Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
Virginia Mutual Policyholders OK Stock Conversion, Merger with Alfa
Nov 29 2006 // Policyholders of Virginia Mutual Insurance Co. have approved the previously announced plan of conversion with Alfa Corp., the companies reported. Under the agreement, Virginia Mutual will convert from a mutual company to a...
Virginia Approves Workers’ Comp Price Changes
Nov 29 2006 //
Regulators Install Management Committee for Interstate Compact
Nov 27 2006 // The Interstate Insurance Product Regulation Commission created by the National Association of Insurance Commissioners installed its Management Committee and elected a Committee chair, vice-chair and treasurer recently...
Virginia Attorney’s Suit Blames City for Hurricane Floyd Floods
Nov 22 2006 // A Virginia attorney has refiled a $20 million lawsuit that blames the city of Newport News for flooding during Hurricane Floyd in 1999. The suit is on behalf of residents of the Denbigh area of the city, and follows a...
Court-Appointed Scientists Say Teflon Health Studies Could Take Years
Nov 17 2006 // Ohio and West Virginia residents who sued DuPont over a chemical used to produce Teflon may have to wait up to five years before learning if their health has been adversely affected by the substance, members of a science...
Work Begins on New State Fire Academy in W. Va.
Nov 16 2006 // Construction has started on a new state fire academy in Lewis County, West Virginia. The $6.3 million building, scheduled to be finished in June near the Jackson’s Mill State 4-H Conference Center, will replace the...
Interstate, Swiss Re Expand Trucking Program into Virginia, Indiana
Nov 15 2006 // Interstate Insurance Management (IIM) and Swiss Re’s Commercial Insurance are expannding their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since...
Report Cites Safety Violations in Two West Virginia Mine Deaths
Nov 15 2006 // State and federal regulators failed to find safety violations that contributed to the deaths of two miners in a conveyor belt fire at an underground coal mine in January, according to an independent report. But J. Davitt...
Medical Malpractice Market in W. Va. Improves
Nov 15 2006 // Medical malpractice insurance in West Virginia, once a money-losing business, has become a profit machine for insurers as the number of lawsuits filed against doctors has declined, a report by the state Insurance...
Business Moves
Nov 5 2006 // Aon, Old Republic Insurance Co. Chicago-based Aon has taken further steps to exit the property and casualty underwriting business by moving to sell its Construction Program Group (CPG). Aon also announced that it would...
Business Moves
Nov 5 2006 // Affirmative Insurance Holdings, USAgencies Affirmative Insurance Holdings Inc., Addison, Texas, and privately-held USAgencies L.L.C., based in Baton Rouge, La., announced a definitive agreement under which Affirmative will...
Business Moves
Nov 5 2006 // Aon, Old Republic Insurance Co. Chicago-based Aon has taken steps to exit the property and casualty underwriting business by moving to sell its Construction Program Group (CPG). Aon also announced that it would strengthen...
Virginia to Weigh Workers’ Comp Rates
Nov 1 2006 //
Prime Authorized to Write Surplus Lines in Virginia
Oct 25 2006 // Chicago, Illinois and Salt Lake City, Utah – Prime Holdings Insurance Services, Inc. (“Prime Holdings”) announced that its subsidiary, Prime Insurance Company (“Prime”), received approval to...
Aon Moves On Exit Plan, Announces Sale of Construction Program
Oct 25 2006 // Chicago-based Aon Corp. today announced that it has taken further steps to exit its property & casualty underwriting business by signing a letter of intent for the sale of its Construction Program Group (CPG). Aon...
Declarations
Oct 23 2006 // Virginia flooding “I really feel for the business owners in the heart of downtown who have fought so hard to come back after Floyd in 1999.” Virginia Gov. Timothy M. Kaine in declaring a statewide emergency...
Business Moves
Oct 23 2006 // Narragansett Bay, Hanover Narragansett Bay Insurance Co., a member of Pawtucket Insurance Group, has agreed to take over the Rhode Island homeowners insurance business of Hanover Insurance Co. The transaction involves...
Business Moves
Oct 23 2006 // OneBeacon, QBE OneBeacon Insurance Group completed its renewal rights and asset sale agreement to transfer its agricultural division to QBE the Americas, a wholly owned division of QBE Insurance Group Ltd., for...
Berkshire Hathaway Says General Re Not Target of Investigation
Oct 19 2006 // General Reinsurance, which is owned by Warren Buffett’s Berkshire Hathaway Inc., said it learned this week that the company is not a target of a federal investigation into the collapse of insurer Reciprocal of...
Virginia Offers Consumer Guides with Sample Auto, Home Premiums
Oct 17 2006 // Virginia’s Bureau of Insurance has updated its free auto and homeowners insurance consumer guides and corresponding premium comparison pamphlets. The guides are designed to help consumers understand their insurance...
