West Virginia News

Mountaineer State Faces Many of the Nation’s Same Issues

While not the biggest state in the southeastern region, West Virginia like all other states has its insurance issues. Insurance Commissioner Jane Cline recently set aside some time to talk with Insurance Journal Southeast regarding some of the insurance issues …

ProAssurance Reports Q4 and Year-End 2003 Results

Alabama-based ProAssurance Corporation reported Net Income of $38.7 million, or $1.33 per diluted share, for 2003, more than triple 2002’s Net Income of $12.2 million. Net Income for the fourth quarter of 2003 was $13.8 million, or $0.47 per diluted …

S.D. SUED OVER COUNTERSIGNATURE LAW:

South Dakota is one of three U.S. jurisdictions whose countersignature laws are being challenged in court by the Washington, D.C.-based Council of Insurance Agents and Brokers. The statutes preclude out-of-state insurance brokers from conducting business in their jurisdictions without the …

Nursing Homes Under the Microscope

As we age in life, thoughts oftentimes turn to just who will take care of us when that day comes when we can’t fend for ourselves. Even those in society with many relatives are not guaranteed that they one day …

Identity Theft

Nuts & Bolts: Travelers Property Casualty Corp. is offering a new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or use as an …

General Contractors Liability

Nuts & Bolts: Arrowhead Managed Insurance Programs is offering a new market for general contractors liability Dollars: Minimum deductible SIR of $10,000. Minimum premium, $50,000, policy limits: $2 million to $5 million. Carrier: American Safety Indemnity Company, rated “A 7.” …

Insurance Skills Center to Host Agribusiness Conference March 17-18

Insurance Skills Center will hold a two-day insurance conference for continuing education credits focusing on Farm and Agribusiness Insurance Risks, scheduled March 17-18, 2004 in Sacramento, California. The 17th Annual Agribusiness Conference is designed for broker/agents, CSRs, and company representatives …

Broker Group Makes a Federal Case of Countersignature Laws

The Washington, D.C.-based Council of Insurance Agents and Brokers (CIAB) has filed suit in South Dakota, West Virginia and the U.S. Virgin Islands challenging statutes that preclude out-of-state insurance brokers from conducting business in their jurisdictions without the countersignature of …

General Contractors Liability

Nuts & Bolts: Arrowhead Managed Insurance Programs is offering a new market for general contractors liability. Dollars: Minimum deductible SIR of $10,000. Minimum premium, $50,000, policy limits: $2 million to $5 million. Carrier: American Safety Indemnity Company, rated States Available: …

Identity Theft

Nuts & Bolts: Travelers Property Casualty Corp announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for …