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Maine Bureau of Insurance investigations lead to $1 4M recovered

Insurance investigations recover nearly $1.4M for Mainers Additionally, policies valued at $818,000 were matched to Mainers through the National Association of Insurance Commissioners Life Insurance Policy Locator. Credit: AP Published: 2:40 PM EST February 11, 2021 Updated: 2:42 PM EST February 11, 2021 AUGUSTA, Maine Maine Bureau of Insurance Superintendent Eric Cioppa announced Thursday that nearly $1.4 million was recovered for Maine consumers through investigations conducted by the Bureau’s consumer divisions in 2020.  Additionally, policies valued at $818,000 were matched to Mainers through the Life Insurance Policy Locator, managed by the National Association of Insurance Commissioners (NAIC), of which Maine is a member. “Throughout 2020, despite the majority of our staff working remotely, we maintained our normal daily schedules and support services for consumers and also put in place a number of pandemic-related orders and bul

Free life insurance policy locator tool helps Virginians recover $37M

Free life insurance policy locator tool helps Virginians recover $37M Published Sunday, Jan. 31, 2021, 9:54 am Join AFP s 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: augustafreepress2@gmail.com Front Page » Government/Politics » Politics2 » Free life insurance policy locator tool helps Virginians recover $37M (© Gajus – stock.adobe.com) A free service provided by life insurance companies has helped 2,996 Virginia residents recover $37,338,096 pledged to them as beneficiaries of life insurance policies and annuity contracts since 2017. The State Corporation Commission Bureau of Insurance encourages any Virginian looking for lost or misplaced life insurance policies or annuity contracts (whether issued in Virginia or elsewhere) to take advantage of the free Life Insurance Policy Locator, which is offered through the National Association of Insurance Commissioners (NAIC).

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