§ 65.2-820 Application to State Corporation Commission for assignment of risk; insurer assigned risk to issue policy
Every employer subject to the provisions of this chapter who has been unable to obtain a workers’ compensation insurance policy shall have the right to apply to the State Corporation Commission to have his risk assigned to an insurance carrier licensed to write and writing workers’ compensation insurance in this Commonwealth. The insurance carrier, whether stock, mutual, reciprocal or interinsurer or other type or form of organization, to whom any such risk is assigned shall issue a policy of workers’ compensation insurance which will enable such employer to meet the requirements of this chapter.
History
The record of this law’s original creation isn’t available online. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1956, chapter 358; in 1968, chapter 660; in 1991, chapter 355.
Code 1950, § 65-114.1; 1956, c. 358; 1968, c. 660, § 65.1-119; 1991, c. 355.