Code of Virginia - Title 38.2 Insurance - Chapter 48 Surplus Lines Insurance Law

  • 38.2-4800 through 38.2-4805
    Repealed by Acts 2001, c. 706, cl. 2, effective September 1, 2002. ...
  • 38.2-4806 Notice to insured that insurance is not placed with a licensed insurer required
    A. For all policies of insurance procured under this chapter, the surplus lines broker procuring such policies shall execute an affidavit in form and content ...
  • 38.2-4807 Licensees to keep records and file annual statement of policies
    A. Every licensed surplus lines broker shall keep in his office a complete record of, and file on a form prescribed by the Commission in ...
  • 38.2-4808 Effect of payment to surplus lines broker
    A. No surplus lines broker may accept a payment of premium for issuance of surplus lines insurance before placing the insurance with an eligible surplus ...
  • 38.2-4809 Licensees to pay assessments and license taxes on insurers
    A. 1. Every licensed surplus lines broker or any person required to be licensed as a surplus lines broker shall be subject to the annual ...
  • 38.2-4810 Issuance and delivery of surplus lines policies; prior authority or information required
    Each policy or other written evidence of insurance procured pursuant to this chapter shall be delivered promptly to the Insured. No surplus lines broker shall ...
  • 38.2-4811 Surplus lines coverage to be placed only with unlicensed insurers approved by Commission
    A. No surplus lines broker shall procure a policy of insurance with any insurer not licensed to transact insurance business in this Commonwealth, unless such ...
  • 38.2-4812 Surplus lines insurers subject to Unlicensed Insurers Process
    Every insurer issuing surplus lines coverage under this chapter shall be subject to the provisions of Article 1 (§ 38.2-800 et seq.) of Chapter 8 ...
  • 38.2-4813 Commission to make rules and regulations
    The Commission may make, approve and adopt reasonable rules and regulations consistent with this chapter to effect the purposes of this chapter. (Code 1950, § ...
  • 38.2-4814 Penalties
    Any violation of this chapter shall be punished as provided for in §§ 38.2-218 and 38.2-1831. (Code 1950, § 38.1-314.15; 1960, c. 503; 1979, c. ...
  • 38.2-4815 Effect on other provisions of Title 38.2
    Except as is otherwise provided herein and in Chapter 18 (§ 38.2-1800 et seq.) of this title, the provisions relating to the licensing and control ...

Last modified: April 3, 2009