§ 38.2-2626. Obligation of reimbursement insurance policy insurers
A. Insurers issuing reimbursement insurance to providers are deemed to have received the premiums for such insurance upon the payment of provider fees by contract holders for home service contracts issued by such insured providers.
B. This article shall not prevent or limit the right of an insurer that issued a reimbursement insurance policy to seek indemnification or subrogation against a provider if the issuer pays or is obligated to pay the home service contract holder sums that the provider was obligated to pay pursuant to the provisions of the home service contract.
(2006, c. 634.)
Sections: Previous 38.2-2614 38.2-2615 38.2-2616 38.2-2617 38.2-2618 38.2-2619 38.2-2620 38.2-2621 38.2-2622 38.2-2623 38.2-2624 38.2-2625 38.2-2626 38.2-2627 38.2-2628 NextLast modified: April 3, 2009