38.2-2010 - Suspension or modification of requirement for filing. - Virginia Statutes

§ 38.2-2010. Suspension or modification of requirement for filing.

The Commission, by order, may suspend or modify the filing requirement ofthis chapter for any kind of insurance or subdivision or combination ofinsurance, or for classes of risks, where the rates for the insurance cannotpracticably be filed before they are used. The order shall be made known toinsurers and rate service organizations affected by it. The Commission maymake any examination it deems advisable to determine whether any ratesaffected by the order meet the standards set out in subsection A of §38.2-2005.

(Code 1950, §§ 38-253.31, 38-253.77; 1952, c. 317, § 38.1-259; 1986, c. 562.)