Va. Code § 38.2-1857.1

Current with changes from the 2024 legislative session through ch. 845
Section 38.2-1857.1 - Property and casualty insurance agents may be licensed as surplus lines brokers for certain insurance from eligible nonadmitted insurers

The Commission may issue a surplus lines broker's license to any individual or business entity actively licensed as a property and casualty insurance agent for the procuring of insurance of the classes enumerated in §§ 38.2-109 through 38.2-122.2 and §§ 38.2-124 through 38.2-134 from eligible nonadmitted insurers in the Commonwealth. However, nothing in this article or in Chapter 48 (§ 38.2-4805.1 et seq.) shall apply to the sale, solicitation, or negotiation of (i) the contracts of insurance cited in subsection C of § 38.2-1802 or (ii) contracts of insurance for any insured whose home state, as defined in § 38.2-4805.2, is a state other than the Commonwealth.

Va. Code § 38.2-1857.1

2001, c. 706; 2011, c. 498; 2018, c. 205.
Amended by Acts 2018 c. 205, § 1, eff. 7/1/2018.