Virginia Code 65.2-824: Disclosures not required of State Corporation Commission; liability for acts or omissions
A. The State Corporation Commission shall not be required to disclose to any person, including the applicant or policyholder, its reasons for:
Terms Used In Virginia Code 65.2-824
- Commission: means the Virginia Workers' Compensation Commission as well as its former designation as the Virginia Industrial Commission. See Virginia Code 65.2-101
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: includes any individual, corporation, partnership, association, cooperative, limited liability company, trust, joint venture, government, political subdivision, or any other legal or commercial entity and any successor, representative, agent, agency, or instrumentality thereof. See Virginia Code 1-230
- State: when applied to a part of the United States, includes any of the 50 states, the District of Columbia, the Commonwealth of Puerto Rico, Guam, the Northern Mariana Islands, and the United States Virgin Islands. See Virginia Code 1-245
1. Refusing to assign an application;
2. Approving the rejection of an application by an insurance carrier;
3. Approving the cancellation of a workers’ compensation policy by an insurance carrier; or
4. Refusing to approve the renewal or the reassignment of an expiring policy.
B. The State Corporation Commission shall not nor shall anyone acting for it 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.
Code 1950, § 65-114.5; 1956, c. 358; 1968, c. 660, § 65.1-123; 1991, c. 355.