Virginia Insurance Commissioner Jacqueline K. Cunningham to retire this year

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After three decades serving at the Bureau of Insurance, Cunningham announced her retirement. Jacqueline K. Cunningham, Virginia insurance commissioner, announced her intention to retire at the end of the year. She has been working with the State Corporation Commission’s Bureau of Insurance for a total of thirty years. Cunningham was first appointed to the Virginia Commission as insurance commissioner in 2011. She began her post as the thirteenth Virginia insurance commissioner on January 1, 2011. That said, she was first hired by the Bureau of Insurance in 1981. Her first…

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Virginia to provide licenses to public insurance adjusters

Public Insurance Adjusters Colorado

Public insurance adjusters to begin receiving licensing next year Virginia insurance regulators are looking to license public adjusters to help manage the flow of claims that the state’s insurance companies receive as a result of natural disasters. The State Corporation Commission’s Bureau of Insurance is expected to begin issuing licenses for public insurance adjusters beginning early next year. Recent natural disasters have proven to generate a high number of claims. A limited number of insurance adjusters means that some of these claims could sit unresolved for extensive periods of time.…

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Virginia officials encouraging residents to purchase earthquake insurance

Virginia officials are urging residents to check their home insurance policies to ensure they have protection against earthquakes. The initiative comes as a new law takes effect, which will force insurance companies to disclose what their various policies do not offer coverage for. State officials are hoping that residents will be proactive in finding out what coverage they may lacking and take steps to rectify the problem before they fall victim to a devastating natural disaster. According to the State Corporation Commission’s Bureau of Insurance, many Virginia residents do not…

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