™Your Policy Risk Impact Agent
49 chapters · 915 sections in this title.
22 V.I.C. § 101 Purpose
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The purpose of the chapter is to provide an effective and efficient system for examining the activities, operations, financial condition and affairs of all persons transacting the business of insurance in the territory and all persons otherwise subject to the jurisdiction of the …
22 V.I.C. § 102 Definitions
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(a) As used in this title, unless the context requires another meaning:(a) “Commissioner” means the Commissioner of Insurance of the Virgin Islands, his deputies, or the Division of Banking, Insurance and Financial Regulation, as appropriate.(b) “Company” means any person engagin…
22 V.I.C. § 103 Authority, scope and scheduling of examinations
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(a) The Commissioner or any of his examiners may conduct an examination under this chapter of any company as often as the Commissioner in his sole discretion deems appropriate, but shall, at a minimum, conduct an examination of every insurer licensed in the territory not less fre…
22 V.I.C. § 104 Conduct of examinations
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(a) Upon determining that an examination should be conducted, the Commissioner, or the Commissioner's designee, shall issue an examination warrant appointing one or more examiners to perform the examination and instructing them as to the scope of the examination. In conducting th…
