Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
W. Va. S.B. Prohibits Third-Party Lawsuits
May 9 2005 // The West Virginia House of Delegates passed Senate Bill 414 prohibiting third-party bad-faith lawsuits against insurance companies. The bill was part of Gov. Joe Manchin’s insurance and tort reform proposals and has...
SECOND THOUGHTS: Tales of demergers, detours and determination
May 9 2005 // Crying?? There’s no crying in baseball. — Tom Hanks in A League of Their Own Bill Cadenhead had decided to sell his 73 percent stake in Cadenhead Shreffler Insurance in Bedford, Tex. to insurance giant Brown...
W. Va. WCC Files Suit on Employers
May 5 2005 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against three employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit...
W. Va. Insurers React to Passed Legislation, Five Companies Decreasing Auto Rates
May 2 2005 // Insurers in West Virginia, reacting to the legislation singed last week that eliminates third-party, bad-faith lawsuits, have begun to take the first steps toward lowering insurance rates. State Farm Insurance Friday...
State Farm Back in W.Va. Market; Will Write New Homeowners, Business Policies
Apr 26 2005 // State Farm Insurance has announced that as of May 1 it will begin accepting applications from West Virginia homeowners and businesses for new insurance policies. The company is the largest property and casualty insurer in...
W.Va. Releases E-mail Proposals; House Committee Advances SB 30
Apr 18 2005 // Details of negotiations between West Virginia insurance companies, Gov. Joe Manchin and Brian Kastick were released after a court decision requiring e-mails sent on Feb. 22 and 23 to be revealed to the public. Also, after...
NAMIC: W. Va. Gov. Manchin Deserves Credit for Legal, Insurance Reforms
Apr 15 2005 // West Virginia Gov. Joe Manchin deserves credit for not being dissuaded from his goal to seek legal and insurance reforms this year despite intense opposition from some within his own party and the state’s trial bar,...
W. Va. WCC Fines Pair of Employers
Apr 15 2005 // West Virginia’s Workers’ Compensation Commission recently filed injunctions against two employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit...
Va. Web Site Offers Comparisons of Hospitals
Apr 12 2005 // Virginia consumers trying to decide which hospitals to use now have a new online tool to evaluate and compare how the facilities treat patients with heart attacks, heart failure and pneumonia. Starting this month,...
After Two-Hour Floor Debate, W.Va. House Passes Senate Bill 414
Apr 11 2005 // The West Virginia House of Delegates passed Senate Bill 414 on Friday prohibiting third-party bad-faith lawsuits against insurance companies. SB 414 is part of Gov. Joe Manchin’s insurance and tort reform proposals,...
Insurers Warn in Study: Unprofitable Del. Auto Insurance Market Could Face Reduced Competition
Apr 6 2005 // Even after investment income is considered, underwriting private passenger automobile insurance in Delaware has been unprofitable for the past five years, according to a study done by the Property Casualty Insurers...
OneBeacon Targets Va. Small Business Market
Apr 5 2005 // OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., has begun offering Virginia small businesses its property casualty OnePac product. Virginia joins California, Illinois, North...
W.Va. Tort Reform Bill Survives Tough Test; NAMIC Comments
Apr 4 2005 // Democratic Gov. Joe Man-chin’s bill to eliminate third-party bad faith lawsuits survived a tough test March 17 when the Senate Judiciary Committee passed it out of committee over strenuous objections of Chair-man...
W. Va. Judge to Decide: Should E-Mails Discussing Premium Rollbacks Be Made Public?
Apr 1 2005 // West Virginia Circuit Court Judge Paul Zakaib is expected to decide Friday whether or not to make public the contents of emails detailing negotiations between the West Virginia Insurance Commission, an aide to Governor Joe...
S.B. 418 Passed W.Va. Senate, Hits Roadblock in House
Mar 31 2005 // With 10 days left in West Virginia’s legislative sessions, although the Senate adopted Gov. Joe Manchin’s insurance proposals, SB 418 has stalled in the House. The bill would bar third party bad faith lawsuits...
Prison Awaits W.Va. Couple After 10-Year Crime Spree, 60 Arsons
Mar 28 2005 // An insurance fraud scheme that continued for 10 years and left a trail 60 arsons across southern West Virginia, including burned mobile homes, buildings and automobiles, has netted a Logan County, W.Va. woman 15 years in...
Main Street Matters
Mar 21 2005 // New York is one of the worst; New Jersey is also poor; Virginia remains among the best; Massachusetts and Maryland are looking better and better; Connecticut is holding steady, while Pennsylvania has some catching up to...
Third-Party Bad Faith Reform Moving Quickly in W. Va.
Mar 21 2005 // In a surprise move, the West Virginia Senate Finance Committee, meeting in Charleston, speeded up its consideration of a third-party bad faith reform bill, quickly approving the bill and sending it to the Senate for a full...
GENERAL RE UNDER SCRUTINY:
Mar 21 2005 // General Reinsurance, a subsidiary of Berkshire Hathaway Inc., has been subpoenaed in an investigation of Reciprocal of America, a former Virginia-based professional liability insurer whose collapse is considered one of the...
W. VA. AGENCY TO SERVE HISPANICS
Mar 21 2005 // Veronica Hall, an associate agent with Maiden Financial in Martinsburg, W. Va., has opened what she thinks is West Virginia’s first insurance agency catering to Hispanic clients. Hall said she didn’t intend to...
