38.2-2011 - Interchange of rating data and information. - Virginia Statutes

§ 38.2-2011. Interchange of rating data and information.

To promote uniform administration of rate regulatory laws, the Commission andeach insurer and each rate service organization subject to this chapter may(i) exchange information and experience data with insurance supervisoryofficials, insurers, and rate service organizations in other states, and (ii)consult with them regarding rate making and the application of ratingschedules and rating plans. Reasonable rules and plans may be promulgated bythe Commission for the interchange of data necessary for the application ofrating plans.

(Code 1950, §§ 38-218, 38-253.37, 38-253.38, 38-253.83, 38-253.84; 1952, c.317, § 38.1-260; 1986, c. 562.)