The 2021 Atlantic hurricane season begins on June 1 and follows an active 2020 hurricane season that serves as a stark reminder of the need to plan ahead.
SCC Bureau of Insurance recovers $14M for consumers in 2020
Published Saturday, Feb. 20, 2021, 1:57 pm
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Front Page » Government/Politics » SCC Bureau of Insurance recovers $14M for consumers in 2020
The State Corporation Commission Bureau of Insurance helped thousands of consumers recover approximately $14.3 million in refunds, benefits, restitution and other payments related to their insurance coverage in 2020.
These efforts are only one of the many ways in which the Bureau assists Virginians who have insurance questions or concerns – whether those consumers are shopping for insurance, trying to understand what their insurance policy covers, have questions about premiums, or question why their insurance company did not renew a policy or why it denied a claim.
Climate, AI, Privacy, Racial Bias Among State Insurance Regulators’ 2021 Priorities February 10, 2021
The country’s insurance regulators are vowing to prioritize the monitoring of the use of consumer and non-consumer data by companies, the use of artificial intelligence, and the availability and affordability of insurance products for racial minorities.
They say they will also remain active responding to the ongoing coronavirus pandemic and its impact on consumers and insurance markets.
The state regulators’ organization, the National Association of Insurance Commissioners (NAIC), celebrating its 150th anniversary, announced its strategic priorities for 2021.
“This year marks 150 years of NAIC members being unified in their commitment to protect consumers and ensure fair, competitive, and healthy markets,” said NAIC President and Florida Insurance Commissioner David Altmaier. “In 2021, we will continue this tradition and find ways