                                 CODE OF VIRGINIA

ISSUANCE AND DELIVERY OF SURPLUS LINES POLICIES; PRIOR AUTHORITY OR INFORMATION
REQUIRED (§ 38.2-4810)

Each policy or other written evidence of insurance procured pursuant to this
chapter shall be delivered promptly to the named insured shown on the
policy&#8217;s declarations page. No surplus lines broker shall issue or deliver
any policy or other written evidence of insurance or represent that insurance
will be or has been granted by an eligible nonadmitted insurer unless (i) he has
prior written authority from such insurer for the insurance, (ii) he has
received information from the insurer in the regular course of business that the
insurance has been granted, or (iii) an insurance policy providing the insurance
actually has been issued by the insurer and delivered to the named insured shown
on the policy&#8217;s declarations page.

HISTORY: Code 1950, § 38.1-314.10; 1960, c. 503; 1979, c. 513, § 38.1-327.55;
1984, c. 719; 1986, c. 562; 2011, c. 498; 2018, c. 205.