Yes. Are you on one of Verizon's Share Everything plans? If so, hotspot functionality is included in your data plan, so you can just turn on the hotspot, connect your laptop to it, and then your laptop will use your phone's internet connection.
If you're not on one of those plans, you still have some options: There are apps in the market such as Easy Tether and PdaNet that you could look at that allow you to tether the phone to the laptop via a USB cable.
Or you can pay Verizon for the hotspot functionality (not sure how much this is). Or you can root your phone and still use the hotspot functionality for free.
Hope that helps.