§ 46.2-469 Commission not required to disclose reasons for action; liability of Commission for act or omission
A. The Commission shall not be required to disclose to any person, including the applicant or policyholder, its reasons for:
2. Approving the rejection of an application by an insurance carrier;
3. Approving the cancellation of a policy of motor vehicle liability, physical damage, and medical payments insurance by an insurance carrier; or
4. Refusing to approve the renewal or the reassignment of an expiring policy.
B. The Commission or anyone acting for it shall not be held liable for any act or omission in connection with the administration of the duties imposed upon it by the provisions of this chapter, except upon proof of actual malfeasance.
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 1958, chapter 541; in 1972, chapter 842; in 1989, chapter 727.
Code 1950, § 46-490; 1958, c. 541, § 46.1-501; 1972, c. 842; 1989, c. 727.