Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
Liberty Mutual Teams with AAA to Offer Va. Discounts
Feb 25 2004 // AAA Mid-Atlantic Insurance Agency Inc. and Liberty Mutual Group announced that they have entered into an affinity marketing agreement, making more than 700,000 Virginia AAA members eligible for discounts of 10 percent on...
West Virginia Operating With Tort Reform Concerns
Jan 26 2004 // Like many other parts of the country, West Virginia is looking to answers to improve tort reform in the state. Recently, Insurance Journal Southeast spoke with Randy Cox, American Insurance Association West Virginia...
Taking the Pain Out of Tort Reform
Jan 26 2004 // Having first looked at efforts to pass more tort reform in Mississippi (Jan. 12, “Miss. Tort Reform In Play As Lawyers Flock to Magnolia State”) and now reporting on efforts in West Virginia in this issue, one...
West Virginia Commissioner Eyes Tort Reform
Jan 26 2004 // When asked about a recent report from the American Tort Reform Association that singled out West Virginia as the only statewide “judicial hellhole” in a related report, Bringing Justice to Judicial Hellholes...
Westfield Insurance Branches Out Into Virginia
Jan 20 2004 // Westfield Insurance recently opened a new commercial lines and surety office in suburban Richmond, Virginia, expanding the company’s property/casualty and surety operations to 26 states. Located at 4701 Cox Road in...
Farmers Offers Multiple Lines Discount to Va. Customers
Jan 14 2004 // Farmers Insurance announced that customers in Virginia “may qualify for a special discount on Home insurance when they also have a Farmers New World Life Insurance Company policy.” “The Home Life Discount...
The Jacobson Group Places Remmells at W. Va. National Auto Insurance Co.
Jan 13 2004 // The Jacobson Group assisted another insurance organization in its quest for talent by placing David Remmells, as Chief Financial Officer at West Virginia National Auto Insurance Company of Morgantown, W.Va. “We have...
VIRGINIA BIRTH FUND ON WATCH:
Jan 12 2004 // An actuarial review of the Virginia Birth-Related Neurological Injury Compensation Fund found that the program’s ability to meet future claims payments has deteriorated. However, the State Corporation Commission...
ISABEL COST VIRGINIA INSURERS $925 MILLION:
Jan 12 2004 // Hurricane Isabel’s cost to insurers in Virginia has more than doubled the original expectations, and now tops $925 million. The figure represents more than half of the total $1.69 billion in insured damage from the...
TORT REFORM ASSOCIATION CALLS W. VA. A ‘JUDICIAL HELLHOLE’:
Jan 12 2004 // The American Tort Reform Association (ATRA) singled out West Virginia as the only statewide “judicial hellhole” in their recently released report, Bringing Justice to Judicial Hellholes 2003. The designation...
A.M. Best Downgrades Rating for Medical Assurance of W. Va.
Dec 29 2003 // A.M. Best Co. has downgraded the financial strength rating to B (Fair) from A- (Excellent) of Medical Assurance of West Virginia, Inc., (Charleston, WV) a wholly-owned subsidiary of Medical Assurance Company Inc. (MAI),...
Tort Reform Association Calls W.Va. a “Judicial Hellhole”
Dec 22 2003 // The American Tort Reform Association (ATRA) singled out West Virginia as the only statewide “Judicial Hellhole” in their recently released report, “Bringing Justice to Judicial Hellholes™...
West Virginia Tabbed as Top State with Highest Workers’ Comp Cost Per Employee by UWC
Dec 2 2003 // The National Foundation for Unemployment & Workers’ Compensation (National Foundation) published its annual report on workers’ compensation in the United States, and reportedly finds West Virginia as the...
W. Va. Commissioner Warns of Impact with Wildlife
Oct 14 2003 // West Virginia Insurance Commissioner, Jane Cline, announced recently that along with the fall season comes an increase in the number of auto related accidents involving deer and other wildlife. This increase occurs during...
Va. Birth-Related Neurological Injury Compensation Fund On Financial Watch
Oct 7 2003 // An actuarial review of the Virginia Birth-Related Neurological Injury Compensation Fund reportedly finds that the outlook for the program’s ability to meet future claims payments has deteriorated. However, the State...
20 States Have Enacted Tort Reforms This Year
Aug 4 2003 // This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were...
20 States Have Enacted Tort Reforms This Year
Jul 15 2003 // This year has been the busiest for enactment of state civil justice reform legislation since 1995, according to the American Tort Reform Association (ATRA). At mid-year, 20 states already have enacted laws; 19 laws were...
NCOIL Scoring Model Reportedly Garners Support in States
Jul 10 2003 // The reported increasing popularity of the National Conference of Insurance Legislators (NCOIL) Insurance Scoring Model Act and the publication of two significant studies showing an irrefutable link between credit-based...
Tenn. Moves Forward on Liquidation of Malpractice Firms
Jun 9 2003 // Tennessee Commissioner of Commerce and Insurance Paula A. Flowers announced that her department received court approval to liquidate three Tennessee-chartered malpractice insurance companies that issued policies to...
BB&T to Acquire Tennessee Agency
Jun 6 2003 // North Carolina-based BB&T Insurance Services announced plans to buy STHARCO Inc., parent company of Kingsport Development Company (KDC) Insurance Inc. of Kingsport, Tenn. The acquisition would give the insurance...
