The Commission may investigate and determine, (i) upon its own motion, (ii) at the request of any citizen or any interested party in this Commonwealth, or (iii) at the request of any insurer subject to this chapter, whether rates in this Commonwealth for the classes of insurance to which this chapter applies are excessive, inadequate or unfairly discriminatory or whether loss experience and other factors within the Commonwealth are being properly used to determine the rates. In any such investigation and determination the Commission shall give separate consideration to those factors in the manner specified in § 38.2-1904.
1973, c. 504, § 38.1-279.37; 1986, c. 562; 1987, c. 697.
Structure Code of Virginia
Chapter 19 - Regulation of Rates Generally
§ 38.2-1900. Purposes of chapter
§ 38.2-1903.1. Exemptions of large commercial risks
§ 38.2-1905. Motor vehicle insurer not to charge points or increase premiums in certain instances
§ 38.2-1906. Filing and use of rates
§ 38.2-1906.1. Misquote of premium
§ 38.2-1907. Filings open to inspection
§ 38.2-1908. Rate making and delegation of filing obligation
§ 38.2-1909. Review of rates by Commission
§ 38.2-1910. Disapproval of rates
§ 38.2-1911. Special restrictions on individual insurers
§ 38.2-1912. Delayed effect of rates; certification of reinsurance with affiliated company
§ 38.2-1913. Operation and control of rate service organizations
§ 38.2-1914. Licensing of rate service organizations
§ 38.2-1915. Joint underwriting or joint reinsurance organizations
§ 38.2-1916. Certain conduct by insurers and rate service organizations prohibited
§ 38.2-1916.2. Penalties; injunctive relief; restitution
§ 38.2-1917. Injunctive relief
§ 38.2-1918. Agreements for equitable apportionment of insurance
§ 38.2-1919.1. Interchange of rating data and information
§ 38.2-1920. Excess rate for a specific risk
§ 38.2-1921. Combination policies
§ 38.2-1921.1. Professional employer organization workers' compensation rating
§ 38.2-1922. No rule prohibiting or regulating payment of dividends, etc., to be adopted
§ 38.2-1923. Person aggrieved by application of rating system to be heard; appeal to Commission
§ 38.2-1927. Withholding information; giving false or misleading information