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Insurer to give notice to claimant of intention to rely on certain defenses and of execution of nonwaiver of rights agreement (§ 38.2-2226)
2016Whenever any insurer on a policy of liability insurance discovers a breach of the terms or conditions of the insurance contract by the insured, the insurer shall notify the claimant or the claimant’s counsel of the breach. Notification shall be . . .
Employee contributions; payroll deductions; effect of failure to deduct (§ 51.1-506)
2016Each insured employee shall contribute to the cost of his insurance an amount to be determined by the Board but not to exceed the rate of $ 0.70 per month for each $ 1,000 of annual salary. If the annual salary is not an even multiple of $ 1,000, ann . . .
Annual renewal application and fee (§ 38.2-1840)
2016A Before June 1 of each year, each insurance consultant shall remit a renewal application in a form and manner acceptable to the Commission, along with the nonrefundable renewal application processing fee prescribed herein for the renewal of the lice . . .
Office of the Managed Care Ombudsman established; responsibilities (§ 38.2-5904)
2016A The Commission shall create within the Bureau of Insurance the Office of the Managed Care Ombudsman. The Office of the Managed Care Ombudsman shall promote and protect the interests of covered persons under managed care health insurance plans in th . . .
Definitions (§ 36-96.1:1)
2016For the purposes of this chapter, unless the context clearly indicates otherwise:”Aggrieved person” means any person who (i) claims to have been injured by a discriminatory housing practice or (ii) believes that such person will be injure . . .
Information security program (§ 38.2-613.2)
2016A Each insurance institution, agent, and insurance-support organization shall implement a comprehensive written information security program that includes administrative, technical, and physical safeguards for the protection of policyholder informati . . .
Administrative charges in excess of premium prohibited; exceptions (§ 38.2-1812.2)
2016A Notwithstanding the provisions of § 38.2-310 and Article 4 (§ 38.2-1837 et seq.) of this chapter, no agent shall charge, or demand or receive from, an applicant for insurance or a policyholder any consideration in return for rendering services as . . .
Investment in bonds issued by authorities (§ 15.2-6318)
2016The Commonwealth and all public officers, municipal corporations, political subdivisions, and public bodies, all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investmen . . .
Regulations establishing minimum standards (§ 38.2-3608)
2016A The Commission may issue regulations to establish minimum standards for payment of claims under Medicare supplement policies and for marketing practices, compensation arrangements, requirements for loss ratio refunds or credits, Medicare select pol . . .
Requirement for prescription drug coverage (§ 38.2-3407.9:02)
2016No (i) insurer proposing to issue individual or group accident and sickness insurance policies providing hospital, medical and surgical or major medical coverage on an expense-incurred basis, (ii) corporation providing individual or group accident an . . .