Introduced by Representative Kitzmiller of Montpelier
Subject: Banking and insurance; insurance companies generally; purposes
Statement of purpose: This bill proposes to clarify that the regulation of the business of insurance does not apply to optional waivers of liability provisions in a contract from a provider of communications services.
AN ACT RELATING TO OPTIONAL WAIVERS OF LIABILITY IN A CONTRACT FROM A PROVIDER OF COMMUNICATIONS SERVICES
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 8 V.S.A. § 3301(f) is added to read:
(f) The provisions of this title relating to the regulation of the business of insurance shall not apply to an optional waiver of liability provision in a contract or contract addendum between a provider of communications services involving the transmission, conveyance, or routing of voice, data, audio, video, or any other information or signals by or through any electronic, radio, satellite, cable, optical, microwave, or other medium or method now in existence or hereafter devised, regardless of the protocol used for transmission, including cable service, internet access service, voice over internet service, telephone service, or wireless telephone service, and the provider’s customers under which the provider agrees to waive all or a portion of the customer's liability to the provider for a defined period in the event of the customer's call to active military service, involuntary unemployment, death, disability, hospitalization, marriage, divorce, evacuation, displacement due to natural disaster or other cause, qualification for family leave, or similar qualifying event or condition.
The Vermont General Assembly
115 State Street