Determining whether authorization exists; burden on insurance producer

  1. Law
  2. US Virgin Islands Code
  3. Insurance
  4. Virgin Islands Insurance Producer and Adjuster Licensing
  5. Determining whether authorization exists; burden on insurance producer

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  • Any insurance producer soliciting, negotiating, or procuring an application for insurance or health care services in the Territory must make a good faith effort to determine whether the entity that is issuing the coverage is:

    • (1) authorized as an admitted insurer to transact health insurance coverage in this Territory; or

    • (2) a property or casualty insurer, conducting business as an admitted insurer or through a surplus line broker licensed under chapter 27 of this title.


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