West Virginia Insurance Commissioner Allan McVey News

West Virginia Workers’ Comp Rates to Decrease Nov. 1

Workers’ compensation rates will soon be less expensive for businesses in West Virginia. According to West Virginia Insurance Commissioner Allan McVey, a filing for a 13 percent decrease in voluntary market loss costs by the National Council on Compensation Insurance …

West Virginia to Eliminate Workers’ Compensation Defense Division

The West Virginia Attorney General’s Office is eliminating its Division of Employment Programs and Workers’ Compensation Defense, resulting in the loss of 10 jobs. The Charleston Gazette-Mail reports the division shut down Aug. 6 in response to the state Insurance …

NCCI Files 10% Reduction in Workers’ Comp Loss Costs for West Virginia

West Virginia employers will see a projected $21 million reduction in workers’ compensation premiums in the coming year, according to a recent statement from Gov. Jim Justice. The National Council on Compensation Insurance (NCCI) has filed a proposed reduction of …

Insurance Agency Manager McVey Named West Virginia Insurance Commissioner

West Virginia Gov. Jim Justice, who was elected this past November, has appointed BB&T Insurance Agency Manager Allan L. McVey to serve as West Virginia’s Insurance Commissioner, effective April 1. McVey has been active in the industry since 1969 when …