Virginia Code 38.2-2025: Statistics or recommendations by advisory organization not complying with this article or order of Commission.
Current as of: 2024 | Check for updates
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No insurer that makes its own filings nor any rate service organization shall support its filings by statistics or adopt rate making recommendations furnished to it by an advisory organization that has not complied with (i) the provisions of this article or (ii) any order of the Commission entered under § 38.2-2024, involving such statistics or recommendations. If the Commission finds any insurer or rate service organization to be in violation of this section it may issue an order requiring the discontinuance of the violation.
Terms Used In Virginia Code 38.2-2025
- Commission: means the State Corporation Commission. See Virginia Code 38.2-100
- Insurer: means an insurance company. See Virginia Code 38.2-100
- Rate service organization: means any organization or person, other than a joint underwriting association under § Virginia Code 38.2-100
Code 1950, §§ 38-253.19, 38-253.66; 1952, c. 317, § 38.1-275; 1986, c. 562.