West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: * Glady Fork Mining Inc., a Wyoming County …
The Workers’ Compensation Board of Managers has approved two “historic” rules to regulate how self-insured companies will conduct business in West Virginia. Under Rule 18, the 127 active self-insured companies will begin to self-administer the claims of their injured workers …
West Virginia Attorney General Darrell McGraw announced a settlement of drug pricing litigation against Dey Inc., a manufacturer of prescription drugs. Dey Inc. a unit of Merck KGAA of Germany, agreed to pay three state agencies $750,000 to settle claims …
West Virginia Gov. Bob Wise announced that the Physician’s Mutual Insurance Company filed its application for licensure with the Insurance Commission. “Last year, this administration asked the Legislature to enact sweeping reforms to address the medical malpractice crisis,” Wise said. …
Today a class action lawsuit against various insurance companies was filed in United States District Court, Baltimore, Maryland alleging that the insurance companies failed to deliver the promised benefits to thousands of persons who held flood insurance policies and suffered …
The results of a multistate data call on credit-based insurance scoring appear to be preordained, according to lobbyists for the National Association of Mutual Insurance Cos. (NAMIC) and the Property Casualty Insurers Association of America (PCI). NAMIC State Affairs Director …
The Property Casualty Insurers Association of America has issued a bulletin expressing serious legal and public policy concerns about a multi-state study being conducted by insurance regulators on the “impact of credit-based insurance scoring on certain groups of consumers.” The …
West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. The injunctions were filed in Kanawha County Circuit Court against: Marty D. Sartin & Esteline L. Sartin, d.b.a. MCL …
Bermuda’s Max Re Capital Ltd. announced the election of Mr. W. Marston Becker to the Company’s Board of Directors. He has served as Chairman of the Board and CEO of Trenwick Group, Ltd., a Bermuda insurance company, since August 2002. …
North Carolina-based BB&T Corporation has completed its acquisition of insurance premium finance company Capitol Premium Plan Inc. of Charlotte, N.C. BB&T has combined the 43-year-old firm with Prime Rate Premium Finance Corp. Inc., the Florence, S.C.-based premium finance business BB&T …
