West Virginia News

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Oil & Gas Risks Market Detail: Towerstone Inc.’s energy practice has recently teamed with Hallmark …

Minor Earthquake Shakes Up U.S. Capital

Earthquakes are so rare in the Washington area that even a geology student wasn’t quite sure what was going on when a minor one hit early Friday. Was it a truck passing by? A low-flying plane? Gerasimos Michalitsianos, who will …

Federal Disaster Aid for West Virginia Tops $3M

Federal disaster grants totaling more than $3 million have been approved to help businesses and residents slammed by storms and flooding in southern West Virginia last month. The Federal Emergency Management Agency says the aid is primarily for temporary housing …

Mining Firms Complain Democrats’ Safety Bill Too Harsh

The nation’s top mine safety official urged quick passage this week of a bill that would crack down on mines with safety problems, despite industry complaints that the legislation is too punitive. Mine Safety and Health Administration director Joe Main …

10 Most, Least Affordable States for Car Insurance

Business Moves

Arthur J. Gallagher, Joseph James & Associates Illinois-based insurance brokerage and risk management services firm, Arthur J. Gallagher & Co., has acquired Joseph James & Associates of Dublin, Ohio. Terms of the transaction were not disclosed. Established in 1989, Joseph …

West Virginia’s BrickStreet Faces Competition for Government Accounts

West Virginia’s state-created workers’ compensation insurers is expecting to lose million of dollars in government agency contracts following the opening of the market to other carriers on July 1. One by one, boards of education and other entities across the …

It Figures

9.8% The average drop in South Carolina workers compensation rates approved by state insurance regulators. Insurance Director Scott Richardson also reported that the Assigned Risk Plan, the residual market mechanism, accounted for about 3.9 percent of the direct written premium, …

West Virginians May Sue Insurers Under Human Rights Law

West Virginians can bring bad faith lawsuits against insurance companies under the state’s human rights act, the state Supreme Court of Appeals has ruled. The ruling rejects the widely-held belief that the sole remedy for third-parties against insurers over bad …

Safety Agency Dropped 7 West Virginia Mines from Violator List

Plans to crack down on seven West Virginia coal mines with a history of excessive health and safety violations were dropped because of a lack of money, the industry’s chief federal regulator said this week. The West Virginia mines are …