West Virginia News

False Workers’ Comp Statement a Felony

West Virginia Insurance Commissioner, Jane L. Cline, announced Richard Custer Jr. was sentenced Oct. 12 on one felony charge of making a false statement to the Workers’ Compensation Commission. Custer, of Marshall County, attested on an application for coverage filed …

The Board of Directors of Arthur J. Gallagher & Co. elected Kay W. McCurdy to serve on its board of directors. McCurdy began her career in 1975 as an attorney at Lord, Bissell & Brook in Chicago and has more …

FLORIDA

Brian, Brad and Dean Shecht-man, cousins who allegedly swindled more than 1,200 elderly victims out of millions of dollars in a bait-and-switch insurance scheme are in the limelight again as details surface about a plea-bargain in which they received light …

News Briefs

FloridaFAIA Likes Due-Diligence Decision The Florida Association of Insu-rance Agents has filed an amicus (friend of the court) brief with the First District Court of Appeals in a case involving an insurance agent who appealed a Final Order of the …

Software Monitors W.Va. Fraud

West Virginia has implemented investigation management software to enable the Insurance Commission’s Fraud Unit to monitor the growing volume of investigations and multiple investigators in various locations to collaborate and share information. Gary Griffith, Fraud Unit director, a 23-year veteran …

DVUA Promotes Bannett, Allen to Executive Vice Presidents

DVUA has promoted Jon Bannett and Steve Allen to executive vice president, reports, Edward Levy, president and CEO. Bannett, a DVUA employee for 25 years, is the manager of DVUA of New Jersey, Inc. and DVUA of New York, Inc. …

BB&T to Acquire N.J. Investment Firm

BB&T Corporation in Winston-Salem, N.C. said it would acquire brokerage and investment banking firm Bergen Capital Inc. Bergen Capital will become part of Richmond, Va.-based Scott & Stringfellow, a wholly owned brokerage and investment banking subsidiary of BB&T Corp. The …

Commissioner Cautions W. Va. Homeowners: Be Prepared For Winter

‘Tis the season…for extreme cold, freezing rain, snow and strong winds, therefore, it is important to inspect and winterize your home, according to West Virginia Insurance Commissioner, Jane L. Cline. The commissioner issued a press release urging homeowners to take …

PCI Applauds W. Va. Gov.’s Focus on Workers’ Comp Reform

The Property Casualty Insurers Association of America (PCI) has applauded West Virginia Gov. Joe Manchin for calling a special session of the State Legislature in order to finalize any remaining details of the state’s new workers’ compensation program. The program’s …

W.Va. Study Shows Auto Collisions With Deer Average $1,700 Per Claim

The average cost of an automobile claim directly attributable to a driver having a collision with deer or wildlife is more than $1,700 per claim and totaling approximately $33 million, according to an annual study sponsored by the West Virginia …