West Virginia News

Declarations

Coordinated research needed “Hurricanes, by far, cause more economic damage to a more widespread area than any other natural disaster. This bill takes sound, scientific recommendations and builds from them a foundation for better, more coordinated research. Given the enormous …

News Currents

Agents take aim at Zurich compensation, disclosure settlement Two associations for independent insurance agents have urged a federal court to reject recent settlement provisions between Zurich Insurance and states that affect thousands of agents who were not involved in the …

People and Places

Ernie Csiszar, the Romania-born former South Carolina regulator who two years ago was named president and chief executive officer of the then newly-formed Property Casualty Insurers Association of America, resigned from PCI effective Sept. 30. Csiszar indicated that he plans …

Agents take aim at Zurich compensation, disclosure settlement

Two associations for independent insurance agents have urged a federal court to reject recent settlement provisions between Zurich Insurance and states that affect thousands of agents who were not involved in the original dispute with the states. The National Association …

Minn. Life Group Opens Office in Southern Calif.

St. Paul-based Minnesota Life Group Insurance recently announced the opening of a sales and service office at 450 N. Brand Blvd. in Glendale, Calif. The company provides web-based group life insurance and dental benefits to Fortune 1000 employers and large …

Brown & Brown Grows Wholesale: Hull Buys DVUA; PRU Acquires Apex

Continuing in its acquisitions mode, insurance agency Brown & Brown Inc., through its subsidiaries Hull & Co. Inc., and Program Management Services Inc., has acquired the assets of a key wholesaler located in the Northeast and a Virginia-based broker that …

AGs File Motion Against Agents’ Amicus Opposing Zurich Settlements

The Attorneys General of 10 states have filed a motion with the U.S. District Court for the District of New Jersey opposing an amicus brief filed on Sept. 15, 2006, by the National Association of Professional Insurance Agents (PIA). The …

W.Va. Names Cheatham to Head Public Insurance Agency

A Charleston man has been appointed director of the West Virginia Public Employees Insurance Agency, Gov. Joe Manchin announced Friday. Ted Cheatham takes over the post this Wednesday. Cheatham has more than 15 years of executive and management experience in …

West Virginia county courthouse fire reveals gaps in insurance coverage

The fire that destroyed the Morgan County, W. Va., courthouse last month has raised questions about whether other counties are insuring buildings adequately. Only 24 of 55 counties insure their courthouses through the state Board of Risk and Insurance Management. …

Lawyers Seek to Lift W. Va. Ban on Certain Bad Faith Suits

While West Virginia Gov. Joe Manchin and the insurance industry credit last year’s ban on “third party, bad faith” lawsuits for $77 million in policy rate cuts, Jenny Bonham believes it helped one insurer rip off her neighbor. Bonham, a …