Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 130 - RULES GOVERNING THE FILING OF RATES FOR INDIVIDUAL AND CERTAIN GROUP ACCIDENT AND SICKNESS INSURANCE POLICY FORMS
Section 14VAC5-130-10 - Purpose

Universal Citation: 4 VA Admin Code 5-130-10
Current through Register Vol. 41, No. 3, September 23, 2024

The purposes of this chapter are to (i) implement procedures for the filing or filing and approval of rates for individual and group accident and sickness insurance policy forms and (ii) establish minimum loss ratios to assure that the benefits provided by such policy forms are or are anticipated to be reasonable in relation to the premiums charged.

Statutory Authority: §§ 12.1-13 and 38.2-223 of the Code of Virginia.

Disclaimer: These regulations may not be the most recent version. Virginia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.