§ 38.2-1334.11 Definitions.
§ 38.2-1334.12 Disclosure requirement.
§ 38.2-1334.13 Contents of Corporate Governance Annual Disclosure.
§ 38.2-1334.14 Confidentiality.
§ 38.2-1334.15 NAIC and third-party consultants.
§ 38.2-1334.16 Rules and regulations.
§ 38.2-1334.17 Sanctions.

Ask an insurance law question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Virginia Code > Title 38.2 > Chapter 13 > Article 5.2 - . Corporate Governance Annual Disclosures.

  • CGAD: means a confidential report filed by the insurer or insurance group made in accordance with the requirements of this article. See Virginia Code 38.2-1334.11
  • Commission: means the State Corporation Commission. See Virginia Code 38.2-100
  • Commissioner: means the chief insurance regulatory official of a state, however designated. See Virginia Code 38.2-1334.11
  • Company: means any association, aggregate of individuals, business, corporation, individual, joint-stock company, Lloyds type of organization, organization, partnership, receiver, reciprocal or interinsurance exchange, trustee or society. See Virginia Code 38.2-100
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • in writing: include any representation of words, letters, symbols, numbers, or figures, whether (i) printed or inscribed on a tangible medium or (ii) stored in an electronic or other medium and retrievable in a perceivable form and whether an electronic signature authorized by Virginia Code 1-257
  • Includes: means includes, but not limited to. See Virginia Code 1-218
  • Insurance company: means any company engaged in the business of making contracts of insurance. See Virginia Code 38.2-100
  • Insurance group: means those insurers and affiliates included within an insurance holding company system as defined in § Virginia Code 38.2-1334.11
  • Insurer: means an insurance company as defined in § Virginia Code 38.2-1334.11
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • NAIC: means the National Association of Insurance Commissioners. See Virginia Code 38.2-1334.11
  • Person: means any association, aggregate of individuals, business, company, corporation, individual, joint-stock company, Lloyds type of organization, organization, partnership, receiver, reciprocal or interinsurance exchange, trustee or society. See Virginia Code 38.2-100
  • Process: includes subpoenas, the summons and complaint in a civil action, and process in statutory actions. See Virginia Code 1-237
  • State: means any commonwealth, state, territory, district or insular possession of the United States. See Virginia Code 38.2-100
  • Subpoena: A command to a witness to appear and give testimony.
  • Testify: Answer questions in court.
  • United States: includes the 50 states, the District of Columbia the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands and the United States Virgin Islands. See Virginia Code 1-255