Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
Business Moves
Jan 28 2007 // Goldman Sachs, USI Holdings Big insurance broker USI Holdings Corp. agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs and Co., in a transaction valued at approximately $1.4 billion,...
West Virginia Exposes Workers’ Comp Fraud
Jan 26 2007 // William E. Keir pleaded guilty earlier this month to one felony count of wrongfully seeking workers’ compensation insurance, according to the West Virginia Insurance Commission. Keir, 29, of Morgantown was indicted...
W. Va. Judge Dismisses 400 Flood Claims Against Coal Firms
Jan 26 2007 // A circuit judge has dismissed the claims of about 400 victims of a devastating flood in southern West Virginia in 2001. Ohio County Circuit Judge Arthur M. Recht said in last week’s ruling that the plaintiffs who...
W. Va. Tackles Mine Safety Rules to Address Sago Tragedy
Jan 19 2007 // Members of the state Board of Coal Mine Health and Safety say the panel may have a tough time crafting regulations to address the cause of the Sago Mine accident. The process of writing those rules officially began...
W.Va. Building Where Fire Killed 7 Lacked Sprinklers
Jan 17 2007 // There was no sprinkler system in the five-story apartment building where fire killed at least seven people, including a child, fire officials said. “I think they would have made a huge difference,” Fire Chief...
Virginia Bill Would Require Notice When Personal Data Is Lost or Stolen
Jan 16 2007 // Two Virginia lawmakers said this week that they will introduce legislation requiring government agencies and businesses to notify Virginians if their personal information is lost or stolen. Del. Robert Brink, D-Arlington,...
Health Savings Account Firm Exits W. Va. in Dispute with State
Jan 10 2007 // Indiana-based insurer is pulling out of West Virginia, saying regulatory action taken against it by the state forced the decision. Medical Savings Insurance of Indianapolis notified customers this month that it will not...
W. Va. Man Jailed, Indicted on Insurance Fraud Charge
Jan 9 2007 // Reynoldsville, W. Va., resident Carl Lee Gallo was indicted last week on one felony count of attempting to secure workers compensation benefits in excess of $1,000, according to officials. The 67 year old Gallo is...
W. Va. Seeks Fix for Soaring Health Insurance Costs
Jan 3 2007 // Lawmakers and health care advocates in West Virginia must confront a stark reality: more than one in two residents either get their insurance from the government or have no insurance at all. Next year, the Legislature will...
Alfa Completes Virginia Mutual Conversion; Expands to Tenn.
Jan 3 2007 // Alfa Corp. has completed completion its previously approved plan of conversion and acquisition of Virginia Mutual Insurance Co. Virginia Mutual converted from a mutual company to a stock company and simultaneously has been...
BrickStreet Purchases Charleston, W. Va. Town Center Site
Dec 29 2006 // BrickStreet Mutual Insurance Co. has finalized the purchase of office space at Charleston Town Center that will allow the private workers’ compensation insurance provider to consolidate its operations under one...
W.Va. report on Sago Mine blast leaves many questions unasnwered
Dec 25 2006 // The families of the Sago Mine victims aren’t the only ones who want more answers from the state about what went wrong Jan. 2. The United Mine Workers says the state’s theory is “cockamamie” and begs...
People and Places
Dec 25 2006 // The Independent Insurance Agents of Texas appointed P. Scott Hubacek to the newly created position of IIAT Member Services Ambassador. Hubacek will be responsible for recruiting new members and for helping new and existing...
2006: a big year for P&C buyers and sellers of all shapes and sizes
Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
People and Places
Dec 25 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...
2006: Mother Nature and political deals made 2006 an unsettling year
Dec 25 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...
People and places
Dec 25 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...
Insurance issues have been key in Southeast’s ongoing recovery
Dec 25 2006 // While Mother Nature was nicer to the Southeast and the insurance industry in 2006 than she was in 2005, her potential for destruction was never far from the minds of those living and rebuilding in the Southeast. Insurance...
People
Dec 24 2006 // Members of the National Association of Insurance Commissioners elected 2007 officers during the group’s winter meeting in San Antonio. Alabama Insurance Commissioner Walter Bell was named president, Kansas Insurance...
Top 10 Stories of the Year – East
Dec 24 2006 // From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was...
