West Virginia News

Declarations

Rocky Quarter “It was a rocky third quarter for insurers, but risk managers still saw prices improve on average. It is increasingly clear, though, that premiums cannot continue to fall at this pace, especially with the global economy in chaos.” …

Business Moves

BrickStreet Mutual, Argonaut BrickStreet Mutual Insurance, headquartered in West Virginia, will expand its services in 2009 by offering to provide its West Virginia policyholders with workers’ compensation coverage in other states. BrickStreet will partner with Argonaut Insurance Co. to provide …

Report: Deaths from Deer Collisions on Rise in Virginia

The number of people who die in vehicle crashes with deer and other animals in Virginia is rising. A report by the Highway Loss Data Institute says four people died in such crashes last year compared to one such death …

West Virginia Receives $3.1 Million for Disaster Relief

West Virginia is getting $3.1 million in federal funds to support its long-term disaster recovery and critical infrastructure needs. U.S. Housing and Urban Development Secretary Steve Preston announced the grants as part of $200 million for 15 states hit by …

West Virginia-based BrickStreet Policyholders Elect New Directors

Charleston, W.Va.-based BrickStreet Mutual Insurance Co. policyholders elected a new board of directors, to begin oversight of the workers’ compensation carrier in January. The new board includes four current board members. They are joined by W. Marston “Marty” Becker, chairman …

West Virginia-based BrickStreet Launches Out-of-State Coverage

BrickStreet Mutual Insurance Co., headquartered in West Virginia, will expand its services in 2009 by offering to provide its West Virginia policyholders with workers’ compensation coverage in other states. BrickStreet will partner with Argonaut Insurance Co. to provide the expanded …

Feds Fine West Virginia Coal Operation $763K over Dust Hazard

Federal officials fined an Alpha Natural Resources subsidiary more than $763,000 for repeated safety violations at a West Virginia coal operation, the federal Mine Safety and Health Administration said. Alpha’s Kingwood Mining Co. was cited 13 times in a one-year …

Iowa Governor Appoints Consumer Advocate for Insurance

Iowa Gov. Chet Culver has appointed the state’s first consumer advocate for insurance. Angel Robinson will fill a post that only two other states, Florida and West Virginia, have on the books. In a statement released on Oct. 22 Culver …

Cinders to Help Keep West Virginia Roads Safe

The increased cost and shortage of salt may mean some slicker roads in parts of West Virginia this winter. But officials in Lewisburg are hoping to keep their streets safe by using more cinders and less salt. Public Works Director …

BRP, QBE Offer Packaged Liability Policy for Small, Mid-Sized Firms

Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining. Private Accord, a new packaged liability policy available through Business Risk …