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Results for content tagged as Virginia

1.

Apr 27, 2016 - ... letter in Virginia reminds insurers that, under state rating laws, "any rate differentials for the same coverage must be based on differences between expected losses and/or expenses" for the policy period...

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Mar 25, 2016 - ... law in Virginia allows insurers to file rating information that limits rate decreases for renewal policies, provided that any rate increases that might be applicable would also be limited. The provision takes effect...

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Feb 25, 2016 - ... UPDATE: A recent memorandum from the Virginia Bureau of Insurance notifies insurers of the law to reinstate the right to mail notices (see below). The bulletin states that memorandum provides guidance relating to the documentation the...

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Sep 3, 2015 -

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Jun 8, 2015 - ... Virginia Bureau of Insurance for revised amendatory endorsements filed in that state to comply with new statutory language regarding notifications of cancellations, non-renewals, reductions in coverage, or increases in premium...

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Apr 7, 2015 - ... Virginia Bureau of Insurance is reminding insurers of their obligation to provide several disclosures to applicants and insured's for policies that provide "fire" coverage on its own or in combination with...

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Sep 5, 2014 - ... Virginia property insurance policies will now be binding on the parties to the contract, according to a recent letter from the Virginia Bureau of Insurance. The latest letter reverses a...

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Dec 26, 2012 - ... Virginia Bureau of Insurance recently issued instructions that policy forms filed to implement a newly mandated coverage for volunteer fire service charges must have an effective date of no...

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Sep 25, 2012 - [ACTION_PRINT_ARTICLE] A new law in Virginia, applicable to all property/casualty policies, adds a new statement to the listing of information insurers must specify with each policy. Currently, P/C insurers are required to indicate, among other things, the names of parties to the contract, risks insured against, effective dates, and conditions. Under the new law, as of Oct. 1, 2012, insurers are also required to provide a list of all policy forms and endorsements applicable to that policy. T...

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Aug 20, 2012 - ... Brunswick;" "Visit those parts of the United States, which lie south of the southern boundaries of the States of Virginia and Kentucky, between the first of July and the first of November;" "Enter into any military or...