™Your Policy Risk Impact Agent
64 chapters · 1,789 sections in this title.
Va. Code Ann. § 38.2-2500 Scope of chapter
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This chapter applies to mutual assessment property and casualty insurers as defined in this chapter, and to insurance written by those insurers.
Va. Code Ann. § 38.2-2501 Definitions
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As used in this chapter: "Mutual assessment insurance" means property and casualty insurance written by an insurer which has a right to assess its members for contributions and which is licensed pursuant to this chapter. "Mutual assessment property and casualty insurer" means a c…
Va. Code Ann. § 38.2-2502 Mutual assessment insurance authorized
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Mutual assessment property and casualty insurers licensed pursuant to this chapter may write mutual assessment insurance.
Va. Code Ann. § 38.2-2503 Classes of insurance that may be written by mutual assessment property and casualty insurers; minimum surplus to policyholders required
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A. Any mutual assessment property and casualty insurer with surplus to policyholders of at least $25,000 may write the following classes: 1. Fire insurance as defined in § 38.2-110; 2. Miscellaneous property damage insurance as defined in § 38.2-111; and 3. Animal insurance as de…