February 28, 2005
Proposals by West Virginia Governor Joe Manchin to bring down insurance rates and increase availability will be discussed this morning during two presentations in Charleston during Insurance Day, sponsored by the Professional Independent Insurance Agents of West Virginia. Jim Pitrolo, …
February 28, 2005
Brimingham,Alabanama-based medcial malpractice insurer ProAssurance Corporation (NYSE: PRA) and NCRIC Group, Inc., our of Washington, D.C., (NASDAQ: NCRI) announced an agreement to merge NCRIC into ProAssurance in a $69.6 million, all-stock transaction which values NCRIC at $10.10 per share based …
February 25, 2005
Details of an extensive look at the first comprehensive insurance consumer research study completed in West Virginia in decades will be presented by RMS Strategies Inc. during the opening Feb. 27 and 28 Insurance Day program sponsored by the Professional …
February 24, 2005
West Virginia’s medical liability insurance market is in a crisis and it has be fixed soon according to Gray Marion, Professional Independent Insurance Agents of West Virginia executive vice president. Marion commented on the results of a recent poll conducted …
February 22, 2005
Pennsylvania-based Donegal Group Inc.reported that net income for year ended December 31, 2004 reached an historic high for the company. Net income for the year ended December 31, 2004 was $31,614,269, compared to $18,293,976, for the year ended December 31, …
February 22, 2005
Veronica Hall, an associate agent with Maiden Financial in Martinsburg has announced the opening of what she thinks is West Virginia’s first insurance agency catering to Hispanic clients. Hall said she didn’t intend to work in the insurance industry and …
February 22, 2005
The West Virginia Workers’ Compensation Commission in Charleston has terminated a Beckley physician from the program, “for providing health care that is excessive, medically unreasonable and unethical.” Michael Kostenko, DO, of Beckley abused the workers’ compensation system by allowing massage …
February 21, 2005
Nuts & Bolts: Pittsburgh-based National Union Fire Insurance Co. has launched PrivateRisk Protector, a new management and professional liability portfolio of coverages designed to address the broad spectrum of exposures to the financial health of private companies. With PrivateRisk Protector, …
February 21, 2005
Rising property prices and a healthy economy after the election year have encouraged competition for casualty business. Although account size is sometimes a factor in the directions prices move, E&S specialists say they are doing fine selling to a large …
February 21, 2005
Nuts & Bolts: National Union Fire Ins. Co. of Pittsburgh, Pa., a member company of American International Group Inc., launched “PrivateRisk Protector,” a new management and professional liability portfolio of coverages designed to address the broad spectrum of exposures to …