Insurance; makes forms for commercial automobile policies written to large risks eligible. (HB1982)

Introduced By

Del. Jennifer McClellan (D-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Insurance; large commercial risks. Makes forms for commercial automobile insurance policies that are written to large commercial risks eligible for the exemption that currently exists for other insurance of large commercial risks. Currently, forms for writing commercial automobile insurance policies are excluded from the provision that exempts insurance of large commercial risks from requirements that policy forms be filed with, and approved by, the State Corporation Commission. Amends § 38.2-1903.1 (“Exemptions of large commercial risks.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History