§ 38.2-1334.11 Definitions
As used in this article, unless the context requires a different meaning: “Commissioner” means the chief insurance regulatory official of a state, however designated. “Corporate Governance Annual Disclosure” or “CGAD” means a confidential report filed by the insurer or insurance group made in accordance with the requirements of this article. “Insurance group” means those insurers and affiliates included within an insurance holding company system as defined in § 38.2-1322. “Insurer” means an insurance company as defined in § 38.2-100, except that “insurer” shall not include agencies, authorities, or instrumentalities of the United States, its possessions and territories, the Commonwealth of Puerto Rico, the District of Columbia, or a state or political subdivision of a state. “NAIC” means the National Association of Insurance Commissioners.
History
This law was first created in 2017. The record of its establishment is cataloged in chapter 643 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
2017, c. 643.