Regulatory Alerts2026-05-19
Added · Updated
Consent Order Regarding Hanover Insurance Company
The Vermont Department of Financial Regulation issued a Consent Order against Hanover Insurance Company to formally resolve insurance regulatory violations detailed in an accompanying stipulation. The order legally incorporates the respondent’s factual admissions, legal conclusions, and agreed-upon remedial measures as binding findings and enforceable conditions. Failure to comply with these terms constitutes a violation of Vermont insurance law subject to injunctive relief, sanctions, and enhanced penalties, while explicitly preserving the Commissioner’s independent authority to investigate unresolved conduct and adjudicate consumer complaints.
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