January 11, 2009
The West Virginia Supreme Court says a homeowner’s insurance company should not be held liable for paying damages stemming from a fatal alcohol-related accident involving underaged drinkers. In its unanimous ruling, the court said Jeff Cora’s policy with American Modern …
January 11, 2009
Insufficient Warning “I think all three agencies have been irresponsible in not accurately warning citizens.” —Stephen Smith, executive director for the Southern Alliance for Clean Energy, criticizing federal, state and Tennessee Valley Authority officials for their handling of safety concerns …
January 11, 2009
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with differences in the usefulness of information such as the rates and practices of individual insurance companies. According to the Consumer …
January 6, 2009
Nine states have reached a $7 million settlement with New York-based insurance broker Marsh, Inc., Marsh & McLennan Companies, Inc., resolving a four-year investigation into Marsh’s role in a nationwide bid rigging scheme. Marsh allegedly made collusive arrangements whereby brokers …
January 5, 2009
Railroad operator CSX Corp. has hired New York investment banker Goldman, Sachs & Co. to help determine what to do with the money-losing luxury resort. The aim is to make the White Sulphur Springs landmark a viable business entity, Jacksonville, …
January 4, 2009
West Virginia’s BrickStreet Insurance is looking to trim costs in 2009 by dropping nearly 1,000 workers’ compensation policies its chief calls the worst of the worst. Greg Burton says the policies have brought in about $16 million worth of premiums, …
December 30, 2008
An inability to retain inspectors is hurting West Virginia’s efforts to make the inherently dangerous business of coal mining safer. Faced with a turnover rate topping 20 percent, the state is scrambling — for the second consecutive year — to …
December 29, 2008
Country living isn’t as tranquil as it’s cracked up to be. Injuries requiring a hospital stay are more likely to occur in rural areas compared to urban settings, according to a West Virginia University study. The study analyzed all reported …
December 29, 2008
A Massey Energy subsidiary has agreed to pay $4.2 million in civil and criminal penalties and plead guilty to federal charges stemming from a fire that killed two miners at a southern West Virginia coal mine in January 2006, a …
December 22, 2008
America’s 600 underground coal mines would have to spend an estimated $278 million installing sophisticated electronic communications and tracking equipment under a new federal proposal requiring operators to file plans by next June with the Mine Safety and Health Administration. …