Virginia Bureau of Insurance News

Virginia Insurers ‘Actively Preparing’ for Florence; State’s Top 10 Home Insurers

The Virginia Bureau of Insurance says it is “confident that insurers are actively preparing for this storm” as the potential impact of Hurricane Florence is anticipated in the state. “The Bureau’s focus is first – to encourage everyone to prepare …

Virginia Bureau of Insurance Names Bryant Managed Care Ombudsman

Todd A. Bryant has been named managed care ombudsman with the Virginia State Corporation Commission’s (SCC) Bureau of Insurance, effective September 10, 2018. Bryant has worked in the Ombudsman’s Office as a senior insurance market examiner for the past six …

SCC Names White as New Virginia Commissioner of Insurance

The State Corporation Commission (SCC) in Virginia has appointed Scott A. White to serve as Virginia’s 14th Commissioner of Insurance in the 111-year history of the SCC’s regulation of the insurance industry. White assumes the post on Jan. 1, 2018, …

Veterans Can Now Be Reimbursed for Virginia Insurance License Exam Fees

Veterans of the United States Armed Forces and some active duty military and reservists now have a new incentive to become licensed insurance agents in Virginia. The State Corporation Commission’s Bureau of Insurance recently received approval from the Virginia Department …

Virginia Insurance Commissioner to Retire After 30 Years

Virginia Insurance Commissioner Jacqueline K. Cunningham will retire at the end of the year after serving for a total of 30 years with the State Corporation Commission’s (Commission) Bureau of Insurance (Bureau). She was appointed by the Commission to serve …

Virginia Approves 3.4% Overall Increase in Workers’ Comp Loss Costs

The Virginia State Corporation Commission (SCC) announced Tuesday the approval of revisions to the premium levels charged for workers’ compensation insurance in Virginia. The revisions will result in an overall average increase of 3.4 percent for voluntary market loss costs …

Virginia Bureau of Insurance Announces 2 New Deputy Commissioners

The Virginia State Corporation Commission’s Bureau of Insurance has appointed Rebecca Nichols as deputy commissioner of the Property and Casualty Division.

Virginia Bureau of Insurance Offers Hurricane Preparedness Tips

Sunday, June 1, marked the official start of the 2014 Atlantic hurricane season, and Virginia’s Bureau of Insurance is encouraging consumers to ensure that they have the insurance coverage they need and to develop a plan to protect themselves physically …

Virginia SCC Seeking Public Comment on Long-Term Care Insurance Rules

Virginia’s State Corporation Commission is reviewing rules governing long-term care insurance to determine whether revisions are needed. The SCC said Tuesday that it is seeking public comment on the rules. Comments and suggestions also are being sought on a recent …

Virginia Insurance Bureau Offers Hurricane Season Tips

Hurricane season is approaching, and the state Bureau of Insurance is urging Virginians to check their coverage before a storm hits.The season runs from June 1 through Nov. 30 each year. Insurance Commissioner Jacqueline Cunningham says it’s wise to make …