West Virginia News

AIG Private Client Group Adds to Excess Flood Coverage

AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), has expanded its Excess Flood Program to 17 additional states across the country, bringing the total to 32 states nationwide. Since AIG …

Insurance Journal 80th Anniversary

One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any industry. He took …

Insurance Journal 80th Anniversary

One-on-One with Mark Wells, Publisher of the Insurance Journal By Charles E. Boyle Despite his still somewhat boyish appearance, Mark Wells has been the publisher of the Insurance Journal for 33 years, a long time in any industry. He took …

ACE INA UK Eligible to Offer Insurance on E&S Basis for More Than 30 States

ACE INA UK Limited, a London-based operation of the ACE Group of Companies, is now eligible to offer insurance on an Excess & Surplus lines (E&S) basis in more than 30 U.S. states, including New York and Texas. ACE INA …

Alliance Lauds N.Y., Fla. Action on Modernizing State Producer Laws; More is Needed

The Alliance of American Insurers has issued a bulletin which praised recent efforts in New York and Florida to modernize producer licensing laws, but it also called for other states to follow suit. Alliance VP for Property/Casualty Rey Becker said …

W. Va. Commissioner Warns of Impact with Wildlife

West Virginia Insurance Commissioner, Jane Cline, announced recently that along with the fall season comes an increase in the number of auto related accidents involving deer and other wildlife. This increase occurs during the months of October, November and December, …

ISO Claims Database Offers Access to Motor Vehicle Reports

Insurance Services Office, Inc. (ISO) has expanded its claims database — ISO ClaimSearch — to provide access to countrywide Motor Vehicle Reports (MVRs) for enhanced claims analyses and investigations capability. ISO ClaimSearch will provide insurers access to countrywide MVRs through …

Healthcare Environmental Liability

Nuts & Bolts: Helix Insurance has a market available for healthcare environmental liability. Dollars: $1 million per claim/$5 million Agg. Deductibles of $0 physician groups/$5,000 institutions. Minimum premium of $2,000. Carrier: USF Insurance Co., “A” Rated. Non-admitted market. States Available: …

ISO Reports Insurers to Pay $1.17 Billion for Hurricane Isabel Claims

Insurers are expected to pay $1.17 billion to homeowners and businesses for insured property losses from Hurricane Isabel that struck eight mid-Atlantic and northeastern states on Sept. 18-19, according to preliminary estimates by the Property Claim Services (PCS) unit of …

Insurance Coverage Threat Forces Out WesBanco Chairman

James Gardill has submitted his resignation as chairman and member of West Virginia’s WesBanco, Inc.’s Board of Directors, as well as a member of various subsidiary boards of WesBanco, effective Aug. 31, 2003, citing a decision by his law firm’s …