Administrative Orders
Identifier | Year | Description |
---|---|---|
AO 12179 | 2024 |
Effective May 1, 2024 (new business) and May 1, 2024 (renewal business) – VAIP Commercial Lines Filing No.: VA 23-07- Rule 58 for Uninsured Including Underinsured Motorists Insurance is revised to eliminate the rounding procedure. Rating worksheets have been amended to eliminate rounding down for Uninsured Including Underinsured Motorist.
|
AO 12180 | 2024 |
Effective May 1, 2024 (new business) and May 1, 2024 (renewal business) – VAIP Commercial Lines Filing No.: VA 23-06 Rule 27 for Uninsured Including Underinsured Motorists Insurance is revised to eliminate the rounding procedure. Rating worksheets have been amended to eliminate rounding down for Uninsured Including Underinsured Motorist.
|
AO 12181 | 2024 |
Administrative Order 12181 approved NCCI Item Filing RM-W-8050 – Revisions to Residual Market Manual and Forms Manual Related to Loss Sensitive Rating Plan (LSRP) and Producer Fees. Please Note: The Loss Sensitive Rating Plan (LSRP) is not available in Virginia.
This item clarifies in the Producer fee premium basis table in NCCI’s Residual Market Manual that the premium basis of the state is applied when the policy is a minimum premium policy.
|
AO 12182 | 2024 |
Effective March 1, 2024 (new business) and April 1, 2024 (renewal business) - AIPSO Filing No. VA 23-05 Personal Auto Rate Filing - This filing includes a rate increase of 7.7% overall.
|
AO 12183 | 2024 |
NCCI submitted Item Filing RM-W-8051 – Revisions to NCCI's Residual Market Manual Rules Related to Deposit Premium for Premium Financed Policies
NCCI has reviewed residual market rules related to deposit premium for premium financed policies and established a rule in Virginia to specify the deposit premium for premium financed policies in the residual market must be 100% of the total estimated premium, making these premium financed policies not eligible for premium installment payments.
|
AO12184 | 2024 |
Updated standard form PP 01 99 01 25- Amendment of Policy Provisions- Virginia to reflect new minimum financial responsibility limits effective 01/01/2025.
|
AO 12165 | 2023 |
AO 12165 - Approval of Personal Auto Standard Forms PP 14 03 07 23 and PP 14 34 07 23 for use with the 2018 Personal Auto Policy
|
AO 12165 Memo | 2023 |
Explanatory Memorandum
|
AO12165a | 2023 |
Grant of Permission
|
AO 12166 | 2023 |
Administrative Order 12166 approved NCCI Item Filing RM-01-VA--2023 Elimination of the Assigned Risk Adjustment Program (“ARAP”) in Virginia for Workers Compensation and Employers Liability Insurance policies effective on or after 04/01/2023. This filing revises the Residual Market Manual and the Statistical Plan Manual to reflect the elimination of the “ARAP” surcharge.
|