{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/38.2-2002.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/38.2-2002.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/38.2-2002.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/38.2-2002.html"}],"law_id":361704,"edition_id":2,"section_id":361704,"structure_id":51707,"section_number":"38.2-2002","catch_line":"Joint underwriting and joint reinsurance","history":"Code 1950, \u00a7\u00a7 38-218.2, 38-249, 38-253.46; 1952, c. 317, \u00a7 38.1-224; 1973, c. 504, \u00a7 38.1-279.43; 1986, c. 562; 1993, c. 985.","full_text":"A\n\n1. Each group, association or other organization of insurers that engages in joint underwriting or joint reinsurance for the insurance to which this chapter applies shall file with the Commission (i) a copy of its constitution, its articles of incorporation, agreement or association, and a copy of its bylaws, rules and regulations governing its activities, all duly certified by the custodian of the originals of the copies, (ii) a list of its members, and (iii) the name and address of a resident of this Commonwealth upon whom notices or orders of the Commission or process may be served.\n\n2\n\nEach such organization of insurers shall notify the Commission promptly of every change in the information required to be filed by this subsection.\n\n3\n\nThis subsection shall not apply to the Virginia Automobile Insurance Plan, the Virginia Property Insurance Association and the Virginia Workers’ Compensation Insurance Plan.\n\nB\n\nEach group, association or other organization of insurers that engages in joint underwriting for the insurance to which this chapter applies shall be subject to this chapter. Each such organization of insurers that engages in joint reinsurance for the insurance to which this chapter applies shall be subject to § 38.2-2026.\n\nC\n\nIf, after providing notice and opportunity to be heard, the Commission finds any activity or practice of any such organization of insurers to be unfair, unreasonable or otherwise inconsistent with this chapter, it shall issue a written order (i) specifying in what respect the activity or practice is unfair, unreasonable or otherwise inconsistent with this chapter, and (ii) requiring the discontinuance of the activity or practice.\n\n","order_by":null,"text":{"0":{"id":1346705,"text":"1. Each group, association or other organization of insurers that engages in joint underwriting or joint reinsurance for the insurance to which this chapter applies shall file with the Commission (i) a copy of its constitution, its articles of incorporation, agreement or association, and a copy of its bylaws, rules and regulations governing its activities, all duly certified by the custodian of the originals of the copies, (ii) a list of its members, and (iii) the name and address of a resident of this Commonwealth upon whom notices or orders of the Commission or process may be served.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A2"},"1":{"id":1346706,"text":"Each such organization of insurers shall notify the Commission promptly of every change in the information required to be filed by this subsection.","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A","next_prefix":"A3"},"2":{"id":1346707,"text":"This subsection shall not apply to the Virginia Automobile Insurance Plan, the Virginia Property Insurance Association and the Virginia Workers’ Compensation Insurance Plan.","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"B"},"3":{"id":1346708,"text":"Each group, association or other organization of insurers that engages in joint underwriting for the insurance to which this chapter applies shall be subject to this chapter. Each such organization of insurers that engages in joint reinsurance for the insurance to which this chapter applies shall be subject to § 38.2-2026.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A3","next_prefix":"C"},"4":{"id":1346709,"text":"If, after providing notice and opportunity to be heard, the Commission finds any activity or practice of any such organization of insurers to be unfair, unreasonable or otherwise inconsistent with this chapter, it shall issue a written order (i) specifying in what respect the activity or practice is unfair, unreasonable or otherwise inconsistent with this chapter, and (ii) requiring the discontinuance of the activity or practice.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":51707,"edition_id":2,"name":"General Provisions","identifier":"1","label":"article","depth":3,"order_by":1,"parent_id":51706,"metadata":{"child_laws":5,"child_structures":0},"date_created":"2026-08-02 02:46:51","date_modified":"2026-08-02 12:33:06","permalink":{"id":1440277,"object_type":"structure","relational_id":51707,"identifier":"1","token":"38.2\/20\/1","url":"\/38.2\/20\/1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51706,"edition_id":2,"name":"Regulation of Rates for Certain Types of Insurance","identifier":"20","label":"chapter","depth":2,"order_by":20,"parent_id":51644,"metadata":{"child_laws":31,"child_structures":4},"date_created":"2026-08-02 02:46:51","date_modified":"2026-08-02 12:33:05","permalink":{"id":1440275,"object_type":"structure","relational_id":51706,"identifier":"20","token":"38.2\/20","url":"\/38.2\/20\/","edition_id":2,"permalink":0,"preferred":1}},{"id":51644,"edition_id":2,"name":"Insurance","identifier":"38.2","label":"title","depth":1,"order_by":88,"parent_id":null,"metadata":{"child_laws":1890,"child_structures":173},"date_created":"2026-08-02 02:45:30","date_modified":"2026-08-02 12:32:55","permalink":{"id":1437663,"object_type":"structure","relational_id":51644,"identifier":"38.2","token":"38.2","url":"\/38.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":361701,"structure_id":51707,"section_number":"38.2-2000","catch_line":"Purposes of chapter","url":"\/38.2-2000\/","token":"38.2\/20\/1\/38.2-2000","metadata":false},{"id":361700,"structure_id":51707,"section_number":"38.2-2000.1","catch_line":"Definitions","url":"\/38.2-2000.1\/","token":"38.2\/20\/1\/38.2-2000.1","metadata":false},{"id":361702,"structure_id":51707,"section_number":"38.2-2001","catch_line":"Insurance to which chapter applies","url":"\/38.2-2001\/","token":"38.2\/20\/1\/38.2-2001","metadata":false},{"id":361704,"structure_id":51707,"section_number":"38.2-2002","catch_line":"Joint underwriting and joint reinsurance","url":"\/38.2-2002\/","token":"38.2\/20\/1\/38.2-2002","metadata":false},{"id":361703,"structure_id":51707,"section_number":"38.2-2002.1","catch_line":"Residual market mechanism; reinsurance pool","url":"\/38.2-2002.1\/","token":"38.2\/20\/1\/38.2-2002.1","metadata":false}],"previous_section":{"id":361702,"structure_id":51707,"section_number":"38.2-2001","catch_line":"Insurance to which chapter applies","url":"\/38.2-2001\/","token":"38.2\/20\/1\/38.2-2001","metadata":false},"next_section":{"id":361703,"structure_id":51707,"section_number":"38.2-2002.1","catch_line":"Residual market mechanism; reinsurance pool","url":"\/38.2-2002.1\/","token":"38.2\/20\/1\/38.2-2002.1","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/38.2-2002\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1952, chapter 317; in 1973, chapter 504; in 1986, chapter 562; in 1993, chapter 985.<\/p>","references":false,"refers_to":[{"id":361731,"section_number":"38.2-2026","catch_line":"Action of Commission upon request for hearing on order or decision made without a hearing","order_by":null,"url":"\/38.2-2026\/"}],"permalink":{"id":1440291,"object_type":"law","relational_id":361704,"identifier":"38.2-2002","token":"38.2\/20\/1\/38.2-2002","url":"\/38.2-2002\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/38.2-2002\/","token":"38.2\/20\/1\/38.2-2002","dublin_core":{"Title":"Joint underwriting and joint reinsurance","Type":"Text","Format":"text\/html","Identifier":"\u00a7 38.2-2002","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> 1. Each group, association or other organization of insurers<\/span> that engages in joint underwriting or joint reinsurance for the insurance<\/span> to which this chapter applies shall file with the Commission<\/span> (i) a copy of its constitution, its articles of incorporation, agreement or association, and a copy of its bylaws, rules and regulations governing its activities, all duly certified by the custodian of the originals of the copies, (ii) a list of its members, and (iii) the name and address of a resident of this Commonwealth upon whom notices or orders<\/span> of the Commission<\/span> or process may be served. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Each such organization of insurers<\/span> shall notify the Commission<\/span> promptly of every change in the information required to be filed by this subsection. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> This subsection shall not apply to the Virginia Automobile Insurance Plan, the Virginia Property Insurance Association<\/span> and the Virginia Workers’ Compensation Insurance Plan. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Each group, association or other organization of insurers<\/span> that engages in joint underwriting for the insurance to which this chapter applies shall be subject to this chapter. Each such organization of insurers<\/span> that engages in joint reinsurance for the insurance to which this chapter applies shall be subject to § 38.2-2026<\/a>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> If, after providing notice and opportunity to be heard, the Commission<\/span> finds any activity or practice of any such organization of insurers<\/span> to be unfair, unreasonable or otherwise inconsistent with this chapter, it shall issue<\/span> a written order<\/span> (i) specifying in what respect the activity or practice is unfair, unreasonable or otherwise inconsistent with this chapter, and (ii) requiring the discontinuance of the activity or practice. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nJOINT UNDERWRITING AND JOINT REINSURANCE (\u00a7 38.2-2002)\n\nA. 1. Each group, association or other organization of insurers that engages in\njoint underwriting or joint reinsurance for the insurance to which this chapter\napplies shall file with the Commission (i) a copy of its constitution, its\narticles of incorporation, agreement or association, and a copy of its bylaws,\nrules and regulations governing its activities, all duly certified by the\ncustodian of the originals of the copies, (ii) a list of its members, and (iii)\nthe name and address of a resident of this Commonwealth upon whom notices or\norders of the Commission or process may be served.\n\n 2. Each such organization of insurers shall notify the Commission promptly of\n every change in the information required to be filed by this subsection.\n\n 3. This subsection shall not apply to the Virginia Automobile Insurance Plan,\n the Virginia Property Insurance Association and the Virginia Workers’\n Compensation Insurance Plan.\n\nB. Each group, association or other organization of insurers that engages in\njoint underwriting for the insurance to which this chapter applies shall be\nsubject to this chapter. Each such organization of insurers that engages in\njoint reinsurance for the insurance to which this chapter applies shall be\nsubject to § 38.2-2026.\n\nC. If, after providing notice and opportunity to be heard, the Commission finds\nany activity or practice of any such organization of insurers to be unfair,\nunreasonable or otherwise inconsistent with this chapter, it shall issue a\nwritten order (i) specifying in what respect the activity or practice is unfair,\nunreasonable or otherwise inconsistent with this chapter, and (ii) requiring the\ndiscontinuance of the activity or practice.\n\nHISTORY: Code 1950, \u00a7\u00a7 38-218.2, 38-249, 38-253.46; 1952, c. 317, \u00a7 38.1-224;\n1973, c. 504, \u00a7 38.1-279.43; 1986, c. 562; 1993, c. 985.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}