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Property and Casualty

COVID-19 Report

close up of a coronavirus molecule

Property and Casualty

COVID-19 Report

Virginia

For Benefits Compliance specific state updates for Virginia click here.

On March 27, 2020, the Virginia Bureau of Insurance issued a Notice strongly encouraging insurers to consider taking the following actions, consistent with prudent insurance practices:

  • Insurers should consider relaxing due dates for premium payments, extending grace periods, waiving late fees and penalties, and allowing payment plans for premium payments to otherwise avoid a lapse in coverage.
  • Insurers should also consider cancellation or non-renewal of policies only after exhausting all other reasonable efforts to work with policyholders to continue coverage.

VA Notice

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