American Bankers Life Assurance Co. of Florida v. Division of Consumer Counsel

I’ANSON, C J.,

delivered the opinion of the Court.

In this appeal brought pursuant to Code § 12.1-39, we consider various challenges to the substance of the State Corporation Commission’s “Rules Governing Credit Life Insurance” (hereafter referred to as the Rule) and the procedure used by the Commission in promulgating the Rule. The primary issues for resolution are whether provisions of the Rule exceed the Commission’s statutory authority provided in Code §§ 38.1-482.1 through -482.16, and whether the Commission denied procedural due process in promulgating a rule different from, its initial…