Meeting with VI Bankers Association on Post Hurricane Issues

Lieutenant Governor Osbert E. Potter announced that the Office of the Lieutenant Governor, Division of Banking, Insurance and Financial Regulation held a meeting with the Virgin Islands Bankers Association (“Association”) on Wednesday, February 7, 2018. Senior officials from Banco Popular; Bank of St. Croix (a Division of United Fidelity...

Property Owners to Complete Post Hurricane Form

Lieutenant Governor Osbert E. Potter is requesting all real property owners to complete the “Request for Post Hurricane Irma & Maria Information” form for consideration of the 2018 property taxes. The form is intended to obtain information from real property owners about substantial damages sustained to their property as a result of...

Emergency Order on Underinsurance

Lieutenant Governor Osbert E. Potter, who also serves as Commissioner of Insurance, issued an Emergency Order to all property and casualty insurance companies licensed and authorized to conduct business in the U.S. Virgin Islands. According to the Lieutenant Governor, “The Order, which is effective immediately and dated February 12, 2018,...

Hurricane Insurance Claims Press Conference

Lieutenant Governor Osbert E. Potter, who also serves in the capacity as Commissioner of Insurance, held a press conference on January 30, 2018, at Government House, St. Croix to provide the community with an update on hurricane insurance claims. Lieutenant Governor Potter indicated that the press conference was necessary to provide clarification...