Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
Va. Med-Mal Insurer’s Collapse Has Patients and Doctors Scrambling
Jul 18 2005 // Like many pediatricians, Dr. Raymond Jones has enjoyed watching his “kids” graduate from infancy to college. But his smiles often masked his anxiety that he was about to be ruined. The 2002 collapse of his...
Virginia Big ‘I’ Breaks Ground in Education, Starting with CSR Program
Jul 18 2005 // It’s an age-old problem for agency owners: where to find customer service representatives. Ask agency principals to name their biggest challenges and locating CSRs is right up there at the top of most...
D.C. Department Approves ProAssurance Acquisition of NCRIC Inc.; Aug. 2 Vote Scheduled
Jul 14 2005 // Medical malpractice insurers writers NCRIC Group Inc. and ProAssurance Corporation announced that the District of Columbia Department of Insurance, Securities and Banking has approved the proposed acquisition of NCRIC,...
Va. Agents Warned to Adhere to State’s Fee Disclosure Law
Jul 14 2005 // Virginia insurance agents might not have to worry about a new far-reaching compensation disclosure law as do agents in some other states, but they should pay attention to laws already on the books, the state’s chief...
W.Va. Insurance Commission Preparing to Oversee Workers’ Compensation
Jul 14 2005 // The West Virginia Insurance Commission is preparing for Jan. 1, 2006, when it will be responsible for the state workers’ compensation system, as the West Virginia Workers’ Compensation Commission ceases to...
Bridgeport, W.Va. Insurance Agent Charged With Embezzlement, Fraud
Jul 13 2005 // Insurance agent Dorsey R. Ash of the Ash Insurance Agency Inc. in Bridgeport, W.V. has agreed to plead guilty to one count of embezzlement, a felony; and one count of conducting a fraudulent scheme, also a felony,...
Two W. Va. Towns Rated ‘Safest’
Jul 9 2005 // Los Angeles-based Farmers Insurance Group has rated Wheeling, W. Va. the third safest place to live in the U.S., while Parkersburg/Marietta,W. Va. was ninth on the list of 20 small towns. The rankings were part of a study...
SOX Debate Must Go On Despite Insurers’ Protests, Va.’s Gross Insists
Jul 7 2005 // The debate over insurance company financial reporting should center on the value of what is reported and the effort to change the rules must go on despite opposition by some, according to the state insurance commissioner...
Va. Chief Insists SOX Debate Must Go On Despite Insurers’ Protests
Jul 4 2005 // The debate over insurance company financial reporting should center on the value of what is being reported by insurers and the effort to change the reporting rules must go on despite opposition by some, according to the...
Va. Agents Warned to Adhere to State’s Fee Disclosure Law
Jul 4 2005 // Virginia insurance agents might not have to worry about a new far-reaching compensation disclosure law as do agents in some other states, but they should pay attention to laws already on the books, the state’s chief...
Failed Reciprocal of America Executives Sentenced for Role in Fraud
Jun 30 2005 // Two former executives of a failed malpractice insurer were sentenced in federal court this week as part of an ongoing fraud investigation that has helped expose troubling practices in the industry. Kenneth R. Patterson,...
10 Companies, Nine Agents Fined Nearly $1 Million in W.V. in 2004
Jun 29 2005 // West Virginia Insurance Commissioner, Jane L. Cline, has announced that the Insurance Commission fined 10 companies and nine agents nearly $1 million dollars last year for violations relating to the insurance code of the...
AUTO, HOMEOWNER RATE DECREASES OK’D
Jun 20 2005 // Three insurance companies have been granted rate decreases by the West Virginia Insurance Comm-ission, including: Erie Insurance Co., 3.1 percent decrease in private passenger auto insurance, goes into effect Aug. 1; State...
News Briefs
Jun 20 2005 // ALABAMA DOI Lists Insurance Providers A list of insurance companies, agencies and agents writing property insurance in coastal areas of Alabama, including Mobile and Baldwin counties became available June 13, thanks to the...
Va. Municipalities Tally Costs, Benefits Involving Red Light Cameras
Jun 16 2005 // Red-light cameras have been criticized as moneymakers masquerading as safety devices. But several Virginia jurisdictions predict their budgets will be better off when Virginia ends the pilot program this...
3.8% Auto Residual Market Rate Increase in Effect in Virginia
Jun 15 2005 // An average 3.8 percent increase in rates for private passenger auto policies insured through the Virginia Automobile Insurance Plan is now in effect. The industry had requested an average 5.5 percent rate increase. The...
News Briefs
Jun 6 2005 // FLORIDA Fla. CFO: “Prepare Now for Hurricanes” After an un-precedented hurricane season last year and experts predicting the formation of more than 13 named Atlantic storms this season, Florida’s Chief...
For Boat Owners and the Agents Who Write Them, Location and Experience Matter
Jun 6 2005 // There were more than 17.6 million recreational boats in use in the United States in 2004, and an estimated 69 million people involved in boating activities, according to the National Marine Manufacturers Association. Since...
W. Va. Workers’ Comp Reforms a Mystery; Education Program Planned
Jun 2 2005 // West Virginia workers’ compensation reforms, including the privatization of the Workers’ Compensation Commission are a mystery to residents according to the results of a poll released today by RMS Strategies....
Five W. Va. Insurers Pledge to Cut Auto Premium Rates
May 30 2005 // Five of West Virginia’s largest carriers have pledged to lower premiums by more than $54 million, according to Insurance Commissioner Jane Cline. Within the past month State Farm, Nationwide, Erie, Allstate and...
