79583738.2-1600Virginia Decodedhttps://vacode.org2016InsuranceVirginia Property And Casualty Insurance Guaranty AssociationEstablishment And Operation Of The AssociationPurpose1970, c. 766, § 38.1-757; 1986, c. 562.The purpose of this chapter is to establish an association that shall provide prompt payment of covered claims to reduce financial loss to claimants or policyholders resulting from the insolvency of an insurer. This association shall assist in the detection and prevention of insurer insolvencies and shall apportion the cost of this protection among insurers.section1Franklin Mortg. Corp. v. WalkerRecord No. 0725-86-4367 S.E.2d 1911988-04-05https://www.courtlistener.com/opinion/1225849/franklin-mortg-corp-v-walker/ . . . further ignores the Virginia Guaranty Fund, Code § 38.2-16001623, which was enacted to provide . . . <abbr title="Court of Appeals">COA</abbr>Bogle Development Co., Inc. v. Buie950065463 S.E.2d 4671995-11-03https://www.courtlistener.com/opinion/1060244/bogle-development-co-inc-v-buie/ . . . it "involves interpreting Code Sections 38.2-1600 et seq." and because "the rights of …Company . . . <abbr title="Supreme Court of Virginia">SCV</abbr>Va. Property & Cas. Ins. v. Intern. Ins.Record No. 871130385 S.E.2d 6141989-11-10https://www.courtlistener.com/opinion/1228951/va-property-cas-ins-v-intern-ins/ . . . ., Code §§ 38.1-763(c) (1981 and Supp. 1985), 38.2-1600, 38.2-1603 (1986 and Supp. 1989). . . . <abbr title="Supreme Court of Virginia">SCV</abbr>Uninsured Employer's Fund v. Mounts2116963484 S.E.2d 1401997-04-22https://www.courtlistener.com/opinion/1067492/uninsured-employers-fund-v-mounts/ . . . insurance companies are insolvent, see Code § 38.2-1600, that he was filing for benefits for . . . <abbr title="Court of Appeals">COA</abbr>Northland Ins. v. Va. Prop. & Cas. Ins.Record No. 891388392 S.E.2d 6821990-06-08https://www.courtlistener.com/opinion/1303366/northland-ins-v-va-prop-cas-ins/ . . . Casualty Insurance Guaranty Association Act, Code §§ 38.2-1600 through -1623 (the Guaranty Act), . . . <abbr title="Supreme Court of Virginia">SCV</abbr>Uninsured Employer's Fund v. Mounts971074497 S.E.2d 4641998-02-27https://www.courtlistener.com/opinion/1059926/uninsured-employers-fund-v-mounts/ . . . resulting from an insurer's insolvency, § 38.2-1600, is obligated to pay such claims that . . . <abbr title="Supreme Court of Virginia">SCV</abbr>Uninsured Employer's Fund v. Flanary1521973497 S.E.2d 9121998-04-21https://www.courtlistener.com/opinion/1066923/uninsured-employers-fund-v-flanary/ . . . this protection among insurers." Code § 38.2-1600. The Supreme Court has noted that the statutes . . . <abbr title="Court of Appeals">COA</abbr> . . . Boyd and Stevenson Coal Company Old Republic Insurance . . . 02-1088407 F.3d 6632005-07-21https://www.courtlistener.com/opinion/790203/boyd-and-stevenson-coal-company-old-republic-insurance-company-v-director/ . . . pursuant to Virginia Code Annotated sections 38.2-1600 and 38.2-1606, the Virginia Property and . . . Court of Appeals for the Fourth CircuitBoyd and Stevenson v. DOWCP02-10882005-07-21https://www.courtlistener.com/opinion/2968172/boyd-and-stevenson-v-dowcp/ . . . . . . Court of Appeals for the Fourth Circuithttp://law.lis.virginia.gov/vacode/38.2-1600//38.2-1600/38.2/16/1/38.2-160038.2-13638.2-160238.2-161838.2-161938.2-4806