(a) If any sales representative is convicted by a court of a violation of this chapter, the registration of such individual shall be deemed to be immediately revoked. (b) If after an investigation, or upon other evidence, the Commissioner has reason to believe that there may exist any one or more grounds, as such grounds […]
(a) If the Commissioner finds that one or more grounds exist for the suspension of, revocation of, or refusal to renew or continue any registration issued under this chapter, the Commissioner may, in his discretion, in lieu of such suspension, revocation, or refusal, on a first offense and except when such suspension, revocation, or refusal […]
All license fees, taxes on premiums and assessments, registration fees, and administrative fines and penalties collected under this chapter from associations shall be deposited to the Insurance Guaranty Fund of the Treasury of the Government of the Virgin Islands.
Nothing in the Insurance Code or this chapter shall be deemed to authorize any ambulance service association to transact any business other than that of ambulance service contracts or to otherwise engage in any other type of insurance unless the association is authorized to do so under a certificate of authority issued by the Commissioner […]
No insurer or ambulance service association shall act as a fronting company for any unauthorized insurer or ambulance service association. A “fronting company” is an insurer or ambulance service association which by reinsurance or otherwise, generally transfers to one or more unauthorized insurers or ambulance service associations, the risk of loss under ambulance service contracts […]
(a) No association shall permit any funeral director or undertaker, or any member of his immediate family, to directly or indirectly by association or incorporation act as the representative, adjuster, claim agent, special agent, sales representative, or agent for such association in soliciting, negotiating or effecting ambulance service contracts on any plan or of any […]
In addition to any applicable denial of, suspension of, revocation of, or refusal to renew any certificate of authority, any person who knowingly makes a false of otherwise fraudulent application for a certificate of authority or registration under this chapter, is guilty of a misdemeanor. Each instance of violation shall be considered a separate offense.
All active investigatory records of the Commissioner made or received pursuant to this chapter, and any active examination records necessary to complete an active investigation, shall be confidential and shall not be subject to public inspection under the provisions of Title 3, chapter 881 of this code for so long as reasonably necessary to complete […]
