reglab/housing_qa huggingface dataset:
VA Code § 38.2-2804 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2804. Plan of operation

A. Within forty-five days of the date the Commission makes a determination to activate a joint underwriting association pursuant to subsection A of § 38.2-2801, the directors of the association shall submit to the Commission for review a proposed plan of operation consistent with this chapter.B. The plan of operation shall provide for economic, fair and nondiscriminatory administration and for the prompt and efficient provision of medical malpractice insurance. The plan shall contain other provisions including (i) preliminary assessment of all members for initial expenses necessary to commence operations, (ii) establishment of necessary facilities, (iii) management of the association, (iv) assessment of members to defray losses and expenses, (v) reasonable and objective minimum underwriting standards developed in consultation with the medical and hospital advisory committees provided for in § 38.2-2805, (vi) acceptance and cession of reinsurance, (vii) appointment of servicing carriers or other servicing arrangements, (viii) the establishment of premium payment plans, (ix) procedures for determining amounts of insurance to be provided by the association, (x) procedures for the recoupment of preliminary assessments and other assessments of members as authorized by this chapter, and (xi) any other matters necessary for the efficient and equitable operation and termination of the association.C. The plan of operation shall be subject to approval by the Commission after consultation with the members of the association and representatives of interested individuals and organizations. If the Commission disapproves all or any part of the proposed plan of operation, the directors shall within fifteen days submit for review an appropriate revised plan of operation. If the directors fail to do so, the Commission shall promulgate a plan of operation. The plan of operation approved or promulgated by the Commission shall become effective and operational upon order of the Commission.D. Amendments to the plan of operation may be made by the directors of the association, subject to the approval of the Commission.1976, c. 85, § 38.1-778; 1980, c. 286; 1986, c. 562; 1987, c. 554; 1988, c. 341.
VA Code § 38.2-2805 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2805. Medical and hospital advisory committees

The Commission shall appoint a medical advisory committee to the association composed of five physicians licensed to practice medicine in this Commonwealth and a hospital advisory committee composed of five representatives of hospitals licensed in this Commonwealth.1976, c. 85, § 38.1-779; 1986, c. 562.
VA Code § 38.2-2808 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2808. Participation in association by insurers

Each insurer that is a member of the association shall participate in the temporary contributions to finance the operation of the association in the proportion that the net direct premiums written by each member during the preceding calendar year bears to the aggregate net direct premiums written in this Commonwealth by all members of the association. However, the net direct premiums written by each member shall exclude that portion of premiums attributable to the operation of the association. Each insurer's participation in the association shall be determined annually on the basis of such premiums written during the preceding calendar year in the manner set forth in the plan of operation.1976, c. 85, § 38.1-782; 1986, c. 562.
VA Code § 38.2-2809 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2809. Review of actions or decisions of association

Any insurer, applicant or other person aggrieved by any action or decision of the association or of any insurer as a result of its participation in the association, may appeal to the board of directors of the association. The decision of the board of directors may be appealed to the Commission within thirty days from the date the aggrieved person received notice of the board's action.1976, c. 85, § 38.1-783; 1986, c. 562.
VA Code § 38.2-2810 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2810. Annual statements

The association shall file an annual statement with the Commission within three months of the close of each fiscal year. The annual statement shall contain information on its transactions, condition, operations and affairs during the preceding fiscal year. The form and content of the annual statement shall be subject to the Commission's approval. The Commission may at any time require the association to furnish additional information on its transactions, condition or any matter connected with the association considered to be material and of assistance in evaluating the scope, operation and experience of the association.1976, c. 85, § 38.1-784; 1986, c. 562.
VA Code § 38.2-2811 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2811. Examination into affairs of association

The Commission shall examine the affairs of the association pursuant to § 38.2-1317. The examination shall be performed in the manner prescribed in §§ 38.2-1317 through 38.2-1321.1.1976, c. 85, § 38.1-785; 1986, c. 562; 1999, c. 61.
VA Code § 38.2-2812 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2812. Public officers or employees

No member of the board of directors of the stabilization reserve fund who is a public officer or employee shall forfeit his office or employment, or incur any loss or diminution in the rights and privileges associated with his office or employment, because of membership on the board.1976, c. 85, § 38.1-786; 1986, c. 562.
VA Code § 38.2-2813 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2813. Commissions for placing and servicing risk with association

For any medical malpractice insurance or incidental coverage policy issued by the association, the commission payable to the person that places the risk with the joint underwriting association or services the risk shall be limited to 5 percent of the annual premium for the policy or $1,000, whichever is less.1976, c. 85, § 38.1-787; 1986, c. 562.
VA Code § 38.2-2814 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 28 - Medical Malpractice Joint Underwriting Association|§ 38.2-2814. Liability

There shall be no liability imposed on the part of and no civil cause of action of any nature shall arise against the association or the stabilization reserve fund, their board of directors, their agents, their employees, any service carrier, any participating insurer or its employees, any licensed producer, the Commission or its authorized representatives, the medical and hospital advisory committees, or their members or employees for any statements or actions made by them in good faith in carrying out the provisions of this chapter.1976, c. 85, § 38.1-788; 1986, c. 562; 1987, c. 519.
VA Code § 38.2-2900 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2900. Definitions

As used in this chapter:"Association" means the joint underwriting association established pursuant to the provisions of this chapter."Commercial liability insurance" means the commercial classes of insurance defined in §§ 38.2-117 and 38.2-118, but for the purposes of this chapter, does not include medical malpractice insurance as defined in § 38.2-2800, nuclear liability or any risks, lines, or subclassifications that are determined by the Commission to be uninsurable; provided, no such determination shall be based solely upon evidence that no insurers are then insuring such risk, line, or subclassification. The Commission may exclude from this definition any other line, subclassification or type of commercial liability insurance as it deems appropriate."Incidental coverage" means any other type of liability insurance covering activities directly related to the continued and efficient delivery of business and professional services that: (i) cannot be separately obtained in the voluntary market because commercial liability insurance is being provided pursuant this chapter; and (ii) cannot be separately obtained through other involuntary market mechanisms."Market assistance plan" means a voluntary association of insurers and insurance agents licensed to do business in the Commonwealth that is formed, pursuant to a plan of operation filed with and approved by the Commission, to assist with the individual placement of commercial liability insurance coverage that is not reasonably available on the voluntary market."Net direct premiums written" means gross direct premiums written in this Commonwealth on all policies of liability insurance less (i) all return premiums on the policy, (ii) dividends paid or credited to policyholders, and (iii) the unused or unabsorbed portions of premium deposits on liability insurance. For the purposes of this chapter, "liability insurance" means the classes of insurance defined in §§ 38.2-117 through 38.2-119, and the liability portions of the insurance defined in §§ 38.2-124, 38.2-125 and 38.2-130 through 38.2-132.1988, cc. 769, 783.
VA Code § 38.2-2900.1 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2900.1. Market assistance plan

The Commission may authorize the formation of a voluntary market assistance plan to assist in the individual placement of coverage for any lines, subclassifications, or types of commercial liability insurance. Such plan shall not be an insurer capable of assuming insurance risks.1988, cc. 769, 783.
VA Code § 38.2-2902 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2902. Dissolution

A. When the Association has ceased all of its underwriting operations by order of the Commission under subdivision 2 of subsection C of § 38.2-2901, it shall be subject during its continued existence to the following:1. The Association shall remain in existence for the sole purpose of completing its orderly dissolution.2. The Association shall refund to all of its members all preliminary assessments, contributions and other funds paid to the Association that have not been reimbursed prior to dissolution.3. The board of the Association shall satisfy and discharge its obligations and, subject to the approval of the Commission, shall have authority to do all other acts required to conclude its business affairs, including but not limited to, transfer of policies in force to approved carriers.B. When the Commission finds the Association has met its obligations incident to termination of its business affairs, the Commission shall by order issue a certificate of dissolution and the existence of the Association shall cease.1988, cc. 769, 783.
VA Code § 38.2-2903 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2903. Directors

A. The Association shall be governed by a board of 11 directors, including one who shall be elected chairman. Two directors shall be appointed by each of the following three insurance industry trade associations: (i) the American Insurance Association; (ii) the Property Casualty Insurers Association of America; and (iii) the National Association of Mutual Insurance Companies. One director shall be appointed by each of the following two insurance agents' trade associations: (a) the Independent Insurance Agents of Virginia and (b) the Professional Insurance Agents Association of Virginia and the District of Columbia. The Commission shall appoint three directors not affiliated with the aforementioned trade associations. If, for any reason, any of the trade associations fail to appoint a director or directors within a reasonable period of time, the Commission shall have the power to make the appointment.B. All board members, including the chairman, shall be appointed to serve for two-year terms beginning on a date designated by the plan.C. Six directors shall constitute a quorum for the transaction of any business or exercise of any power of the Association. The directors of the Association shall act by vote of a majority of those present. The directors shall serve without salary, but each director shall be reimbursed for actual and necessary expenses incurred in the performance of his or her official duties as a director of the Association.1988, cc. 769, 783; 2014, c. 198.
VA Code § 38.2-2904 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2904. Plan of operation

A. Within forty-five days after appointment of the members of the board, the directors of the Association shall submit to the Commission for review a proposed plan of operation consistent with this chapter.B. The plan of operation shall provide for economic, fair and nondiscriminatory administration and for the prompt and efficient provision of commercial liability insurance. The plan shall contain other provisions governing:1. Preliminary assessment of all members for initial expenses necessary to commence operations;2. Establishment of necessary facilities;3. Management of the Association;4. Assessment of members to defray losses and expenses;5. Reasonable and objective minimum underwriting standards;6. Acceptance and cession of reinsurance;7. Appointment of servicing carriers or other servicing arrangements;8. The establishment of premium payment plans;9. Procedures for determining amounts of insurance to be provided by the Association;10. Procedures for the recoupment of preliminary assessments and other assessments of members as authorized by this chapter; and11. Any other matters necessary for the efficient and equitable operation and termination of the Association.C. The plan of operation shall be subject to approval by the Commission after consultation with the members of the Association and representatives of interested individuals and organizations. If the Commission disapproves all or any part of the proposed plan of operation, the directors shall within fifteen days submit for review an appropriate revised plan of operation. If the directors fail to do so, the Commission shall promulgate a plan of operation. The plan of operation approved or promulgated by the Commission shall become effective and operational upon order of the Commission.D. At any time after the Association is activated, and after investigation, notice, and hearing, the Commission may order the submission of a supplemental plan of operation if it finds that any line, subclassification or type of commercial liability insurance not covered by the existing plan of operation is not reasonably available according to the terms of subsection A of § 38.2-2901. Such supplemental plan of operation shall be submitted within forty-five days of the Commission's order and shall be subject to all other provisions of this chapter governing the plan of operation.E. Amendments to the plan of operation may be made by the directors of the Association, subject to the approval of the Commission.1988, cc. 769, 783.
VA Code § 38.2-2907 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2907. Participation in Association by insurers

Each insurer that is a member of the Association shall participate in the contributions to finance the operation of the Association in the proportion that the net direct premiums written by each member during the preceding calendar year bears to the aggregate net direct premiums written in this Commonwealth by all members of the Association. However, the net direct premiums written by each member shall exclude that portion of premiums attributable to the operation of the Association. Each insurer's participation in the Association shall be determined annually on the basis of such premiums written during the preceding calendar year in the manner set forth in the plan of operation.1988, cc. 769, 783.
VA Code § 38.2-2908 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2908. Review of actions or decisions of Association

Any insurer, applicant or other person aggrieved by any action or decision of the Association or of any insurer as a result of its participation in the Association, may appeal to the board of directors of the Association. The decision of the board of directors may be appealed to the Commission within thirty days from the date the aggrieved person received notice of the board's action.1988, cc. 769, 783.
VA Code § 38.2-2909 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2909. Annual statements

The Association shall file an annual statement with the Commission within three months of the close of each fiscal year. The annual statement shall contain information on its transactions, conditions, operations and affairs during the preceding fiscal year. The form and content of the annual statement shall be subject to the Commission's approval. The Commission may at any time require the Association to furnish additional information on its transactions, condition or any matter connected with the Association considered to be material and of assistance in evaluating the scope, operation and experience of the Association.1988, cc. 769, 783.
VA Code § 38.2-2910 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2910. Annual examination into affairs of Association

The Commission shall examine the affairs of the Association at least annually. The examination shall be conducted and the report of the examination filed in the manner prescribed in §§ 38.2-1317 through 38.2-1321. The expenses of each examination shall be borne and paid by the Association.1988, cc. 769, 783.
VA Code § 38.2-2911 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2911. Public officers or employees

No member of the board of directors of the Association or of the board of directors of the stabilization reserve fund who is a public officer or employee shall forfeit his office or employment, or incur any loss or diminution in the rights and privileges associated with his office or employment, because of membership on either board.1988, cc. 769, 783.
VA Code § 38.2-2912 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2912. Commissions for placing and servicing risk with Association

For any policy issued by the Association, the commission payable to the person that places the risk with the Joint Underwriting Association or services the risk shall be limited to five percent of the annual premium for the policy or $1,000, whichever is less.1988, cc. 769, 783.
VA Code § 38.2-2913 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 29 - Commercial Liability Insurance Joint Underwriting Association|§ 38.2-2913. Liability

There shall be no liability imposed on the part of, and no civil cause of action of any nature shall arise against, the Association or the stabilization reserve fund, their boards of directors, agents, and employees; any service carrier or its employees; any participating insurer or its employees; any licensed producer; the Commission, its authorized representatives, members or employees; or any committee established by the Association's board of directors or its members or employees for any statements or actions made in good faith in carrying out the provisions of this chapter.1988, cc. 769, 783.
VA Code § 38.2-3000 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 30 - Uninsured Motorists Fund|§ 38.2-3000. Supervision and control of Fund by Commission; payments from Fund

The Uninsured Motorists Fund, referred to in this chapter as the Fund, shall be under the supervision and control of the Commission. Payments from the Fund shall be made on warrants of the Comptroller issued on vouchers signed by a person designated by the Commission. The purpose of the Fund is to reduce the cost of the insurance required by subsection A of § 38.2-2206.Code 1950, § 12-65; 1958, c. 455, § 38.1-379.1; 1962, c. 253; 1971, Ex. Sess., c. 44; 1986, c. 562.
VA Code § 38.2-3001 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 30 - Uninsured Motorists Fund|§ 38.2-3001. Distribution to insurers; records of loss experience as prerequisite to payment

The Commission shall distribute moneys annually from the Fund among the several insurers writing motor vehicle bodily injury and property damage liability insurance on motor vehicles registered in this Commonwealth. Moneys shall be distributed in the proportion that each insurer's reported written car years bear to the total number of written car years reported for the preceding year by all insurers in this Commonwealth who have elected to participate in the distribution of the Fund. For purposes of this section, "written car years" means the number of motor vehicles insured by policies providing uninsured motorist coverage as required by subsection A of § 38.2-2206 during a twelve-month period. Only insurers that maintain records satisfactory to the Commission shall receive any payment from the Fund.Code 1950, § 12-66; 1958, c. 455, § 38.1-379.2; 1962, c. 253; 1971, Ex. Sess., c. 44; 1986, c. 562; 2002, c. 145.
VA Code § 38.2-3100 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 31 - Life Insurance|§ 38.2-3100. Scope of chapter

Except as otherwise provided, this chapter applies to insurers transacting life insurance and the granting of annuities, and to life insurance and annuities as defined in §§ 38.2-102 through 38.2-107.1.1952, c. 317, § 38.1-431; 1986, c. 562; 1994, c. 316.
VA Code § 38.2-3100.1 (2021)
2021 Code of Virginia|Title 38.2 - Insurance|Chapter 31 - Life Insurance|§ 38.2-3100.1. Forms of insurance authorized

A. Life insurance and annuities shall be issued only in the following forms:1. Individual life insurance and annuities; or2. Group life insurance and annuities.B. Pursuant to the authority granted by § 38.2-223, the Commission may promulgate such regulations as may be necessary or appropriate to govern insurers' practices with regard to Acquired Immunodeficiency Syndrome (AIDS) or presence of the Human Immunodeficiency Virus (HIV), including advertising practices, underwriting practices, policy provisions, claim practices, or other practices with regard to individual or group life insurance and annuities, delivered or issued for delivery in the Commonwealth of Virginia and certificates or evidences of coverage, issued under any contract delivered or issued for delivery in the Commonwealth of Virginia.1989, c. 653.