Vermont Seal


state commissioner

Michael S. Pieciak

STATE phone
(802) 828-3303

State of Vermont Department of Financial Regulation

Appointments & Terminations

Required to report appointments?


Permits Just-in-time (JIT) appointments?


Initial appointment deadlines

Within 15 days of contract execution or first business submission; Earlier of the two

Initial appointment deadline rule

JIT appointments permitted. Appointments must be submitted within 15 days of the date the agent/agency contract is executed or the first piece of business is submitted to the carrier. The appointment submission deadline is the earlier of the two dates

Can be processed via nipr?


Fees for appointing a resident agency or individual?

$60 per LOA

Fees for appointing a non resident agency or individual?

Retaliatory fees that vary by state

Appoint agencies?


Adjuster appointments via NIPR?


Appointment effective date can be specified?


Appointment effective date rule

Required (but ignored) and is the date the transaction is processed by the state. Must be filed within 15 days of the date the agency contract is executed or the first insurance application is.

State requires appointment renewal?

Vermont considers itself perpetual but requires domestic carriers to renew at no cost annually and requires foreign carriers to pay renewals annually.

Appointment renewals via

Via NIPR Portal

When is the state renewal period?

June 3 until June 30, 2022

Appointment renewal fee

Fees don't apply to carriers domiciled in Vermont. $60 per LOA for all states except Massachusetts, Vermont, and Maine. $70 per LOA for Maine carriers. $100 per LOA for Life/Health lines and $150 total for Property and Casualty grouping for Massachusetts carriers.

Appointment Terminated if license expires?


Terminations processed via NIPR?


Termination reasons

Death; appointed in error; cancelled

Termination date can be specified by carrier?


Termination Effective date rule

Required (but ignored) and is the date transaction is processed by the state

Termination fee

No fee


Initial individual new license fee

Resident New License Insurance Producer: $60 Resident New License Surplus Lines Broker: $430 Non Resident New License Insurance Producer: $60 Non Resident New License Surplus Lines Broker: $430

License renewal fee

Insurance Producer Renewal Fee: $30 Surplus Lines Broker Renewal Fee: $400 Limited Lines Producer Renewal Fee: $30 Public Adjuster Renewal Fee: $200 Crop Adjuster Renewal Fee: $120 Worker's Comp Adjuster Renewal Fee: $120 Adjuster Property and Casualty Renewal Fee: $120 Auto Physical Damage Renewal Fee: $120 Title Agent Renewal Fee: $30 Bail Bond Agent Renewal Fee: $30 Consultant Renewal Fee: $200 Life Settlement Broker Renewal Fee: $100 Managing General Agent Renewal Fee: $300 Reinsurance Intermediary Renewal Fee: $200 Portable Electronics Renewal Fee: $30 Nonresident: see retaliatory fees -

When does the resident individual producer license renewal period begin?

90 days before expiration

What is the resident individual producer license renewal date?

March 31 every 2 years in odd-numbered years

When does the nonresident individual producer license renewal period begin?

90 days before expiration

What is the nonresident individual producer license renewal date?

March 31 every 2 years in odd-numbered years

Can a producer use a P.O. Box in their resident or business address?

For individual's business address only

Are individuals required to list their county as part of the address?


What addresses are required for individual license maintenance?

Residence, Business, and Mailing

State individual licenses include

Title Agent, Adjuster-Property and Casualty, Workers Comp Adjuster, Non Resident Workers Compensation Adjuster, Resident Workers Compensation Adjuster, Life Settlement Broker, Surplus Lines Broker, Statistical Rating Organization, Property & Casualty, Consultant, Insurance Producer, Auto-Physical Damage, Managing General Agent, Public Adjusters, Crop Adjuster, Portable Electronics, Life & Health, Bail Bond Agent, Temporary Producer, Reinsurance Intermediary, Limited Lines Producer

Appointment Terminated if license expires?


State broker license rule

Included in Producer License Class. Insurers are not required to appoint Brokers per NAIC PLMA

Broker license notes

Vermont does not issue a broker license. However, all producers are authorized to broker insurance business. Both the experience and bond requirements have been eliminated, and are no longer required

Requires pre licensing courses?


Exam requirements

Exam required before license application

Fingerprints Required?

Not Required

Where to apply for resident license?

NIPR Gateway

Other licensing notes

Applicant must have passed the required exam before applying for the requested license.

What Transactions are Retaliatory Fees Applied to?


What Determines the Retaliatory Fee?

Home state for licensing. MA and ME pay retaliatory fees for Appts

Submit Partial License Renewals through NIPR?


Has Personal Lines LOA?


Deadline to report personal data changes (address, name change, phone number, etc.)

A licensee must notify the Commissioner of a change of residential or business address within 30 days, and must provide certification from the new resident. Contact Change Request supported via NIPR Gateway.


Can a sole proprietor be licensed as an entity?


DRLP must have active state license


DRLPs must cumulatively cover all LOAs in application


Agency Licensing renewals

90 days prior to expiration date until the day after license expiration.

Agency License required?


Affiliations: Indicates if producers selling on behalf of/through an entity must be formally affiliated with that entity and if the entity must notify the department of changes


Branch office

Branch office must be licensed


Requires adjuster license?


Offers designated home state?


DHS exam required?


Reciprocity states


Which states require an exam for reciprocity?


Independent adjuster LOAS

Crop, Workers' Compensation, Property & Casualty

Independent adjuster fees

All Adjuster Fees are found here: Note that Vermont has retaliatory fees meaning that the fee changes based on resident state.

Independent adjuster exam required?


Independent adjuster renewal date

Biennially, on March 31st on even numbered years.

Emergency adjuster details

In the event of an emergency, VT can use adjuster or appraisers who are not licensed in Vermont to adjust claims arising out of the catastrophe. This individual must be licensed in their resident state and send an email to to inform of VT of their intent. Their claim will be reviewed within 90 days for accuracy.

Continuing Education

Total hours per renewal period


Renewal period

2 years

License renewal date is

March 31

License renewal year based on...

Odd-numbered years

When is the CE due?

Prior to license expiration.

How long before expiration does state send CE reminder?

85 days prior to expiration date

Exemptions to CE

CE instructors get credit for teaching courses?


Ethics requirements


Flood-specific CE requirements

3 hours of NFIP course

LTC-specific CE requirements

8-hour initial certification (separate from or in addition to 2 hours of Vermont-specific LTC CE), with 4 hours of LTC-specific training every two years

Regulatory Updates

Vermont Will Update Various Retaliatory Fees

Effective January 1, 2024, Vermont will update various retaliatory fees for the following: Non Resident Licensing,  Non Resident Adjuster Licensing,  Non Resident Adjuster Renewal,  Non Resident Licensing No Home State, Non Resident Renewal No Home State. 

Vermont Bulletin Authorizing Use of Catastrophe Adjusters and Appraisers

Vermont has issued a bulletin authorizing use of catastrophe adjusters and appraisers. See attachment for full details.

Vermont Issues Alert Regarding Use of Catastrophe Adjusters / Appraisers

On July 10, 2023, Vermont issued an alert regarding the use of Catastrophe Adjusters and Appraisers In response to the State of Emergency declared July 9 by Governor Phil Scott following heavy rains and anticipated floodings.   The Commissioner of the Department of Financial Regulation  announced that the Department is preemptively allowing property and casualty insurance carriers to use individual adjusters not licensed in Vermont.   See attachment for full details.

Vermont Implements New Transaction Type to Process Individual Primary Name Updates

Effective June 9th, 2023, a new transaction type will be implemented for Vermont to process individual and business entity primary name updates.

Vermont 2023 Company Appointment Renewals

Vermont has released their 2023 Company Appointment Renewal dates for all active appointments. The renewal period is June 3 through June 30, 2023 and the termination deadline is May 31

Vermont to Add a New Mappings for Appointment and Terminations

Effective May 12, 2023, Vermont will add mappings to the Appointment and Terminations application for Credit and Variable Life and Variable Annuities.

Vermont to Populate Original Appointment Date

Beginning on 10/14/2022 Vermont will populate the Original Appointment Date. Previously they were populating the appointment effective date in the PDB.

Vermont Revisits Travel Requirements

Limited lines refers to a licensed MGA or TPA, a licensed producer (including limited lines producer), and a travel administrator. This announcement then further defines travel admins and travels insurance.

Vermont 2022 Carrier Appointment Dates

This is a reminder that on June 3, 2022, VT will be displaying the Vermont 2022 Appointment Renewal Invoices. The renewal period is June 3-30.

Vermont Announces Departure of DFR Commissioner Mike Pieciak

Effective May 16, DFR Commissioner Mike Pieciak will be pursuing new opportunities. In the interim, Deputy Commissioner Kevin Gaffney will serve in this role.

Vermont 2022 Company Appointment Renewal Dates

The Company appointment renewal period is 6/3/22 - 6/30/22.

NASAA Updates IAR CE Member Adoption list on its Website

NASAA provides an updated version of the IAR CE Member Adoption list on its website.