Virginia Administrative Code
Title 14 - INSURANCE
Agency 5 - STATE CORPORATION COMMISSION, BUREAU OF INSURANCE
Chapter 200 - RULES GOVERNING LONG-TERM CARE INSURENCE
Section 14VAC5-200-195 - Rate increase hearings
Universal Citation: 4 VA Admin Code 5-200-195
Current through Register Vol. 41, No. 3, September 23, 2024
The commission may, at its sole discretion and as a condition of approval, conduct a public hearing or order an insurer to present information concerning its premium rate increase submission before the commission if it determines that a hearing or presentation is in the public interest. One consideration for a hearing may be the percentage or level of premium rate increase requested.
Statutory Authority: §§ 12.1-13, 38.2-223, and 38.2-5202 of the Code of Virginia.
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