Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
Farmers Offers Auto Policy Discount in Virginia
Jun 18 2002 // Farmers Insurance Group announced that it will offer special discounts on its auto insurance rates to Virginians who also have a Farmers New World Life Insurance Company policy. “The discount is part of an effort by...
BB&T’s Aggressive Expansion Plan Includes Mergers, Acquisitions
Nov 26 2001 // BB&T Corporation, the Winston-Salem, N.C.-based financial services company with strong insurance interests, is maintaining its strategy of expansion across the southern U.S. by agreeing in principle to merge with...
InsureZone’s AgentSecure Adds Seven New Customers
Nov 8 2001 // InsureZone, the nationwide “clicks and mortar” insurance agency that enables purchases of small commercial insurance through multiple channels, announced that AgentSecure — its Web-enabled market-access...
VA Joins FTC in Pursuing Credit Card Insurance Fraud
Oct 22 2001 // Virginia has joined in a suit by the Federal Trade Commission aimed at stopping fraudulent marketing practices related to the sales of insurance policies covering the theft or misuse of credit cards. According to the FTC...
Amwest Surety Declared Insolvent
Jun 20 2001 // Nebraska-based Amwest Surety Insurance Co. was found insolvent by the District Court of Lancaster County, Nebraska, and placed in liquidation, according to the West Virginia Insurance Commission, a state where the company...
Brown and Brown Acquires The Harris Agency
Apr 10 2001 // Brown and Brown has purchased The Harris Agency, a Manassas, Virginia agency founded more than a century ago. The transaction was effective April 1, 2001. The Harris Agency, established in 1897 and purchased by Loy Harris...
InsuranceNoodle Gains Virginia License
Feb 15 2001 // InsuranceNoodle recently received its license to sell insurance in Virginia, according to Rick Madock, InsuranceNoodle president and co-founder. InsuranceNoodle is now licensed to sell insurance in 33 states and the...
Virginia Surety Lowered
Oct 30 2000 // The FSR on Virginia Surety Co. Inc. was lowered from “Api” to “BBBpi” by S&P, which cited weakening capitalization and deteriorating profitability as major rating factors. Virginia Surety,...
Former West Virginia Prudential Agent Sues over Company’s Alleged Quotas
Oct 27 2000 // A former Prudential agent sued the insurer in a West Virginia Circuit Court Wednesday, alleging the company’s quota system drove him out of business. Billy T. Bush Jr. became a Prudential insurance agent in 1992 and...
Banking Consortium to Acquire Two Virginia Agencies
Aug 24 2000 // The Virginia Bankers Insurance Center, a 67-bank consortium established in 1999 to enter the insurance agency business, has announced plans to acquire the Wytheville, Virginia-based Blue Ridge Insurance Group and the...
Virginia Mutual Affirmed
Jul 24 2000 // The “BBBpi” financial strength rating on Virginia Mutual Insurance Co. was affirmed by S&P. Cited as a key rating factor was the company”s strong capital. This was offset by both its geographical...
Virginia Approves Deregulation Bill
Apr 11 2000 // Virginia Governor James Gilmore signed into law legislation reducing government regulation of commercial insurance. To qualify for the exemption, companies must use a qualified risk manager to purchase their insurance...
AIA Applauds Virginia Legislation
Feb 2 2000 // The American Insurance Association (AIA) expressed its approval of Virginia’s recent adoption of legislative language ensuring the inclusion of consumers in electronic commerce legislation. Virginia’s version...
