Alfred W. Gross, one of the longest serving insurance commissioners in the U.S., died this week, less than seven months after he gave up his post has Virginia’s insurance regulator.

United Prosperity Life Insurance Co. has signed an definitive agreement to buy Shenandoah Life Insurance Co., a Roanoke, Va.-based insurer that has been in receivership over financial concerns since February 2009.

The company with the largest life insurance sales force in the U.S. says the licensing test for insurance agents is too tough so it is asking state regulators to ease the test.

About 2.6 million people in Virginia private insurance market will be eligible for the state’s health insurance exchanges, according to a new state report, which called the current insurance state insurance market “unsustainable.”

With hurricane season approaching, Virginia’s insurance commissioner is urging state residents to talk to their insurance agents and providers about coverage options, including the National Flood Insurance Program (NFIP).

A New York insurance agent had his license reinstated in Virginia after regulators in that state found that a national licensing system failed to properly forward information he submitted about an administrative action.

A group of parents is seeking the help of the Virginia State Corporation Commission’s Bureau of Insurance to make clear what insurers must cover for autistic children.

An insurance company has been fined $120,000 by Virginia regulators for using policy paperwork or endorsements prior to their approval.

The Guardian Life Insurance Co. of America was ordered to pay $62,000 in fines after a market conduct examination in Virginia found violations, including improper handling of claims.

Virginia insurance regulators say consumers with existing National Flood Insurance Program policies are covered, even though the program lost its federal funding March 28.