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Home » US Law » 2022 Code of Virginia » Title 38.2 - Insurance » Chapter 1 - General Provisions » Article 3. Classes of Insurance Companies May Write; Reinsurance

§ 38.2-135. Classes of insurance companies may be licensed to write

Except as otherwise provided in this title and subject to any conditions and restrictions imposed therein, any insurer licensed to transact the business of insurance in the Commonwealth, other than life insurers and title insurers, may be licensed to write one or more of the classes of insurance enumerated in Article 2 (§ 38.2-101 et […]

§ 38.2-136. Reinsurance

A. Except as otherwise provided in this title, any insurer licensed to transact the business of insurance in this Commonwealth may, by policy, treaty or other agreement, cede to or accept from any insurer reinsurance upon the whole or any part of any risk, with or without contingent liability or participation, and, if a mutual […]

§ 38.2-137. Flood insurance

“Flood insurance” means insurance against loss or damage to any property caused by flooding or the rising of the waters of the ocean or its tributaries. 1990, c. 916.