West Virginia enforcement officials formally indicted a Raleigh County man this week on a charge of first degree arson and insurance fraud after allegedly setting fire to his former residence. Officials arrested Andrew B. Halstead, 51, of Prosperity, W. Va., …
The trustee of the former Weirton Steel Corp. is suing Zurich Specialties London Ltd., claiming the insurance company refused to pay a legitimate claim and now owes the bankrupt steelmaker’s creditors $39 million. The complaint, filed in U.S. District Court …
A company that manages old workers’ compensation claims for West Virginia is laying off 62 employees after it lost the contract to another company. Cambridge Integrated Services Group Inc. announced the layoffs Wednesday. The company says it will close its …
Alabama, California, Montana, Rhode Island and Washington will begin requiring insurance companies to file annual statement data as part of a growing effort to make market conduct exams more efficient that now includes 30 states. The 30 states require companies …
The Insurance Commissioner of West Virginia said an annual study estimates that just over 21,000 deer-vehicle claims were presented last year to insurers of West Virginia drivers. Commissioner Jane L. Cline said along with the fall season comes an increase …
Penn.-based Erie Insurance recently announced that the company plans to write business in Minnesota beginning in the fourth quarter of 2009. . “We are looking forward to entering Minnesota because of the substantial growth opportunities the state provides for our …
Environmental Consultants-Contractors Nuts & Bolts: As part of the comprehensive coverage care suite of products, ELM Insurance Brokers has an addition to its errors and omissions/directors and officers/ employment practices liability/crime and fiduciary suite, environmental liability for consultants and contractors’ …
Declarations Alabama ceiling “It’s horrible. Rates have gone through the ceiling.” — Fort Morgan, Ala., builder Greg Miller who said he paid $22,000 in coverage on four condo units before Katrina and now pays $108,000 on his units for less …
BrickStreet Mutual Insurance Co. may have the lock on West Virginia’s workers’ compensation insurance business now but that doesn’t mean others aren’t interested. State Insurance Commissioner Jane Cline said at least nine major insurers have approached her agency about entering …
With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. …
