May 4, 2009
$60 Million The estimated insured loses caused by violent weather that struck Georgia on April 10, according to Insurance and Safety Fire Commissioner John W. Oxendine. The storms caused damage in the metro Atlanta area, Burke, Chattooga, Crisp, Floyd, Franklin, …
May 1, 2009
An ex-judge for the Pennsylvania Superior Court has begun serving his 46-month sentence for insurance fraud at a minimum-security federal prison in West Virginia. Online federal prison record confirm that former judge Michael Joyce has reported to the facility in …
April 24, 2009
A large explosion and fire that took the lives of two workers at the Bayer CropScience plant in West Virginia last August was caused by a thermal runaway reaction during the production of an insecticide. The event likely resulted from …
April 23, 2009
National insurer Progressive Commercial has expanded its truck insurance offerings to include liability coverage for truckers involved in coal hauling. Liability coverages for coal hauling truckers and businesses have been typically only available through smaller and regional insurers, according to …
April 20, 2009
Munich Re German reinsurer Munich Re has successfully concluded the acquisition of specialty insurer HSB Group from American International Group for $739 million. The deal was originally announced last December. The purchase price in cash was financed by Munich Re …
April 20, 2009
West Virginia workers’ compensation carrier BrickStreet Mutual Insurance Co. says it’s getting rid of its in-house public relations and communications office. BrickStreet president and chief executive Greg Burton said the move will affect six employees. Burton said the decision to …
April 17, 2009
A Massey Energy subsidiary was fined $2.5 million fine this week after a federal judge accepted the company’s guilty plea to 10 criminal charges for a fire that killed two West Virginia coal miners. U.S. District Judge John Copenhaver approved …
April 14, 2009
A former Miss West Virginia has won a $7.2 million verdict against nine Internet companies that tried to sell pornographic videos they falsely claimed featured her. A jury in U.S. District Court in Clarksburg last week ordered each defendant to …
April 10, 2009
Chemical maker DuPont urged the West Virginia Supreme Court to fix what it called mistakes that led to a nearly $400 million verdict against the company by overturning the case. The court can order a new trial or even decide …
April 8, 2009
The U.S. Department of Agriculture is giving West Virginia farmers who lost crops due to natural disaster last year more time to apply for crop insurance and other assistance. The agency says farmers have until May 18 to buy in …