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Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 38.2-1344: Disclosure

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Where this section sits in the code
  1. Title 38.2. INSURANCE
  2. Chapter 13. REPORTS, RESERVES AND EXAMINATIONS, INSURANCE HOLDING COMPANIES, REINSURANCE INTERMEDIARIES, AND MANAGING GENERAL AGENTS
  3. Article 7. BUSINESS TRANSACTED WITH PRODUCER-CONTROLLED PROPERTY AND CASUALTY INSURER ACT

The producer, prior to the effective date of the policy, shall deliver written notice to the prospective insured disclosing the relationship between the producer and the controlled insurer. However, if the business is placed through a subproducer who is not a controlling producer, the controlling producer shall retain in his records a signed commitment from the subproducer that the subproducer is aware of the relationship between the insurer and the producer and that the subproducer has or will notify the insured.1993, c. 158.

Collected 2026-09-04T15:16:05Z. Source file · JSON

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