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Deposit of minimum capital; letter of credit instead of deposit (§ 38.2-1105)
2016A No captive insurer shall be issued a license to transact the business of insurance in this Commonwealth until it has met the requirements of Article 5 (§ 38.2-1024 et seq.) of Chapter 10 of this title. B The captive insurer shall deposit with the . . .
Report of acts deemed larceny under § 18.2-111; privileged communications; attorney for the Commonwealth to be informed (§ 38.2-1810)
2016A Whenever any insurer licensed to transact the business of insurance in this Commonwealth knows or has reasonable cause to believe that any licensee under this title has committed any act of larceny as prescribed in § 18.2-111 with respect to any m . . .
Definitions (§ 52-36)
2016As used in this chapter, the following words shall have the following meanings:”Commission” means the State Corporation Commission.”Insurance fraud” means any commission or attempted commission of the criminal acts and practic . . .
Local regulation of number of taxicabs (§ 46.2-2067)
2016A It is the policy of this Commonwealth, based on the public health, safety and welfare, to assure safe and reliable privately operated taxicab service for the riding public in this Commonwealth; and in furtherance of this policy, it is recognized th . . .
Railroad to have an insurable interest in property along its route (§ 56-352)
2016Every railroad company is hereby invested with an insurable interest in the property upon the route operated by it, and may procure insurance thereupon in its own behalf for protection against any damage to such property by fire or otherwise, for whi . . .
What laws applicable (§ 38.2-2506)
2016Except as otherwise provided in this chapter, and except when the context otherwise requires, all the provisions of this title relating to insurers generally, and those relating to insurers writing the same class of insurance that mutual assessment p . . .
Driver to report certain accidents in writing; certification of financial responsibility to Department; supplemental reports; reports by witnesses (§ 46.2-372)
2016A Any person involved in an accident (i) resulting in injury to or death of any person or property damage, or (ii) when there is reason to believe a motor vehicle involved in the accident was uninsured at the time of the accident, may make a written . . .
Security freezes for protected consumers (§ 59.1-444.3)
2016A As used in this section, unless the context requires a different meaning:”Protected consumer” means a consumer who is either: B This section does not apply to the use of a protected consumer’s credit report or record by: C A con . . .
Change of status from foreign to domestic insurer (§ 38.2-1019)
2016A Any foreign insurer licensed to transact the business of insurance in this Commonwealth may become a domestic insurer upon (i) complying with the requirements for formation of a domestic insurer under Article 1 (§ 38.2-1000 et seq.) of this chapte . . .
Cooperative nonprofit life benefit company defined (§ 38.2-3801)
2016A Any company that (i) is organized without capital stock, (ii) has a representative form of government, (iii) conducts its business under the provisions of this chapter without profit and for the sole benefit of its members and their beneficiaries, . . .