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  • Title 38.2: Insurance
  • Chapter 4: Assessment for Administration of Insurance Laws and Declarations of Estimated Assessments by Insurers

Assessment for Administration of Insurance Laws and Declarations of Estimated Assessments by Insurers

This is the 2025 edition of the code. There is not the current edition. Browse all editions.

This is Chapter 4 of the Code of Virginia, titled “Assessment for Administration of Insurance Laws and Declarations of Estimated Assessments by Insurers.” It is part of Title 38.2 “Insurance”.

It’s comprised of the following 14 sections.

§ 38.2-400 Expense of administration of insurance laws borne by licensees; minimum contribution
§ 38.2-401 (Effective July 1, 2026) Fire Programs Fund
§ 38.2-401.1 Dam Safety, Flood Prevention and Protection Assistance Fund assessment
§ 38.2-402 Definitions
§ 38.2-403 Assessment for expenses
§ 38.2-403.1 Omitted assessments
§ 38.2-404 Recovery of such assessments; revocation or suspension of license
§ 38.2-405 Application for correction of assessment
§ 38.2-406 Report of gross premium income
§ 38.2-407 Repealed
§ 38.2-412 Companies going out of business
§ 38.2-413 Double assessment respecting same direct gross premium income negated
§ 38.2-414 Assessments to fund program to reduce losses from motor vehicle thefts
§ 38.2-415 Assessment to fund program to reduce losses from insurance fraud

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