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Virginia Commissioner of Insurance
Virginia Commissioner of Insurance | |
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General information | |
Office Type: | Nonpartisan |
Office website: | Official Link |
Compensation: | $206,144 |
2026 FY Budget: | $39,592,636 |
Term limits: | None |
Structure | |
Length of term: | Serves at the pleasure of the commission |
Authority: | Virginia Code, Title 12.1, Chapter 3 |
Selection Method: | Appointed by the State Corporation Commission |
Current Officeholder(s) | |
Virginia Commissioner of Insurance
Scott White | |
Other Virginia Executive Offices | |
Governor • Lieutenant Governor • Secretary of State • Attorney General • Treasurer • Superintendent of Education • Agriculture Commissioner • Insurance Commissioner • Natural Resources Commissioner • Labor Commissioner • Public Service Commission |
The Virginia Commissioner of Insurance is an appointed position in the Virginia state government. The commissioner is the head of the Bureau of Insurance, which is a division of the Virginia State Corporation Commission.
Current officeholder
The current Virginia Commissioner of Insurance is Scott White (nonpartisan). White assumed office in 2018.
Authority
The position of insurance commissioner is established by Title 12.1, Chapter 3 of the Virginia Code:[1]
"...the employee or agent who is placed by the Commission at the head of the bureau or division through which it administers the insurance laws shall be designated "Commissioner of Insurance," and they and all deputies, agents, and employees used in such bureau or division shall be appointed by the Commission."
Qualifications
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that establishes the requirements necessary to qualify for a state executive office. That information for the Virginia Commissioner of Insurance has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Appointments
The commissioner is appointed by the state corporation commission.[1]
Vacancies
Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the Virginia Commissioner of Insurance has not yet been added. After extensive research, we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Duties
As of January 2021, the stated mission of the Bureau of Insurance was:[2]
“ | Our regulatory mission: to ensure that citizens of the Commonwealth are provided with access to adequate and reliable insurance protection; that the insurance companies selling policies are financially sound to support payment of claims; that the agents selling company policies are qualified and conduct their business according to statutory and regulatory requirements, as well as acceptable standards of conduct; and that the insurance policies are of high quality, are understandable and are fairly priced.
The Bureau licenses, regulates, investigates and examines insurance companies, agencies and agents on behalf of the citizens of the Commonwealth of Virginia. The Bureau of Insurance also registers, examines and investigates (title) real estate settlement agents and agencies.[3] |
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Divisions
Note: Ballotpedia's state executive officials project researches state official websites for information that describes the divisions (if any exist) of a state executive office. That information for the Virginia Commissioner of Insurance has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.
State budget
- See also: Virginia state budget and finances
The State Corporation Commission had a budget of $39,592,636 for the regulation of the insurance industry in the 2026 Fiscal Year budget.[4]
Compensation
- See also: Compensation of state executive officers
2023
In 2023, the officer's salary was $206,144, according to the Council of State Governments.[5]
2022
In 2022, the officer's salary was $186,978, according to the Council of State Governments.[6]
2021
In 2021, the commissioner received a salary of $178,075, according to the Council of State Governments.[7]
2020
In 2020, the insurance commissioner received a salary of $170,000 according to the Council of State Governments.[8]
2019
In 2019, the insurance commissioner received a salary of $170,000 according to the Council of State Governments.[9]
2018
In 2018, the insurance commissioner received a salary of $170,000 according to the Council of State Governments.[10]
2017
In 2017, the insurance commissioner received a salary of $168,938 according to the Council of State Governments.[11]
2016
In 2016, the insurance commissioner received a salary of $164,643 according to the Council of State Governments.[12]
2015
In 2015, the insurance commissioner received a salary of $156,848 according to the Council of State Governments.[13]
2014
In 2014, the commissioner was paid an estimated $156,848 according to the Council of State Governments.[14]
2013
In 2013, the commissioner was paid an estimated $149,547 according to the Council of State Governments.[15]
2011
In 2011, the commissioner was paid an estimated $142,425 according to the Council of State Governments.[16]
Historical officeholders
Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders; information for the Virginia Commissioner of Insurance has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.
Recent news
The link below is to the most recent stories in a Google news search for the terms Virginia Insurance Commissioner. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
Contact
Mailing address:
Tyler Building, 3rd floor
1300 E. Main St.
Richmond, Virginia 23219
See also
Virginia | State Executive Elections | News and Analysis |
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External links
Footnotes
- ↑ 1.0 1.1 Virginia General Assembly, "Code of Virginia- Title 12.1 State Corporation Commission," accessed January 28, 2021
- ↑ 'Virginia 'State Corporation Commission, "Bureau of Insurance," accessed January 28, 2021
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Commonwealth of Virginia, "Budget Bill - HB30," accessed January 23, 2025
- ↑ Council of State Governments, "Book of the States 2023 Table 4.11: Selected State Administrative Officials: Annual Salaries," accessed January 21, 2025
- ↑ Council of State Governments, "Book of the States 2022 Table 4.11: Selected State Administrative Officials: Annual Salaries," provided to Ballotpedia by CSG personnel
- ↑ Issuu, "The Book of the States 2021," accessed September 28, 2022
- ↑ Council of State Governments, "The Book of the States 2020," accessed January 28, 2021
- ↑ Council of State Governments, "The Book of the States 2019," accessed January 28, 2021
- ↑ Council of State Governments, "The Book of the States 2018," accessed January 28, 2021
- ↑ Council of State Governments, "The Book of the States 2017," accessed January 28, 2021
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2016," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries, 2015," accessed August 27, 2016
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," accessed December 8, 2014
- ↑ Council of State Governments, "Selected State Administrative Officials: Annual Salaries," January 31, 2014
- ↑ Council of State Governments, "Table 4.11 Selected state administrative officials: Annual salaries by region," accessed February 1, 2012
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