{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-2503.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-2503.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-2503.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-2503.html"}],"law_id":361875,"edition_id":2,"section_id":361875,"structure_id":51718,"section_number":"38.2-2503","catch_line":"Classes of insurance that may be written by mutual assessment property and casualty insurers; minimum surplus to policyholders required","history":"Code 1950, \u00a7\u00a7 38-523, 38-526, 38-529; 1952, c. 317, \u00a7 38.1-659; 1954, c. 161; 1960, c. 292; 1962, c. 172; 1974, c. 244; 1986, c. 562.","full_text":"A\n\nAny mutual assessment property and casualty insurer with surplus to policyholders of at least $25,000 may write the following classes:\n\n1\n\nFire insurance as defined in § 38.2-110;\n\n2\n\nMiscellaneous property damage insurance as defined in § 38.2-111; and\n\n3\n\nAnimal insurance as defined in § 38.2-116.\n\nB\n\nAny mutual assessment property and casualty insurer with surplus to policyholders of at least $100,000 may write the following classes of insurance, in addition to those classes enumerated in subsection A of this section:\n\n1\n\nWater damage insurance as defined in § 38.2-112;\n\n2\n\nBurglary and theft insurance as defined in § 38.2-113;\n\n3\n\nGlass insurance as defined in § 38.2-114;\n\n4\n\nBoiler and machinery insurance as defined in § 38.2-115;\n\n5\n\nPersonal injury liability insurance as defined in § 38.2-117;\n\n6\n\nProperty damage liability insurance as defined in § 38.2-118;\n\n7\n\nMarine insurance as defined in § 38.2-126;\n\n8\n\nHome protection insurance as defined in § 38.2-129;\n\n9\n\nHomeowners insurance as defined in § 38.2-130;\n\n10\n\nFarmowners insurance as defined in § 38.2-131;\n\n11\n\nCommercial multi-peril insurance as defined in § 38.2-132; and\n\n12\n\nContingent and consequential losses insurance as defined in § 38.2-133.\n\t\t\t\tThe liability coverages specified in this subsection may be written only by insurers having a surplus to policyholders of at least $300,000 unless the coverages are fully reinsured.\n\nC\n\nAny mutual assessment property and casualty insurer with surplus to policyholders of at least $800,000 may write the following classes of insurance, in addition to those classes enumerated in subsections A and B of this section:\n\n1\n\nWorkers’ compensation and employers’ liability insurance as defined in § 38.2-119;\n\n2\n\nFidelity insurance as defined in § 38.2-120;\n\n3\n\nSurety insurance as defined in § 38.2-121;\n\n4\n\nCredit insurance as defined in § 38.2-122;\n\n5\n\nMotor vehicle insurance as defined in § 38.2-124;\n\n6\n\nAircraft insurance as defined in § 38.2-125;\n\n7\n\nLegal services insurance as defined in § 38.2-127; and\n\n8\n\nMortgage guaranty insurance as defined in § 38.2-128.\n\n","order_by":null,"text":{"0":{"id":1347282,"text":"Any mutual assessment property and casualty insurer with surplus to policyholders of at least $25,000 may write the following classes:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":1347283,"text":"Fire insurance as defined in § 38.2-110;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":1347284,"text":"Miscellaneous property damage insurance as defined in § 38.2-111; and","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":1347285,"text":"Animal insurance as defined in § 38.2-116.","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"B"},"4":{"id":1347286,"text":"Any mutual assessment property and casualty insurer with surplus to policyholders of at least $100,000 may write the following classes of insurance, in addition to those classes enumerated in subsection A of this section:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A3","next_prefix":"B1"},"5":{"id":1347287,"text":"Water damage insurance as defined in § 38.2-112;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"6":{"id":1347288,"text":"Burglary and theft insurance as defined in § 38.2-113;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"7":{"id":1347289,"text":"Glass insurance as defined in § 38.2-114;","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"8":{"id":1347290,"text":"Boiler and machinery insurance as defined in § 38.2-115;","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"9":{"id":1347291,"text":"Personal injury liability insurance as defined in § 38.2-117;","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"B6"},"10":{"id":1347292,"text":"Property damage liability insurance as defined in § 38.2-118;","type":"section","prefixes":["B","6"],"prefix":"6","entire_prefix":"B6","prefix_anchor":"B6","level":2,"prior_prefix":"B5","next_prefix":"B7"},"11":{"id":1347293,"text":"Marine insurance as defined in § 38.2-126;","type":"section","prefixes":["B","7"],"prefix":"7","entire_prefix":"B7","prefix_anchor":"B7","level":2,"prior_prefix":"B6","next_prefix":"B8"},"12":{"id":1347294,"text":"Home protection insurance as defined in § 38.2-129;","type":"section","prefixes":["B","8"],"prefix":"8","entire_prefix":"B8","prefix_anchor":"B8","level":2,"prior_prefix":"B7","next_prefix":"B9"},"13":{"id":1347295,"text":"Homeowners insurance as defined in § 38.2-130;","type":"section","prefixes":["B","9"],"prefix":"9","entire_prefix":"B9","prefix_anchor":"B9","level":2,"prior_prefix":"B8","next_prefix":"B10"},"14":{"id":1347296,"text":"Farmowners insurance as defined in § 38.2-131;","type":"section","prefixes":["B","10"],"prefix":"10","entire_prefix":"B10","prefix_anchor":"B10","level":2,"prior_prefix":"B9","next_prefix":"B11"},"15":{"id":1347297,"text":"Commercial multi-peril insurance as defined in § 38.2-132; and","type":"section","prefixes":["B","11"],"prefix":"11","entire_prefix":"B11","prefix_anchor":"B11","level":2,"prior_prefix":"B10","next_prefix":"B12"},"16":{"id":1347298,"text":"Contingent and consequential losses insurance as defined in § 38.2-133.\n\t\t\t\tThe liability coverages specified in this subsection may be written only by insurers having a surplus to policyholders of at least $300,000 unless the coverages are fully reinsured.","type":"section","prefixes":["B","12"],"prefix":"12","entire_prefix":"B12","prefix_anchor":"B12","level":2,"prior_prefix":"B11","next_prefix":"C"},"17":{"id":1347299,"text":"Any mutual assessment property and casualty insurer with surplus to policyholders of at least $800,000 may write the following classes of insurance, in addition to those classes enumerated in subsections A and B of this section:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B12","next_prefix":"C1"},"18":{"id":1347300,"text":"Workers’ compensation and employers’ liability insurance as defined in § 38.2-119;","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"19":{"id":1347301,"text":"Fidelity insurance as defined in § 38.2-120;","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1","next_prefix":"C3"},"20":{"id":1347302,"text":"Surety insurance as defined in § 38.2-121;","type":"section","prefixes":["C","3"],"prefix":"3","entire_prefix":"C3","prefix_anchor":"C3","level":2,"prior_prefix":"C2","next_prefix":"C4"},"21":{"id":1347303,"text":"Credit insurance as defined in § 38.2-122;","type":"section","prefixes":["C","4"],"prefix":"4","entire_prefix":"C4","prefix_anchor":"C4","level":2,"prior_prefix":"C3","next_prefix":"C5"},"22":{"id":1347304,"text":"Motor vehicle insurance as defined in § 38.2-124;","type":"section","prefixes":["C","5"],"prefix":"5","entire_prefix":"C5","prefix_anchor":"C5","level":2,"prior_prefix":"C4","next_prefix":"C6"},"23":{"id":1347305,"text":"Aircraft insurance as defined in § 38.2-125;","type":"section","prefixes":["C","6"],"prefix":"6","entire_prefix":"C6","prefix_anchor":"C6","level":2,"prior_prefix":"C5","next_prefix":"C7"},"24":{"id":1347306,"text":"Legal services insurance as defined in § 38.2-127; and","type":"section","prefixes":["C","7"],"prefix":"7","entire_prefix":"C7","prefix_anchor":"C7","level":2,"prior_prefix":"C6","next_prefix":"C8"},"25":{"id":1347307,"text":"Mortgage guaranty insurance as defined in § 38.2-128.","type":"section","prefixes":["C","8"],"prefix":"8","entire_prefix":"C8","prefix_anchor":"C8","level":2,"prior_prefix":"C7"}},"ancestry":[{"id":51718,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51717,"metadata":{"child_laws":8,"child_structures":0},"date_created":"2026-08-02 02:47:11","date_modified":"2026-08-02 12:33:07","permalink":{"id":1440815,"object_type":"structure","relational_id":51718,"identifier":"1","token":"38.2\/25\/1","url":"\/38.2\/25\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51717,"edition_id":2,"name":"Mutual Assessment Property and Casualty Insurers","identifier":"25","label":"chapter","depth":2,"order_by":25,"parent_id":51644,"metadata":{"child_laws":30,"child_structures":5},"date_created":"2026-08-02 02:47:11","date_modified":"2026-08-02 12:33:07","permalink":{"id":1440813,"object_type":"structure","relational_id":51717,"identifier":"25","token":"38.2\/25","url":"\/38.2\/25\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":361872,"structure_id":51718,"section_number":"38.2-2500","catch_line":"Scope of chapter","url":"\/38.2-2500\/","token":"38.2\/25\/1\/38.2-2500","metadata":false},{"id":361873,"structure_id":51718,"section_number":"38.2-2501","catch_line":"Definitions","url":"\/38.2-2501\/","token":"38.2\/25\/1\/38.2-2501","metadata":false},{"id":361874,"structure_id":51718,"section_number":"38.2-2502","catch_line":"Mutual assessment insurance authorized","url":"\/38.2-2502\/","token":"38.2\/25\/1\/38.2-2502","metadata":false},{"id":361875,"structure_id":51718,"section_number":"38.2-2503","catch_line":"Classes of insurance that may be written by mutual assessment property and casualty insurers; minimum surplus to policyholders required","url":"\/38.2-2503\/","token":"38.2\/25\/1\/38.2-2503","metadata":false},{"id":361876,"structure_id":51718,"section_number":"38.2-2504","catch_line":"Property beyond authorized territory","url":"\/38.2-2504\/","token":"38.2\/25\/1\/38.2-2504","metadata":false},{"id":361877,"structure_id":51718,"section_number":"38.2-2505","catch_line":"Risks limited to those specified in this chapter; personal liability for loss","url":"\/38.2-2505\/","token":"38.2\/25\/1\/38.2-2505","metadata":false},{"id":361878,"structure_id":51718,"section_number":"38.2-2506","catch_line":"What laws applicable","url":"\/38.2-2506\/","token":"38.2\/25\/1\/38.2-2506","metadata":false},{"id":361879,"structure_id":51718,"section_number":"38.2-2507","catch_line":"Conversion of mutual assessment property and casualty insurers","url":"\/38.2-2507\/","token":"38.2\/25\/1\/38.2-2507","metadata":false}],"previous_section":{"id":361874,"structure_id":51718,"section_number":"38.2-2502","catch_line":"Mutual assessment insurance authorized","url":"\/38.2-2502\/","token":"38.2\/25\/1\/38.2-2502","metadata":false},"next_section":{"id":361876,"structure_id":51718,"section_number":"38.2-2504","catch_line":"Property beyond authorized territory","url":"\/38.2-2504\/","token":"38.2\/25\/1\/38.2-2504","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2503\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 6 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1954, chapter 161; in 1960, chapter 292; in 1962, chapter 172; in 1974, chapter 244; in 1986, chapter 562.<\/p>","references":[{"id":361889,"section_number":"38.2-2517","catch_line":"Policy forms to be filed","order_by":null,"url":"\/38.2-2517\/"},{"id":361897,"section_number":"38.2-2525","catch_line":"Agents licenses required","order_by":null,"url":"\/38.2-2525\/"},{"id":361898,"section_number":"38.2-2526","catch_line":"Surplus to policyholders","order_by":null,"url":"\/38.2-2526\/"},{"id":371321,"section_number":"58.1-2502","catch_line":"Exemptions and exclusions","order_by":null,"url":"\/58.1-2502\/"}],"refers_to":[{"id":361211,"section_number":"38.2-110","catch_line":"Fire","order_by":null,"url":"\/38.2-110\/"},{"id":361222,"section_number":"38.2-111","catch_line":"Miscellaneous property and casualty","order_by":null,"url":"\/38.2-111\/"},{"id":361223,"section_number":"38.2-112","catch_line":"Water damage","order_by":null,"url":"\/38.2-112\/"},{"id":361224,"section_number":"38.2-113","catch_line":"Burglary and theft","order_by":null,"url":"\/38.2-113\/"},{"id":361225,"section_number":"38.2-114","catch_line":"Glass insurance","order_by":null,"url":"\/38.2-114\/"},{"id":361226,"section_number":"38.2-115","catch_line":"Boiler and machinery","order_by":null,"url":"\/38.2-115\/"},{"id":361227,"section_number":"38.2-116","catch_line":"Animal","order_by":null,"url":"\/38.2-116\/"},{"id":361228,"section_number":"38.2-117","catch_line":"Personal injury liability","order_by":null,"url":"\/38.2-117\/"},{"id":361229,"section_number":"38.2-118","catch_line":"Property damage liability","order_by":null,"url":"\/38.2-118\/"},{"id":361230,"section_number":"38.2-119","catch_line":"Workers' compensation and employers' liability","order_by":null,"url":"\/38.2-119\/"},{"id":361231,"section_number":"38.2-120","catch_line":"Fidelity","order_by":null,"url":"\/38.2-120\/"},{"id":361242,"section_number":"38.2-121","catch_line":"Surety","order_by":null,"url":"\/38.2-121\/"},{"id":361255,"section_number":"38.2-122","catch_line":"Credit","order_by":null,"url":"\/38.2-122\/"},{"id":361269,"section_number":"38.2-124","catch_line":"Motor vehicle","order_by":null,"url":"\/38.2-124\/"},{"id":361270,"section_number":"38.2-125","catch_line":"Aircraft","order_by":null,"url":"\/38.2-125\/"},{"id":361271,"section_number":"38.2-126","catch_line":"Marine","order_by":null,"url":"\/38.2-126\/"},{"id":361272,"section_number":"38.2-127","catch_line":"Legal services insurance","order_by":null,"url":"\/38.2-127\/"},{"id":361273,"section_number":"38.2-128","catch_line":"Mortgage guaranty insurance","order_by":null,"url":"\/38.2-128\/"},{"id":361274,"section_number":"38.2-129","catch_line":"Home protection insurance","order_by":null,"url":"\/38.2-129\/"},{"id":361275,"section_number":"38.2-130","catch_line":"Homeowners insurance","order_by":null,"url":"\/38.2-130\/"},{"id":361288,"section_number":"38.2-131","catch_line":"Farmowners insurance","order_by":null,"url":"\/38.2-131\/"},{"id":361310,"section_number":"38.2-132","catch_line":"Commercial multi-peril insurance","order_by":null,"url":"\/38.2-132\/"},{"id":361327,"section_number":"38.2-133","catch_line":"Contingent and consequential losses","order_by":null,"url":"\/38.2-133\/"}],"permalink":{"id":1440829,"object_type":"law","relational_id":361875,"identifier":"38.2-2503","token":"38.2\/25\/1\/38.2-2503","url":"\/38.2-2503\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-2503\/","token":"38.2\/25\/1\/38.2-2503","dublin_core":{"Title":"Classes of insurance that may be written by mutual assessment property and casualty insurers; minimum surplus to policyholders required","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2503","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Any mutual assessment property and casualty insurer<\/span> with surplus to policyholders<\/span> of at least $25,000 may write the following classes: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Fire insurance<\/span> as defined in § 38.2-110<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Miscellaneous property damage insurance<\/span> as defined in § 38.2-111<\/a>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Animal insurance<\/span> as defined in § 38.2-116<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Any mutual assessment property and casualty insurer<\/span> with surplus to policyholders<\/span> of at least $100,000 may write the following classes of insurance<\/span>, in addition to those classes enumerated in subsection A of this section: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Water damage insurance<\/span> as defined in § 38.2-112<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Burglary<\/span> and theft insurance<\/span> as defined in § 38.2-113<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Glass insurance<\/span> as defined in § 38.2-114<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Boiler and machinery insurance<\/span> as defined in § 38.2-115<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Personal injury liability insurance<\/span> as defined in § 38.2-117<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Property damage liability insurance<\/span> as defined in § 38.2-118<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> Marine insurance<\/span> as defined in § 38.2-126<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> Home protection insurance<\/span> as defined in § 38.2-129<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

9.<\/span> Homeowners insurance<\/span> as defined in § 38.2-130<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

10.<\/span> Farmowners insurance<\/span> as defined in § 38.2-131<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

11.<\/span> Commercial multi-peril insurance<\/span> as defined in § 38.2-132<\/a>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

12.<\/span> Contingent and consequential losses insurance<\/span> as defined in § 38.2-133<\/a>.\n\t\t\t\tThe liability coverages specified in this subsection may be written only by insurers<\/span> having a surplus to policyholders<\/span> of at least $300,000 unless the coverages are fully reinsured. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Any mutual assessment property and casualty insurer<\/span> with surplus to policyholders<\/span> of at least $800,000 may write the following classes of insurance<\/span>, in addition to those classes enumerated in subsections A and B of this section: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Workers’ compensation and employers’ liability insurance<\/span> as defined in § 38.2-119<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Fidelity insurance<\/span> as defined in § 38.2-120<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Surety<\/span> insurance<\/span> as defined in § 38.2-121<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Credit insurance<\/span> as defined in § 38.2-122<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Motor vehicle insurance<\/span> as defined in § 38.2-124<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> Aircraft insurance<\/span> as defined in § 38.2-125<\/a>; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

7.<\/span> Legal services insurance<\/span> as defined in § 38.2-127<\/a>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

8.<\/span> Mortgage guaranty insurance<\/span> as defined in § 38.2-128<\/a>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCLASSES OF INSURANCE THAT MAY BE WRITTEN BY MUTUAL ASSESSMENT PROPERTY AND\nCASUALTY INSURERS; MINIMUM SURPLUS TO POLICYHOLDERS REQUIRED (\u00a7 38.2-2503)\n\nA. Any mutual assessment property and casualty insurer with surplus to\npolicyholders of at least $25,000 may write the following classes:\n\n 1. Fire insurance as defined in § 38.2-110;\n\n 2. Miscellaneous property damage insurance as defined in § 38.2-111; and\n\n 3. Animal insurance as defined in § 38.2-116.\n\nB. Any mutual assessment property and casualty insurer with surplus to\npolicyholders of at least $100,000 may write the following classes of insurance,\nin addition to those classes enumerated in subsection A of this section:\n\n 1. Water damage insurance as defined in § 38.2-112;\n\n 2. Burglary and theft insurance as defined in § 38.2-113;\n\n 3. Glass insurance as defined in § 38.2-114;\n\n 4. Boiler and machinery insurance as defined in § 38.2-115;\n\n 5. Personal injury liability insurance as defined in § 38.2-117;\n\n 6. Property damage liability insurance as defined in § 38.2-118;\n\n 7. Marine insurance as defined in § 38.2-126;\n\n 8. Home protection insurance as defined in § 38.2-129;\n\n 9. Homeowners insurance as defined in § 38.2-130;\n\n 10. Farmowners insurance as defined in § 38.2-131;\n\n 11. Commercial multi-peril insurance as defined in § 38.2-132; and\n\n 12. Contingent and consequential losses insurance as defined in §\n 38.2-133.\n \t\t\t\tThe liability coverages specified in this subsection may be written only\n by insurers having a surplus to policyholders of at least $300,000 unless the\n coverages are fully reinsured.\n\nC. Any mutual assessment property and casualty insurer with surplus to\npolicyholders of at least $800,000 may write the following classes of insurance,\nin addition to those classes enumerated in subsections A and B of this section:\n\n 1. Workers’ compensation and employers’ liability insurance as\n defined in § 38.2-119;\n\n 2. Fidelity insurance as defined in § 38.2-120;\n\n 3. Surety insurance as defined in § 38.2-121;\n\n 4. Credit insurance as defined in § 38.2-122;\n\n 5. Motor vehicle insurance as defined in § 38.2-124;\n\n 6. Aircraft insurance as defined in § 38.2-125;\n\n 7. Legal services insurance as defined in § 38.2-127; and\n\n 8. Mortgage guaranty insurance as defined in § 38.2-128.\n\nHISTORY: Code 1950, \u00a7\u00a7 38-523, 38-526, 38-529; 1952, c. 317, \u00a7 38.1-659;\n1954, c. 161; 1960, c. 292; 1962, c. 172; 1974, c. 244; 1986, c. 562.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}