Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 14. Insurance |
Agency 5. State Corporation Commission, Bureau of Insurance |
Chapter 400. Rules Governing Unfair Claim Settlement Practices |
Section 30. File and record documentation
Latest version.
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The insurer's claim files shall be subject to examination by the Commission or by its duly appointed designees. Such files shall contain all notes and work papers pertaining to the claim in such detail that pertinent events and the dates of such events can be reconstructed.
Historical Notes
Derived from Regulation 12, Case No. 19961, § 4, eff. September 15, 1978.
Statutory Authority
§ 38.2-510 of the Code of Virginia.