West Virginia News

PIAA Says Weiss Study on Tort Reform and Medical Liability Premiums is Flawed

According to the Physician Insurers Association of America (PIAA), Martin Weiss and his rating organization have engineered a report that is getting lots of media attention in spite of the fact that it is reportedly fatally flawed. Studying 19 states …

Alliance Hails Enactment of VT Electronic Commerce Bill

The Alliance of American Insurers hailed Vermont Governor Jim Douglas’ (R) for signing into law HB 148, a version of the Uniform Electronic Transactions Act (UETA), which supports use of electronic records and signatures. (See IJ Website May 23) The …

Group Says Cap on Non-Economic Damages Needed to Combat Fla. Healthcare Crisis

Floridians for Quality Affordable Healthcare released a report concluding that $250,000 cap on non-economic damages in medical malpractice cases would have saved 25 percent of nearly $1.2 billion in malpractice settlements and awards paid in Florida in just three years. …

Alliance Urges Passage of VT Electronic Commerce Bill

The Alliance of American Insurers has released a bulletin urging Vermont Governor Jim Douglas (R) to sign into law a bill, passed by the State’s legislature, that will “greatly enhance insurers’ and policyholders’ ability to conduct the business of insurance …

IIABA Asks Supreme Court to Hear W.Va. Insurance Regulation Case

The Independent Insurance Agents & Brokers of America announced that it has asked the U.S. Supreme Court to hear an appeal of the Fourth Circuit Court of Appeals decision in which the lower court ruled that West Virginia’s insurance consumer …

BOP

Nuts & Bolts: Superior Access is now offering a new BOP (Office Package Program) through a carrier with an AM Best Rating of “A+ XV”. Will entertain new ventures with a minimum of three years experience in their field. Agents …

Piccola Addresses Pa. Physicians as They Start Statewide Protests

Senate Majority Whip Jeffrey Piccola (R-15) emphasized Monday the need for enacting caps on non-economic damages in medical malpractice cases to members of the Politically Active Physicians Association (PAPA) at rallies in Southcentral and Southeastern Pennsylvania. Doctors are beginning a …

VFS Insurance Group’s Reach Expands Across the U.S.

VFS Insurance Group, the insurance division of the Volvo Group, has added eight states and the District of Columbia to the list of states in which it is licensed to sell insurance, bringing the total to 22 plus D.C. Over …

Colo. Joins Vanguard of States Reforming the Civil Justice System

Colorado has become the fourth state this year, following Arkansas, Idaho and West Virginia to enact substantive improvements in its tort system. Colorado recently enacted two reform bills and is considering three others that will make even more substantial changes, …

InsureVianet Expands State Availability for Exec. Liab. Suite

InsureVianet announced it has expanded the number of states for its online Executive Liability Suite by 16 additional states and the District of Columbia, bringing to 38 the total number of states in which the company offers its online small …