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News / Virgin Islands / April 23, 2019

The Division of Banking, Insurance, and Financial Regulation, part of the Lieutenant Governor’s Office, on Tuesday announced what was described as an “important” meeting set for April 27 for members of AARP-VI relative to the now-defunct Real Legacy Assurance Company.

The meeting is being held at the Schneider Regional Medical Center in conjunction with the St. Thomas AARP Chapter #3138. It’s set to start at 1:30 p.m. in the Sun Room.

According to the release, important information for policyholders previously insured under Real Legacy Assurance whose coverage has been transferred to NEMWIL Insurance Company, will be discussed.  All policyholders are welcomed to attend to receive detailed information on the claims process, the release added. This is the second meeting hosted by AARP-VI.  The first meeting was held on March 9 by the St. Croix AARP Chapter.

A presentation on the new AARP Homeowners Insurance policy will be made by representatives of NEMWIL Insurance Company to address concerns that members may have regarding the recent transfer, according to the release. Staff from the Office of the Lieutenant Governor Division of Banking, Insurance, and Financial Regulation will also attend the meeting to answer questions and provide information to those impacted by the change. 

The Division of Banking, Insurance and Financial Regulation can be reached at 340-773-6459 (St. Croix) and 340-774-7166 (St. Thomas) for additional information.






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