Licensing of Insurers

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This is Article 5 of the Code of Virginia, titled “Licensing of Insurers.” It is part of Chapter 10 “Organization, Admission and Licensing of Insurers”, which is part of Title 38.2 “Insurance”.

It’s comprised of the following 17 sections.

§ 38.2-1024	License required to transact the business of insurance; application fee requirements for license
§ 38.2-1025	Annual renewal of license
§ 38.2-1026	Retaliatory provisions as to taxes, fees, deposits and other requirements
§ 38.2-1027	Admission of foreign and alien insurers
§ 38.2-1028	Additional licensing requirements for stock insurers
§ 38.2-1029	Additional licensing requirements for mutual insurers
§ 38.2-1030	Surplus requirements for issuing policies without contingent liability
§ 38.2-1031	Additional requirements, alien insurers
§ 38.2-1032	Additional licensing requirements for domestic insurers
§ 38.2-1033	Additional licensing requirements for foreign insurers
§ 38.2-1034	How domestic mutual insurers may acquire initial surplus
§ 38.2-1035	Domestic insurers to maintain minimum capital and surplus; proceedings by Commission if impairment found
§ 38.2-1036	Impairment of capital and surplus of foreign and alien company ground for suspension or revocation of license
§ 38.2-1037	Exceptions for licensed and operating insurers
§ 38.2-1038	Authority of Commission to issue orders covering insurers in hazardous financial condition
§ 38.2-1039	Enjoining unlicensed foreign or alien insurers from transacting the business of insurance in Commonwealth
§ 38.2-1039.1	Risk retention groups