Vermont Department of Financial Regulation

North Country News
11:15 pm
Mon October 28, 2013

Insurance Firm Pays $16K to VT Auto Customers

Credit Thue/Wikimedia Commons - Public Domain

The Department of Financial Regulation says a Wisconsin-based insurance company has paid nearly $16,000 in restitution to Vermont auto insurance customers whose damage claims were not evaluated properly.

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North Country News
8:45 pm
Mon September 9, 2013

VT Health CO-OP's Fate Could be Decided Soon

A Vermont consumer health insurance cooperative launched amid fanfare 15 months ago is expected to hear by the end of this month whether a federal agency will demand repayment of nearly $34 million in loans.

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North Country News
7:45 pm
Thu June 20, 2013

Former Head of Closed Vermont Credit Union Indicted

The only employee of a small northern Vermont credit union that was taken over last year by federal regulators is now facing embezzlement charges.

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5:15 pm
Fri November 30, 2012

Vermont Regulator Closes Border Lodge Credit Union

The Vermont Department of Financial Regulation has closed a Derby Line-based credit union and appointed the National Credit Union Administration to oversee its liquidation.

In a statement issued Friday, the Vermont's top financial regulator, Stephen Kimbell, says the seizure was done in cooperation with federal authorities and came after "examiners discovered issues that raised serious concerns."

He did not say what those concerns were.

He says the credit union's customers will be protected.

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