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Virginia Bureau of Insurance Issues Guidance on Arbitration for Balance Billing Claims

Feb 24, 2022

The Bureau of Insurance administers the arbitration process for balance billing claim disputes between carriers …

Virginia Issues New Rules Related to Dwelling Property and Homeowners Insurance

Dec 21, 2021

The Virginia State Corporation Commission, Bureau of Insurance issued new rules governing the content of dwelling property insurance policies (Chapter 341) and new rules governing the content of homeowners insurance policies (Chapter 342) found at Title 14 of the...

Virginia Changes Licensing for Insurance Agents Effective January 1, 2021

Feb 25, 2021

Beginning January 1, 2021, the Bureau of Insurance is changing the duration of agent licenses from a perpetual basis to a biennial basis based on their birth month and year.  License renewal fees will be $10 every two years per line of authority.  Continuing education...

Virginia Passes Law Against Surprise Medical Billing Effective January 1, 2021

Feb 25, 2021

Beginning January 1, 2021, individuals enrolled in either fully insured managed care health insurance plans issued in Virginia or the state employee health benefit plan cannot be “surprise billed,” or balance billed (for more than their plan’s cost-sharing amounts),...

Virginia Approves ISO 2018 Personal Auto Policy Form and Related Endorsements as Standard Auto Forms

Oct 22, 2020

The Virginia Commissioner of Insurance issued Administrative Order No. 12113 on August 24, 2020, approving the ISO 2018 Personal Auto Policy form and a number of related endorsements as the standard auto forms.  These standard forms are available for use by all...

Virginia Bureau of Insurance Amends Rules Governing the Filing of Rates for Individual and Group Accident Sickness Insurance

Oct 29, 2019

Virginia Bureau of Insurance Issues Guidance Outlining Differences Between P&C Travel Insurance and L&H Accident and Sickness Insurance While Traveling The Virginia State Corporation Commission’s Bureau of Insurance has amended the rules governing the filing...
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Recent Posts

  • 2022 Virginia Insurance Law Amendments
  • Virginia Bureau of Insurance Issues Guidance on Arbitration for Balance Billing Claims
  • Virginia Issues New Rules Related to Dwelling Property and Homeowners Insurance
  • Sorkin Elected as FORC Chairman and President
  • Bland Retires

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