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Definitions (§ 38.2-1845.1)
2016As used in this article:”Catastrophic disaster” means an event where the President of the United States or the Governor of the Commonwealth has declared a state of emergency.”Home state” means the District of Columbia and any . . .
Bonds made securities for investment and deposit (§ 5.1-2.12)
2016Bonds issued by the Board under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all insurance companies, trust companies, banking association . . .
Certain sections of Code incorporated by reference; definitions (§ 5.1-88.3)
2016The provisions of §§ 46.2-424, 46.2-447, 46.2-448, 46.2-449, 46.2-450, 46.2-451, 46.2-452, 46.2-456, 46.2-457, 46.2-458, 46.2-461, and 46.2-463 shall apply to all policies of insurance or other evidence of financial responsibility furnished hereund . . .
Examinations (§ 38.2-5808)
2016A In lieu of or in addition to making its own examination of an MCHIP and its health carrier, the Commission may accept the report of an examination of the health carrier or other person responsible for the MCHIP under the laws of another state certi . . .
Insurance policies and similar (§ 64.2-1015)
2016A Except as otherwise provided in subsection B, a trustee shall allocate to principal the proceeds of a life insurance policy or other contract in which the trust or its trustee is named as beneficiary, including a contract that insures the trust or . . .
(Effective December 1, 2016) Appointment of Chief Executive Officer (§ 2.2-2739)
2016The Governor, in consultation with the Board, shall appoint a Chief Executive Officer of the Corporation. The Chief Executive Officer shall perform the duties and exercise the functions the Corporation assigns to him. He shall receive a salary for hi . . .
Effect of transfer of domicile on certificate of authority, agents' appointments and licenses, etc (§ 38.2-1023)
2016When any insurer licensed to transact the business of insurance in this Commonwealth transfers its domicile to this or any other state, its certificate of authority, agents’ appointments and licenses, policy forms, rates, authorizations, and ot . . .
Stabilization reserve fund (§ 38.2-2906)
2016A When an Association is activated under this chapter, a stabilization reserve fund shall be created for the lines, subclassifications and types of commercial liability insurance for which such activation occurred. The fund shall be administered by f . . .
Liability to third person; exceptions (§ 64.2-911)
2016A A claim based on a contract entered into by a custodial trustee acting in a fiduciary capacity, an obligation arising from the ownership or control of custodial trust property, or a tort committed in the course of administering the custodial trust, . . .
What employer and carrier liability (§ 65.2-404)
2016A When an employee has an occupational disease that is covered by this title, the employer in whose employment he was last injuriously exposed to the hazards of the disease and the employer’s insurance carrier, if any, at the time of the exposu . . .