                                 CODE OF VIRGINIA

DEFINITIONS (§ 52-36)

As used in this chapter, the following words shall have the following meanings:
		&#8220;Commission&#8221; means the State Corporation Commission.
		&#8220;Insurance fraud&#8221; means any commission or attempted commission of
the criminal acts and practices defined in § 18.2-178 which involve any type of
insurance as defined in §§ 38.2-110 through 38.2-122.2 and 38.2-124 through
38.2-132.
		&#8220;Insurance policy&#8221; means a contract or other written instrument
between an insured and insurer setting forth the obligations and
responsibilities of each party.
		&#8220;Insurance premium finance company&#8221; has the same meaning as
specified in § 38.2-4700.
		&#8220;Insurance professional&#8221; means adjusters, agents, managing general
agents, surplus lines brokers, reinsurance intermediaries, insurance
consultants, brokers, and attorneys-in-fact.
		&#8220;Insurance transaction,&#8221; &#8220;insurance business,&#8221; and
&#8220;business of insurance&#8221; include solicitation, negotiations
preliminary to execution of an insurance contract, execution of an insurance
contract and the transaction of matters subsequent to execution of a contract
and arising out of it, and matters arising out of any relationship among or
between an insured, an insurer and a third party for which an insurance policy
provides coverage.
		&#8220;Insured&#8221; means any person covered by an insurance policy.
		&#8220;Insurer&#8221; means any person subject to regulation pursuant to Title
38.2, 46.2, or 65.2 engaged in the business of making, or purporting to make,
contracts of insurance and any self-insured private or public employer; however,
this term shall not include (i) any person licensed by or subject to regulation
pursuant to Chapter 18 (§ 38.2-1800 et seq.) of Title 38.2, (ii) title insurers
subject to regulation pursuant to Chapter 46 (§ 38.2-4600 et seq.) of Title
38.2, (iii) continuing care providers subject to registration pursuant to
Chapter 49 (§ 38.2-4900 et seq.) of Title 38.2, and (iv) purchasing groups
authorized by Chapter 51 (§ 38.2-5100 et seq.) of Title 38.2.

HISTORY: 1998, c. 590; 2000, c. 526; 2011, c. 208.