Vermont Statutes Annotated
Vt. Stat. Ann. tit. 08, § 4721 (2026)
Purpose
✓ current as of May 2026
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(Cite as: 8 V.S.A. § 4721)
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§ 4721. Purpose
The purpose of sections 4721-4733 of this title is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in The McCarran-Ferguson Act, 15 U.S.C. §§ 1011-1015, by defining, or providing for the determination of, practices in this State that constitute unfair methods of competition or unfair or deceptive acts or practices and by prohibiting the trade practices so defined or determined. (Amended 1973, No. 216 (Adj. Sess.), § 1, eff. May 1, 1974.)
Notes of Decisions
Cited in 3
cases (1 in the last 5 years), 2010–2025 · leading case: Nautilus Ins. Co. v. Loomis (Vt. Super. Ct. 2012).
Nautilus Ins. Co. v. Loomis (Vt. Super. Ct. 2012). “Claims under the Insurance Trade Practices Act Defendant asserts that Clerkin violated the Insurance Trade Practices Act (ITPA), 8 V.S.A. § 4721 et seq. Defendant further asserts that because a private right of action exists against insurance finance companies under 8 V.”
Sunset Farm v. Frankenmuth (Vt. Super. Ct. 2025). “It also argues that Sunset Farm’s Insurance Trade Practices Act (ITPA), 8 V.S.A. §§ 4721–4728, and CPA claims Entry Regarding Motion Page 1 of 4 25-CV-02684 Sunset Farm Condominium Association v.”
Hicks v. Liberty Mut. Grp., Inc. (Vt. Super. Ct. 2010). “On October 28, 2010, plaintiff moved to amend the complaint to add a claim under the Vermont Fair Claims Practices Act, 8 V.S.A. § 4721. The motion is denied as futile because it is well-established that the statutory section relied upon provides administrative sanctions for…”
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