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

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. 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 contains 14 laws.

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§ 38.2-407	Repealed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