Tag: National Association of Insurance Commissioners (NAIC)

Senate Weighs Two Measures To Tighten Insurance Regulations … Hears St. John Rezoning Request

CRUZ BAY— Members of the 33rd Legislature have begun the process of revamping local insurance regulations in order “to better protect Virgin Islands property owners.” After hearing testimony from insurance companies and Virgin Islands officials on Wednesday, Senators were largely in support of Bills No. 33-0015 and No. 33-0016. The legislation, proposed by Governor Albert […]