West Virginia News

DOT Reports Low Highway Fatality Rate for 2003

The fatality rate on the nation’s highways in 2003 was reportedly the lowest since record keeping began 29 years ago, the U.S. Transportation Secretary Norman Mineta announced. The number of crash-related injuries also dropped to a historic low in 2003. …

Nevada’s Countersignature Statute Thrown Out

A federal judge for the District of Nevada ruled Nevada’s statute that precludes out-of-state insurance brokers from conducting business in the state without the countersignature of a resident agent is unconstitutional. The decision by U.S. District Judge James C. Mahan …

W. Va. Gov. Reports Disaster Declaration Approved for Three Counties Following Flooding

Gov. Bob Wise announced that a federal Major Disaster Declaration for West Virginia has been granted by the President because of recent flooding in the state. “I thank the President for granting this declaration so quickly,” Wise said. “Now we …

W. Va. Woman Sentenced in Comp Fraud Case

A Charleston woman has been sentenced to five years of supervised probation and ordered to pay full restitution to West Virginia’s Workers’ Compensation Commission after pleading guilty to conducting a fraudulent scheme. Rebecca Lynn Carte pleaded guilty to the misdemeanor …

W. Va. WCC Receives Record Premiums

The West Virginia Workers’ Compensation Commission on Monday received more than $52 million in premiums, a new single-day record that exceeds the previous mark by nearly a half-million dollars. Deposits by check or credit cards totaled $52,161,227.17 for the Workers’ …

Anthem Files Lawsuit Against Calif. Commissioner

Anthem Inc. filed a lawsuit against the California Insurance Commissioner in the Superior Court of the State of California for the County of Los Angeles. The suit seeks to set aside the Commissioner’s decision to disapprove Anthem’s application to acquire …

NAMIC Issues P/C Legislative Analysis

One-fifth of the 251 property/casualty bills enacted in the states so far this year relate to the regulation of automobile insurance, according to an analysis by the National Association of Mutual Insurance Companies (NAMIC). “A total of 23 states approved …

Bremer, Gorbachev, Bacall to Address Leadership Forum

Ambassador Paul Bremer, who headed up the provisional government in Iraq, and Mikhail Gorbachev, the former Soviet leader whose policies are credited with ending the Cold War, will be the keynote speakers at the 91st annual Insurance Leadership Forum at …

Maryland’s Job Loss Could be Virginia’s Gain as State Farm Insurance Reorganizes in Mid-Atlantic States

State Farm Insurance confirmed it is moving to phase-out its Frederick, Md. claims and operations office as part of a reorganization that could eliminate from 400 to 500 jobs there and an equal number in field offices in the mid-Atlantic …

W. Va. WCC Files Suit Against Trio of Employers

West Virginia’s Workers’ Compensation Commission recently filed injunctions against three state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: * Walton E. Smith, Jr., owner of a …