Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
Virginia to Weigh Workers’ Comp Rates
Nov 1 2006 //
Prime Authorized to Write Surplus Lines in Virginia
Oct 25 2006 // Chicago, Illinois and Salt Lake City, Utah – Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), received approval to...
Aon Moves On Exit Plan, Announces Sale of Construction Program
Oct 25 2006 // Chicago-based Aon Corp. today announced that it has taken further steps to exit its property & casualty underwriting business by signing a letter of intent for the sale of its Construction Program Group (CPG). Aon...
Declarations
Oct 23 2006 // Virginia flooding “I really feel for the business owners in the heart of downtown who have fought so hard to come back after Floyd in 1999.” Virginia Gov. Timothy M. Kaine in declaring a statewide emergency...
Business Moves
Oct 23 2006 // Narragansett Bay, Hanover Narragansett Bay Insurance Co., a member of Pawtucket Insurance Group, has agreed to take over the Rhode Island homeowners insurance business of Hanover Insurance Co. The transaction involves...
Business Moves
Oct 23 2006 // OneBeacon, QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group Ltd., for...
Berkshire Hathaway Says General Re Not Target of Investigation
Oct 19 2006 // General Reinsurance, which is owned by Warren Buffett’s Berkshire Hathaway Inc., said it learned this week that the company is not a target of a federal investigation into the collapse of insurer Reciprocal of...
Virginia Offers Consumer Guides with Sample Auto, Home Premiums
Oct 17 2006 // Virginia’s Bureau of Insurance has updated its free auto and homeowners insurance consumer guides and corresponding premium comparison pamphlets. The guides are designed to help consumers understand their insurance...
West Virginia Launches Online Workers’ Comp Validation System
Oct 17 2006 // Instantaneous validation of employer workers’ compensation coverage is now available online in West Virginia. The Coverage Validation System (CVS) provides government agencies, contractors and other businesses that...
Figures
Oct 9 2006 // $1.2 million The number of motor vehicles thefts nationwide in 2005. That’s about 416.7 motor vehicles stolen for every 100,000 inhabitants. $7.6 billion The estimated total property losses due to motor vehicle theft...
Gateway Purchases Va.-Based Insurance Center
Oct 4 2006 // Gateway Bank & Trust Co., the banking subsidiary of Gateway Financial Holdings Inc., announced that its subsidiary, Gateway Insurance Services, Inc., is acquiring Insurance Center, Inc., an insurance agency based in...
New D.C.-Md.-Va. Regional Emergency Facility Officially Dedicated
Sep 29 2006 // District of Columbia, regional and federal officials this week introduced a state-of-the-art communications center that will serve as a command post in the event of a regional emergency. The 127,000 square-foot center,...
Va. bird flu impact
Sep 25 2006 // A bird flu pandemic would kill nearly 700 people in Virginia’s Fairfax County, forcing hospitals, nursing homes and other medical centers to set up temporary morgues and stockpile body bags to handle the deaths,...
West Virginia county courthouse fire reveals gaps in insurance coverage
Sep 25 2006 // The fire that destroyed the Morgan County, W. Va., courthouse last month has raised questions about whether other counties are insuring buildings adequately. Only 24 of 55 counties insure their courthouses through the...
Virginia broker goes green: first ‘carbon neutral footprint’
Sep 25 2006 // Rutherfoord, a Roanoke, Va., insurance broker, says it is committed to reducing its greenhouse gas emissions and has become the first in the U.S. insurance industry to establish a carbon neutral footprint in response to...
Insurers Lowering Car Insurance Rates in Virginia
Sep 25 2006 // Some of the top auto insurers in the nation are reducing rates in Virginia. The reasons range from high gas prices to more sophisticated technology with which companies can calculate the risks of insuring particular...
GEICO Adds 800 Jobs in Virginia
Sep 21 2006 // GEICO insurance company announced it would add nearly 800 jobs at its regional headquarters in Stafford County. The facility, one of seven regional offices, employs about 3,000 people and already is one of the...
Lawyers Seek to Lift W. Va. Ban on Certain Bad Faith Suits
Sep 19 2006 // While West Virginia Gov. Joe Manchin and the insurance industry credit last year’s ban on “third party, bad faith” lawsuits for $77 million in policy rate cuts, Jenny Bonham believes it helped one insurer...
Fairfax, Va. Report: Severe Bird Flu Would Affect One-Third, Kill 700
Sep 18 2006 // A bird flu pandemic would kill nearly 700 people in Virginia’s Fairfax County, forcing hospitals, nursing homes and other makeshift medical centers to set up temporary morgues and stockpile body bags to handle the...
Lawsuit in Va. Boating Deaths Settled for $2.75M
Sep 18 2006 // A man who pleaded guilty to causing the boat accident that killed a couple on Smith Mountain Lake has agreed to settle a lawsuit filed against him by their estates. Mark de Tournillon Sr. agreed Friday to a $2.75 million...
