Code of Virginia - Title 38.2 Insurance - Section 38.2-2019 Cooperation among rate service organizations, or among rate service organizations and insurers, aut...

§ 38.2-2019. Cooperation among rate service organizations, or among rate service organizations and insurers, aut...

Cooperation among rate service organizations or among rate service organizations and insurers in rate making or in other matters within the scope of this chapter is authorized if the filings resulting from the cooperation are subject to all the provisions of this chapter that are applicable to filings generally. The Commission may review cooperative activities and practices. If, after providing notice and opportunity to be heard, it finds that any activity or practice is unfair, unreasonable or otherwise inconsistent with this chapter, it shall issue an order (i) specifying in what respects the activity or practice is unfair, unreasonable or otherwise inconsistent with this chapter, and (ii) requiring the discontinuance of the activity or practice.

(Code 1950, §§ 38-253.13, 38-253.59; 1952, c. 317, § 38.1-269; 1986, c. 562.)

Sections:  Previous  38.2-2012  38.2-2013  38.2-2014  38.2-2015  38.2-2016  38.2-2017  38.2-2018  38.2-2019  38.2-2020  38.2-2021  38.2-2022  38.2-2023  38.2-2024  38.2-2025  38.2-2026  Next

Last modified: April 3, 2009