In response to a law change taking effect July 1, 2004, agents selling prepaid legal service plan contracts in Virgnia must register with the Office of the Consumer Affairs (OCA) at the Virginia Department of Agriculture and Consumer Services.
This registration will take the place of the license authority issued by the Bureau of Insurance, and all authority to market these plans under an insurance license will terminate on September 30, 2004.
In order to continue to market these plans after September 30, 2004, the individual sellers must register with OCA between July 1, 2004 and September 30, 2004. The Bureau of Insurance will not issue any new licenses after June 30, 2004.
Those wishing to market these plans after July 1, 2004, must register with OCA. Licensees are advised to visit the OCA website for additional information: http://www.vdacs.state.va.us/consumers/.
Was this article valuable?
Here are more articles you may enjoy.
Comulate Loses Appeal for Injunction Against Applied Systems 
Texans Hate Data Centers So Much They Are Asking Jesus for Help 
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years 
