August 20, 2009
Nationally, family premiums for employer-sponsored health insurance increased 119 percent between 1999 and 2008, and could increase another 94 percent to an average $23,842 per family by 2020 if cost growth continues on its current course, according to a new …
August 19, 2009
Attention all you insurance industry golfers filling out your gift lists: the birthplace of American golf is up for sale. Lewis Keller, the owner of West Virginia’s Oakhurst Links, says that after 50 years, it’s time for someone else to …
August 19, 2009
Michigan insurance companies say that so-called “bad faith” bills approved by the House Insurance Committee today are unnecessary and will open the floodgates for lawsuits against them, eventually costing consumers money. Meanwhile, House Democrats who are sponsors of the “bad …
August 11, 2009
The debate over reforming the U.S. health care system has zeroed in on one main target: insurance companies. Democrats and the Obama administration plan to spend August battling to win popular support to expand health care coverage as the insurance …
August 11, 2009
The West Virginia Fire Marshal’s Office is investigating a blaze that destroyed four coal trucks and damaged a fifth truck in McDowell County. State Homeland Security and Emergency Management Director Jimmy Gianato says the cost of the damage and cleanup …
August 10, 2009
Out of concern that a dispute over a local West Virginia insurance ordinance in the city of Huntington could jeopardize home rule pilot programs across the state, Gov. Joe Manchin met with city, state and insurance officials last Friday to …
August 6, 2009
West Virginia Insurance Commissioner Jane L. Cline has approved a loss cost filing by the state’s workers’ compensation insurance companies that will result in an overall six percent decrease. She said more than 80 percent of the state’s employers should …
August 3, 2009
Property insurance companies in West Virginia are caught between a rock and a hard place over an ordinance in the city of Huntington that forces them to pay funds on some total fire losses to the city rather than directly …
August 3, 2009
A Memphis insurance claims firm wants the more than $1 million that it was supposed to receive from West Virginia, but that was instead diverted in an apparent Africa-based fraud scheme, state lawmakers learned recently. Sedgwick Claims Management Services sent …
August 3, 2009
Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …