CODE OF VIRGINIA ACTION WITHIN POWER OF COMMISSION (§ 46.2-467) The Commission may, in its discretion, after reviewing all information pertaining to the applicant or policyholder available from its records, the records of the Department or from other sources: 1. Refuse to assign an application; 2. Approve the rejection of an application by an insurance carrier; 3. Approve the cancellation of a policy of motor vehicle liability, physical damage, and medical payments insurance by an insurance carrier; or 4. Refuse to approve the renewal or the reassignment of an expiring policy. HISTORY: Code 1950, § 46-488; 1958, c. 541, § 46.1-499; 1972, c. 842; 1989, c. 727.