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Deductibles and coinsurance options required (§ 38.2-3417)
2016A An insurer issuing accident and sickness insurance or a corporation issuing subscription contracts on an expense incurred basis shall make available in offering such coverage or contract to the potential insured or contract holder one or more of th . . .
Explanation of benefits (§ 38.2-3407.4)
2016A Each insurer issuing an accident and sickness insurance policy, a corporation issuing subscription contracts, and each health maintenance organization shall file for approval explanation of benefits forms. These explanation of benefit forms shall b . . .
Contracts executed by attorney (§ 38.2-1210)
2016Reciprocal insurance contracts shall be executed by the attorney of the reciprocal. . . .
Applications for surplus lines brokers' licenses (§ 38.2-1857.2)
2016A Every original applicant for a surplus lines broker’s license shall apply for such license in a form and manner prescribed by the Commission, and containing any information the Commission requires. B Prior to issuance of a license, the appli . . .
Notice of financial information collection and disclosure practices (§ 38.2-604.1)
2016A An insurance institution or agent shall provide clear and conspicuous notice of financial information collection and disclosure practices in connection with insurance transactions as required by subsection B of this section: B Any notice required . . .
Definitions (§ 38.2-4300)
2016As used in this chapter:”Acceptable securities” means securities that (i) are legal investments under the laws of the Commonwealth for public sinking funds or for other public funds, (ii) are not in default as to principal or interest, (i . . .
Definitions (§ 38.2-5800)
2016As used in this chapter:”Accident and sickness insurance company” means a person subject to licensing in accordance with provisions in Chapter 10 (§ 38.2-1000 et seq.) or Chapter 41 (§ 38.2-4100 et seq.) seeking or having authorization . . .
Limitation on single risk to be assumed (§ 38.2-3921)
2016No single risk shall be assumed by a mutual assessment life, accident and sickness insurer if the risk exceeds fifteen percent of the company’s total surplus to policyowners. Any risk or portion of any risk that has been reinsured in accordanc . . .
Coverage for early intervention services (§ 38.2-3418.5)
2016A Notwithstanding the provisions of § 38.2-3419, each 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; each corp . . .
Compliance with article prerequisite to receiving state school funds (§ 22.1-189)
2016No school division in which any school pupils or personnel are transported at public expense to or from any public school in any vehicle shall receive any state school funds unless it complies with all applicable requirements of this article and subm . . .