Licensing of Insurers | Midpage

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Code of Virginia

Article 5

Licensing of Insurers

38.2-1024License required to transact the business of insurance; application fee requirements for license 38.2-1025Annual renewal of license 38.2-1026Retaliatory provisions as to taxes, fees, deposits and other requirements 38.2-1027Admission of foreign and alien insurers 38.2-1028Additional licensing requirements for stock insurers 38.2-1029Additional licensing requirements for mutual insurers 38.2-1030Surplus requirements for issuing policies without contingent liability 38.2-1031Additional requirements, alien insurers 38.2-1032Additional licensing requirements for domestic insurers 38.2-1033Additional licensing requirements for foreign insurers 38.2-1034How domestic mutual insurers may acquire initial surplus 38.2-1035Domestic insurers to maintain minimum capital and surplus; proceedings by Commission if impairment found 38.2-1036Impairment of capital and surplus of foreign and alien company ground for suspension or revocation of license 38.2-1037Exceptions for licensed and operating insurers 38.2-1038Authority of Commission to issue orders covering insurers in hazardous financial condition 38.2-1039Enjoining unlicensed foreign or alien insurers from transacting the business of insurance in Commonwealth 38.2-1039.1Risk retention groups