West Virginia News

Study: St. George, Utah Ranked Most Secure Place To Live

According to the third annual “Most Secure U.S. Places to Live” rankings from Farmers Insurance Group of Companies, the most secure location to live in the United States is St. George, Utah. The rankings, compiled by database experts at www.bestplaces.net, …

Zurich Agrees to Terms to Close Multi-State Bid-Rigging Probe

Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the insurer’s involvement in alleged bid-rigging and unfair compensation practices in the commercial insurance market. The multi-state settlement …

Regulators Install Management Committee for Interstate Compact

The Interstate Insurance Product Regulation Commission created by the National Association of Insurance Commissioners installed its Management Committee and elected a Committee chair, vice-chair and treasurer recently during the Commission’s inaugural annual meeting in Lansdowne, Va. The Commission elected Pennsylvania …

Reynolds Named Southeast Manager for Mutual Insurer Trade Group

The former director of public affairs for Indiana Farm Bureau Insurance, Liz Reynolds, has joined the National Association of Mutual Insurance Companies as state affairs manager for the southeast. Reynolds, will be stationed in Jacksonville, Fla., and will advocate on …

BrickStreet hikes reserves for Sago coal miner

West Virginia’s workers’ compensation insurer may have to spend nearly $4 million more than planned on benefits for the families involved in January’s Sago Mine disaster. BrickStreet Mutual Insurance Co. had set aside $7.1 million early in the year, but …

BrickStreet hikes reserves for Sago coal miner

West Virginia’s workers’ compensation insurer may have to spend nearly $4 million more than planned on benefits for the families involved in January’s Sago Mine disaster. BrickStreet Mutual Insurance Co. had set aside $7.1 million early in the year, but …

Business Moves

Hiscox, Bermuda Holding Company London’s Hiscox plc outlined its corporate reorganization plan. A new Bermudan domiciled holding company for the Group, Hiscox Ltd., has been established. Shareholders of Hiscox will receive one share in Hiscox Ltd. for each share held …

The Sago Mine near Tallmansville, W.Va., where workers went back to work on March 15, 2006, to resume coal production more than two months after an explosion killed 12 of their co-workers. The mine had been closed since Jan. 2. …

Court-Appointed Scientists Say Teflon Health Studies Could Take Years

Ohio and West Virginia residents who sued DuPont over a chemical used to produce Teflon may have to wait up to five years before learning if their health has been adversely affected by the substance, members of a science panel …

Wal-Mart Expands $4 Generic Drugs to 11 More States

Wal-Mart Stores Inc. is expanding its $4 generic prescription program to 11 additional states and adding 17 more prescriptions to the program. The world’s largest retailer added 502 stores to those offering the discounted medications. The new states added Thursday …