                                 CODE OF VIRGINIA

COOPERATION AMONG RATE SERVICE ORGANIZATIONS, OR AMONG RATE SERVICE
ORGANIZATIONS AND INSURERS, AUTHORIZED; REVIEW BY COMMISSION (§ 38.2-1924)

Cooperation among rate service organizations or among rate service organizations
and insurers in rate making or in other matters within the scope of this chapter
is hereby authorized if the filings resulting from such cooperation are subject
to all the provisions of this chapter applying to filings generally. The
Commission may review such cooperative activities and practices. If, after
providing notice and opportunity to be heard, it finds that any cooperative
activity or practice is unfair, unreasonable or otherwise inconsistent with this
chapter, the Commission shall issue a written order (i) specifying in what
respects the cooperative activity or practice is unfair, unreasonable or
otherwise inconsistent with this chapter, and (ii) requiring the discontinuance
of the cooperative activity or practice.

HISTORY: 1973, c. 504, § 38.1-279.52; 1986, c. 562.