated $96,054 according to the [[Council of State Governments]].<ref>[http://knowledgecenter.csg.org/drupal/system/files/Table_4.11.pdf ''The Council of State Governments'',"The Book of States 2010 Table 4.11," retrieved April 23, 2011]</ref>
  
 +
==Historical officeholders==
 +
{{SEO historical officeholders missing}}
 +
 +
==Recent news==
 +
This section displays the most recent stories in a google news search for the term '''Vermont + Commissioner + Insurance'''
 +
 +
:''All stories may not be relevant to this page due to the nature of the search engine.''
 +
 +
<rss>http://news.google.com/news?hl=en&gl=us&q=Vermont+Commissioner+Insurance&um=1&ie=UTF-8&output=rss|template=slpfeed|max=10|title=Vermont Commissioner of Insurance News Feed</rss>
 
==Contact information==
 
==Contact information==
 
{{vtflag}}
 
{{vtflag}}

Revision as of 11:12, 21 June 2013

Vermont Commissioner of Insurance
General information
Office Type:  Nonpartisan
Office website:  Official Link
2010 FY Budget:  $3,215,896
Term limits:  None
Structure
Length of term:   2 years
Authority:  Vermont State Code, Title 8, Chapter 1, Section 12
Selection Method:  Appointed by Governor
Current Officeholder

Susan Donegan.jpg
Name:  Susan Donegan
Assumed office:  January 2013
Compensation:  $127,254
Other Vermont Executive Offices
GovernorLieutenant GovernorSecretary of StateAttorney GeneralTreasurerAuditorSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Board
The Vermont Commissioner of Insurance is a position in the Vermont state government. The Division of Insurance falls under the purview of the Vermont Department of Banking, Insurance, Securities and Health Care Administration and bears responsibility for regulating the state's insurance industry.

Current officeholder

The current commissioner of the Department of Banking, Insurance, Securities and Health Care Administration is Susan Donegan. Donegan succeeded Steve Kimbell in January 2013. Kimbell chose to step down after Shumlin's second term inauguration, and the governor appointed Donegan, the deputy commissioner under Kimbell, to take over the role of commissioner at that time.[1]

Authority

The commissioner's authority is established in Title 8, Chapter 1, Section 12 of the Vermont State Code.

8 V.S.A. § 12:

The department shall be administered by a commissioner of banking, insurance, securities, and health care administration who shall be appointed by the governor biennially, in the month of February, with the advice and consent of the senate. Commissioner, as used in this title, shall mean the commissioner of banking, insurance, securities, and health care administration.

Qualifications

There are no specific qualifications to hold this office.

Appointments

The commissioner is appointed by the governor, with the advice and consent of the state senate, to a two-year term.[2]

Vacancies

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Vermont Commissioner of Insurance has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Duties

The Insurance Division is generally responsible for regulating the insurance industry in Vermont. To that end, the division:

  • enforces solvency laws that require insurance companies to operate in a fiscally responsible manner
  • enforces consumer protection laws that require companies to sell legal insurance products through licensed producers, treat consumers fairly, and pay claims in a timely manner
  • reviews and approves all insurance policies sold in Vermont to ensure that they provide the protections required by state law[3]

The specific duties of the commissioner are outlined in Title 8, Chapter 1, Section 8 of the Vermont State Code:[4]

Divisions

  • Company Licensing
  • Consumer Information
  • Law, Regulations, Orders, Bulletins & Market Conduct
  • Producer & Individual Licensing
  • Publications & Reports
  • Rates & Forms
  • Workers' Compensation

State budget

The budget for the Division of Insurance in Fiscal Year 2010 was $3,215,896.[5]

Compensation

In 2010, the Vermont Commissioner of Insurance was paid an estimated $96,054 according to the Council of State Governments.[6]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the Vermont Commissioner of Insurance has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

This section displays the most recent stories in a google news search for the term Vermont + Commissioner + Insurance

All stories may not be relevant to this page due to the nature of the search engine.

  • Loading...

Contact information

Vermont

Department of Banking, Insurance, Securities & Health Care Administration
89 Main Street
Montpelier, VT 05620-3101

  • Phone: (802) 828-3301
  • Consumer services: (800) 964-1784

See also

External links

BP-Initials-UPDATED.png
Suggest a link

References