Keep an eye out for gathering storms

Don't let hurricane season catch you off guard. Get ready. Stay ready.

Prepare now

Clerk's Information System (CIS)

CIS Help can improve your online experience

Start here!

Shop Medigap Plans

Make informed decisions about Medicare Supplement (Medigap) plans. The Medigap Premium Finder makes selecting a Medigap plan easier.

Find what's best for you
left slideshow arrow
right slideshow arrow

SCC News

On World Elder Abuse Awareness Day, SCC Offers Reminders About Senior Financial Exploitation

JUN 14, 2024

RICHMOND – Seniors lose billions of dollars annually due to financial exploitation. The loss to individual victims averages tens of thousands of dollars. Many times, the financial exploitation goes unreported.

On World Elder Abuse Awareness Day (June 15), the State Corporation Commission (SCC) reminds seniors, caregivers, financial professionals and all Virginians to recognize the signs of elder financial abuse and know how to report it.

Financial abuse can take many forms, including efforts to sell seniors fraudulent investments in person, online or by phone, or attempts to access their investment accounts for personal gain. It can be perpetrated by friends, family, caregivers, financial professionals or strangers. Seniors who have disabilities, rely on others for help or are socially isolated are especially vulnerable.

“Senior financial exploitation can happen anywhere, anytime and to anyone,” said Doug Joyce, director of the State Corporation Commission’s Division of Securities and Retail Franchising (Division). “Increasingly, seniors are being targeted by scammers. Perpetrators often strike when seniors are most vulnerable such as during a health crisis or after the death of a loved one. Social isolation and seniors’ increased reliance on the internet for many daily activities only compound the problem.”

In some cases, scammers may target their victims using personal details gleaned from obituaries and social media posts. Some may exploit established relationships within a senior’s social and support groups to become more involved in their life.

Possible red flags of senior financial abuse include the following:

  • Surrendering passwords and control of finances to a new or overly protective friend or caregiver;
  • Suspicious signatures on checks or other documents;
  • Unusual activity in investment or bank accounts, including large, frequent or unexplained withdrawals or transfers between accounts;
  • Unusual or sudden changes to beneficiary designations or to legal or financial documents involving investments, such as power of attorney, wills, trusts, retirement accounts or insurance policies, or documents that suddenly go missing;
  • Unexplained financial activities, such as the disappearance or “gifting” of assets, valuables or securities;
  • Fear of or sudden change in feelings toward friends or family members; and
  • A lack of knowledge by a senior about their financial status or reluctance to discuss financial matters.

Joyce encourages Virginians who suspect they or a loved one are the victims of investment fraud or possible senior financial exploitation to contact the Division by telephone (in Richmond at 804-371-9051 or toll-free at 1-800-552-7945), or by email at Additional information is available on the Division’s Invest Wisely web page at

The North American Securities Administrators Association, of which the Division is a member, also has developed resources to help individuals identify investment fraud and know how to report suspected elder financial abuse. These resources are available at


Contact: Katha Treanor, 804-371-9141

Read More

SCC Reminds Virginians to Plan Now for Hurricane Season

MAY 31, 2024

RICHMOND – Hurricane season is just around the corner, and the State Corporation Commission’s (SCC) Bureau of Insurance (Bureau) reminds Virginians that the time to plan is now. This includes reviewing your insurance policies to make sure you have the coverage you need if a hurricane or other disaster strikes.

The Atlantic hurricane season runs from June 1 through November 30 each year. Once a hurricane develops in the Atlantic, it may be difficult to find an insurance company willing to write hurricane-related coverage for your home, vehicle or business until after the storm threat passes

“Protect yourself physically and financially against hurricanes and other disasters. It’s never too early to start,” said Virginia Insurance Commissioner Scott A. White. “Hurricanes can wreak havoc on your home and other property. Review your insurance policies now and know what is and is not covered. If you have questions, contact your insurance agency or company or the Bureau of Insurance.”

Even areas hundreds of miles from the coast can experience floods and other damage caused by hurricanes’ high winds and torrential rains. Most hurricane damage is caused by flooding, not high winds. Even minor floods can cause extensive damage to your home, vehicle, business or belongings.

The Bureau offers the following reminders: 

  • Homeowners, renters and commercial insurance policies issued in Virginia typically do not cover damage caused by floods, surface water or storm surge. The federal government sells insurance for direct flood and flood-related damage to homeowners, renters and businesses in eligible communities through the National Flood Insurance Program (NFIP). Keep in mind that there is typically a 30-day waiting period for a new flood insurance policy to take effect. To learn more about this program, contact your insurance agent or the NFIP at 877-336-2627 or visit Some private insurers also offer their own flood policies, so check with your insurance agent about the availability of a private flood insurance policy. In either case, ask whether your flood policy provides coverage for your personal property.  
  • Some homeowners policies require a special deductible for wind or hurricane losses. These deductibles may be applied separately from any other deductible on the homeowners policy. Deductibles may be written as a flat amount, such as $1,000, or as a percentage of the insurance coverage limit on the dwelling, such as 2% of a $200,000 coverage limit ($4,000). Remember that the deductible is the amount that you must pay before the insurance company pays its portion of a claim. 
  • Prepare a complete inventory of your personal property including photographs, videos and serial numbers. Having a home inventory can facilitate the claims process if damage occurs. The National Association of Insurance Commissioners offers a free smartphone app that can facilitate this process. The app is available at Keep your insurance policies and home inventory together in a secure, waterproof and fireproof place. 
  • Know what to do if your property is damaged by a hurricane. Contact your insurance agent or company as soon as possible. As soon as it is safe to do so, make any necessary emergency repairs and take reasonable steps to prevent further damage to your property. Additionally, make a list of all damage to your property and include photographs, notes and repair-related receipts.
  • If you must evacuate, know the name of your insurance company and take your homeowners, auto and other insurance policies and your home inventory with you, or make sure you can access these important documents electronically. The policies will contain your policy numbers and the phone numbers of your insurance companies in case you have questions or need to file a claim. 

The Bureau of Insurance offers free consumer guides for homeowners and commercial property owners with information about what to do when a disaster strikes. These and many other consumer insurance guides are available at The Bureau’s specially trained staff stand ready to assist consumers with their insurance-related questions and concerns. To learn more, contact the Consumer Services Section of the Bureau’s Property and Casualty Division toll-free at 1-877-310-6560 or in Richmond at 804-371-9185. 

For additional emergency preparedness information regarding hurricanes and other types of disasters and hazards, visit


Contact: Katha Treanor, 804-371-9141

Read More