Virginia News

Declarations

Phantom Oversight “We need to uncover the true extent of what the FDA knew and when they knew it and determine whether or not they acted appropriately and timely.” —Congressman Darrell Issa (R-Calif.), calling on lawmakers to interview FDA officials …

People

The Hartford has appointed Lisa Morgan as senior vice president of its Middle Market commercial insurance business. Morgan most recently served as vice president of Middle Market operation. She joined The Hartford in 2001 and has held positions of increasing …

It Figures

$72.5 Million Class-action settlement paid by The Hartford over structured settlements in personal injury and worker’ compensation cases. The lawsuit, which covers 21,500 people, alleged The Hartford purchased annuities from its life insurance subsidiary and deducted as much as 15 …

Business Moves

Palmer Miller Nelson, Keystone Insurers Group Palmer Miller Nelson Insurance Agency Inc. (PMN) of Columbus, Ohio, has become Keystone Insurers Group’s 24th franchise partner in Ohio. In business since 1855, PMN was the first agency appointed by Ohio Farmers Insurance …

Business Moves

Markel, Hiscox Insurer Markel has acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed, but the companies said it would close the transaction by October 1. The …

Declarations

Everyone Makes Mistakes “Everyone makes mistakes, even insurance companies. That’s why the Department of Insurance is here — we work every day to find these kinds of mistakes, make sure companies fix them, and protect consumers across North Carolina from …

People

Salt Lake City-based The Buckner Co. named Mark A. Oligschlaeger executive vice president/chief operations officer. He joins the insurance firm after having spent the past 12 years working for Leucadia National Corp., where he most recently served as the vice …

Business Moves

Markel, Hiscox Insurer Markel acquired the rights to American Live Stock, the animal mortality business of Hiscox Insurance Co. Terms of the deal were not disclosed. The transaction includes the rights to the American Live Stock and Harding & Harding …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Trucking Market Detail: USAssure Insurance Services. Inc. provides monoline or package program for commercial automobile. …

Minor Earthquake Hits Virginia

The U.S. Geological Survey says a minor earthquake has hit Virginia. Dale Grant, a geophysicist with the USGS, said the magnitude 3.0 earthquake happened at 4:17 p.m. Saturday. Its epicenter was about 20 miles north of Richmond. Grant said there …