{"data":{"id":"us-vt/8-v.s.a.-4681","jurisdiction":"us-vt","citation":"8 V.S.A. § 4681","heading":"Purposes","body":"The purposes of this chapter are:\n(1) to prohibit price fixing agreements and other anticompetitive behavior by or among insurers;\n(2) to protect policyholders and the public against the adverse effects of excessive, inadequate, or unfairly discriminatory rates;\n(3) to promote price competition among insurers so as to provide rates that are responsive to competitive market conditions;\n(4) to provide regulatory controls in the absence of competition;\n(5) to promote availability, fairness, and reliability of insurance;\n(6) to authorize cooperative action among insurers in ratemaking and to regulate such activity to prevent practices that tend to substantially lessen competition or create a monopoly; and\n(7) to cause the availability of price and other information to enable the public to purchase insurance suitable for their needs and to foster competitive insurance markets.","path":["Title 8: Banking and Insurance","Chapter 128: Property and Casualty Insurance Rate Regulation","Subchapter 001: INSURANCE RATES AND STATISTICS"],"source_url":"https://legislature.vermont.gov/statutes/section/08/128/04681","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T13:50:51Z","sha256":"58fca64c8dc105e4654b5669042d1a7b6857bc728bb251899f1258379596f760","source_id":"us-vt","stale":false,"prev":"us-vt/8-v.s.a.-4675","next":"us-vt/8-v.s.a.-4682"},"notice":"GroundRules: Original legal text. Not legal advice."}