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Forms of insurance authorized (§ 38.2-3100.1)
2016A Life insurance and annuities shall be issued only in the following forms: B Pursuant to the authority granted by § 38.2-223, the Commission may promulgate such regulations as may be necessary or appropriate to govern insurers’ practices wit . . .
Restrictions on insurance purchased by purchasing groups (§ 38.2-5109)
2016A A purchasing group may not purchase insurance from a risk retention group that is not chartered in a state or from an insurer not admitted in the state in which the purchasing group is located, unless the purchase is effected through a licensed age . . .
Class of insurance and insurance companies to which chapter applies (§ 38.2-4600)
2016Except as otherwise provided, this chapter applies to title insurance as defined in § 38.2-123, and to title insurance companies as defined in § 38.2-4601. . . .
Modified guaranteed life insurance (§ 38.2-105.1)
2016“Modified guaranteed life insurance” means any policy or contract of life insurance in which the benefits are guaranteed if held for specified periods and nonforfeiture values are based upon a market-value adjustment formula if held for s . . .
Extended service contracts not insurance (§ 59.1-440.1)
2016Extended service contracts are (i) not contracts of insurance in the Commonwealth and (ii) not subject to regulation under Title 38.2. . . .
Compensation, benefits and liability insurance of such persons (§ 15.2-1515)
2016Every person employed under § 15.2-1513, for purposes of salary, retirement, and other employee benefits, public liability insurance and bonds, when required, shall be considered the employee of one locality. The share of the costs of salary, retire . . .
Interest on life insurance and annuity contract proceeds (§ 38.2-3115)
2016A If an action to recover the proceeds due under a life insurance policy or annuity contract results in a judgment against the insurer, interest on the judgment at the legal rate of interest shall be paid from (i) the date of presentation to the insu . . .
Application for assignment of risk to insurance carrier (§ 46.2-464)
2016Every person who has been unable to obtain a motor vehicle liability 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 motor vehicle liability insu . . .
Assignment of life insurance policies (§ 38.2-3111)
2016No life insurance policy shall be taken out by the insured or by a person having an insurable interest in the insured’s life for the mere purpose of assignment. A policy may be assigned whether or not the assignee has an insurable interest in t . . .
Liability insurance for employees of local departments and boards of welfare and social services; legal representation (§ 15.2-1519)
2016Notwithstanding the provisions of § 15.2-1518, the state Department of Social Services is authorized to obtain liability insurance for officers and employees of local departments and boards of welfare or social services. The attorney for the Commonw . . .