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Participation in surplus (§ 38.2-3307)
2016A Each participating individual life insurance policy shall contain a provision that the policy shall participate in the surplus of the insurer. Any policy containing a provision for participation at the end of the first policy year, and annually the . . .
Exemptions (§ 46.2-1602.2)
2016A repairable vehicle, as defined in § 46.2-1600, shall be exempt from the remaining provisions of this chapter, provided that the insurance company responsible for repair (i) notifies the Department of each late model vehicle declared repairable, an . . .
Standard provisions required (§ 38.2-3341)
2016No industrial life insurance policy shall be delivered or issued for delivery in this Commonwealth, unless it contains in substance the provisions prescribed in this article or provisions that are, in the Commission’s opinion, more favorable to . . .
Officers and enlisted persons personally liable for military property (§ 44-108)
2016Every officer and enlisted person to whom any article of military property is delivered in pursuance of the provisions of this chapter shall be held personally responsible for its care, safekeeping, and return. He shall use the same for military purp . . .
Holding stock or other securities as fiduciary (§ 6.2-1010)
2016A A trust institution holding stock or other securities as fiduciary may hold it in the name of a nominee without mention of the trust in the stock certificate or stock registry book or other book in which such securities are registered. A fiduciary . . .
Reports (§ 52-43)
2016The Department shall submit an annual report to the Governor and General Assembly no later than February 15 of each year on the progress made in deterring insurance fraud. Such report shall detail (i) all expenditures and receipts of the Insurance Fr . . .
Claims (§ 38.2-3731)
2016A All claims shall be promptly reported to the insurer or its designated claim representative. The insurer shall maintain adequate claim files. All claims shall be settled as soon as possible and in accordance with the terms of the insurance contra . . .
Failure to make required reports; civil penalty (§ 65.2-902)
2016A Any employer, insurance carrier, self-insurer, group self-insurance association, or third party administrator who fails to make any report required by the Commission pursuant to this title shall be assessed a civil penalty of not more than $ 500 fo . . .
Definitions (§ 46.2-2100)
2016Whenever used in this chapter, unless expressly stated otherwise:”Authorized insurer” means, in the case of an interstate motor carrier whose operations may or may not include intrastate activity, an insurer authorized to transact busines . . .
Examination, review or investigation (§ 32.1-137.4)
2016A The Commissioner shall cause each managed care health insurance plan licensee subject to certification under this article to be examined or reviewed for each new application and to be periodically examined or reviewed at reasonable times thereafter . . .