A foreign title insurance company licensed to transact business in the Commonwealth shall be permitted to establish and maintain an unearned premium reserve on title insurance policies issued on properties located in the Commonwealth pursuant to the reserving laws of that foreign title insurance company's domiciliary regulator so long as the domiciliary regulator is accredited under the National Association of Insurance Commissioner's Financial Regulation Standards and Accreditation Program.
2008, c. 248.
Structure Code of Virginia
§ 38.2-4600. Class of insurance and insurance companies to which chapter applies
§ 38.2-4601. Title insurance company defined
§ 38.2-4601.1. Title insurance agency or agent defined
§ 38.2-4602. What laws applicable
§ 38.2-4603. What companies may transact title insurance
§ 38.2-4604. Investment in plant and equipment
§ 38.2-4606. Forms to be filed with Commission
§ 38.2-4608. Title insurance rates
§ 38.2-4609. Loss or claim reserves
§ 38.2-4610.1. Unearned premium reserve
§ 38.2-4610.1:1. Unearned premium reserves of foreign title insurance companies
§ 38.2-4613. Unearned premium reserve to be held and administered for benefit of policyholders
§ 38.2-4615. Exchange of information
§ 38.2-4616. Notification to buyers of the availability of owner's title insurance