Final answer:
The Commissioner of Insurance in Virginia can examine individuals that transact insurance on a regular basis, as necessary to maintain the integrity of the insurance market and protect policyholders.
Step-by-step explanation:
The Commissioner of Insurance in Virginia can examine individuals that transact insurance on a regular basis. According to Virginia law, the Commissioner has the authority to examine insurers, insurance producers, and other individuals involved in the insurance industry.
The frequency of these examinations may vary depending on several factors, including the size and nature of the insurance business, the compliance history of the individual or company, and any consumer complaints or concerns. The goal of these examinations is to ensure that individuals and companies are following the laws and regulations governing the insurance industry and to protect consumers from fraudulent or unethical practices.
Overall, the Commissioner of Insurance in Virginia has the power to examine individuals as often as necessary to maintain the integrity of the insurance market and protect the interests of policyholders.