                                 CODE OF VIRGINIA

APPLICATION TO STATE CORPORATION COMMISSION FOR ASSIGNMENT OF RISK; INSURER
ASSIGNED RISK TO ISSUE POLICY (§ 65.2-820)

Every employer subject to the provisions of this chapter who has been unable to
obtain a workers&#8217; 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&#8217; 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&#8217; compensation
insurance which will enable such employer to meet the requirements of this
chapter.

HISTORY: Code 1950, § 65-114.1; 1956, c. 358; 1968, c. 660, § 65.1-119; 1991,
c. 355.