A government entity in each state or territory administers insurance laws and licenses and regulates insurance agents and companies. Direct Insurance can be a stand-alone government agency or a division of another department.

Direct Insurance enforces statutes and regulations applicable to the operation of insurance companies, the issuance of insurance policies, the handling of complaints, and the dissemination of public insurance information.

Direct Insurance enforces rules for the insurance business in each state. Source of information about all types of insurance; also handles consumer inquiries and complaints.

Facilities Provided by Direct Insurance :

• On-site examination of insurance company finances and reserves.
• Review of company annual statements.
• Licensing of agents and companies.
• Analysis and approval of all policies (filings) sold in the Vermont market.
• Approval of rates.
• Formulation of laws and regulations.
• Enforcement activities.
• Market conduct surveillance.
• Consumer education and assistance.