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The Virginia Constitution of 1902 created the SCC to replace the Virginia Board of Public Works and the Office of Railroad Commissioner. The three-member Commission was charged with regulating the state railroads and telephone and telegraph companies and with registering corporations in Virginia. The SCC began operations on March 2, 1903.
9th Virginia Commissioner of Insurance; In office December 1, 1981 – December 31, 1986: Preceded by: James W. Newman Jr. Succeeded by: Steven T. Foster: Majority Leader of the Virginia House of Delegates; In office January 10, 1968 – January 11, 1978: Preceded by: John Warren Cooke: Succeeded by: A. L. Philpott: Member of the Virginia House ...
The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is established individually by each state. In order to better coordinate insurance regulation among the states and territories, insurance commissioners are members of the National Association of Insurance ...
Virginia’s insurance laws were recently updated, particularly with respect to uninsured and underinsured motorist coverage, which a driver may choose to add to their policy. As of July 1, 2023 ...
Until July 2024, most drivers can operate a vehicle without car insurance in Virginia if they pay an uninsured vehicle fee of $500 to the Department of Motor Vehicles (DMV). This fee does not ...
The West Virginia Insurance Commission, is the state agency that regulates the insurance industry and charged with overseeing the practices of insurance companies and protect the interests of policyholders and public.
The first state commissioner of insurance was appointed in New Hampshire in 1851 and the state-based insurance regulatory system grew as quickly as the insurance industry itself. [4] Prior to this period, insurance was primarily regulated by corporate charter, state statutory law and de facto regulation by the courts in judicial decisions.
The state’s insurance commissioner also used to hold the role of state fire marshal, but that was changed by lawmakers last year — a move current commissioner Causey strongly opposed.