CODE OF VIRGINIA

APPLICATION TO STATE CORPORATION COMMISSION FOR ASSIGNMENT OF RISK; INSURER
ASSIGNED RISK TO ISSUE POLICY (§ 65.2-820)

Every employer subject to the provisions of this chapter who has been unable to
obtain a workers’ compensation insurance policy shall have the right to
apply to the State Corporation Commission to have his risk assigned to an
insurance carrier licensed to write and writing workers’ compensation
insurance in this Commonwealth.  The insurance carrier, whether stock, mutual,
reciprocal or interinsurer or other type or form of organization, to whom any
such risk is assigned shall issue a policy of workers’ compensation
insurance which will enable such employer to meet the requirements of this
chapter.

HISTORY: Code 1950, § 65-114.1; 1956, c. 358; 1968, c. 660, § 65.1-119; 1991,
c. 355.