SCC sets October hearing on Shenandoah Life Insurance

Virginia regulators plan to hold a hearing in October on the proposed sale of Shenandoah Life Insurance’s group insurance business to Assurant, Inc... The Virginia State Corporation Commission placed the struggling Roanoke insurer in receivership in February.

According to the SCC’s scheduling order, Assurant and affiliate Union Security Insurance Company would acquire Shenandoah’s group life, accidental death and dismemberment, dental, short-term and long-term disability, and vision insurance lines...

WSLS: SCC sets October hearing on Shenandoah Life Insurance
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