Latest Virginia Headlines
All the headlines from our Virginia Topic Page, ordered by recency.
Va. Supreme Court: Insurer Not Liable For Claims From Global Warming
Sep 19 2011 // The Virginia Supreme Court has ruled in favor of an insurance company in a closely watched legal case involving global warming. The high court ruled that Steadfast Insurance Co., which provided commercial general liability...
Zurich Wins West Virginia Workers’ Comp Contract
Sep 19 2011 // West Virginia state agencies will have a new workers’ compensation insurer beginning next month. Zurich Insurance Co. submitted the winning bid of $19 million for the one-year contract. Zurich will replace...
Court Tosses Virginia Challenge to Healthcare Law
Sep 19 2011 // A U.S. appeals court handed President Barack Obama a victory for his signature healthcare law on Sept. 8, ruling against challenges by the state of Virginia and others seeking to invalidate the law as unconstitutional. The...
Virginia-based Hilb Group Acquires Venture Specialty Insurance
Sep 16 2011 // The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, has purchased Venture Specialty Insurance. The Richmond, Va.-based Venture Specialty is an all-lines agency with two...
Buffett Picks Another Successor
Sep 13 2011 // Warren Buffett advanced his succession plan Monday by naming Ted Weschler, a low-profile hedge fund manager who has produced out-sized returns in the last decade, to help manage the investments of Berkshire Hathaway...
Court Tosses Virginia Challenge to Healthcare Law
Sep 9 2011 // A U.S. appeals court handed President Barack Obama a victory for his signature healthcare law Thursday, ruling against challenges by the state of Virginia and others seeking to invalidate the law as unconstitutional. The...
Business Moves
Sep 5 2011 // Vertafore, Kaplan Compliance Insurance agency technology vendor Vertafore said that its subsidiary Sircon will acquire Indianapolis, Indiana-based Kaplan Compliance Solutions (KCS), which sells insurance and securities...
First Responder Fees Claims Becoming Routine for Insurers
Sep 5 2011 // While fee recovery by fire departments is nothing new, an increasing number of local municipalities have begun to charge for first responder, primarily fire department, services. Though the types of fees and rates vary...
3 Insurers Bid for West Virginia Account
Sep 5 2011 // Three companies are vying to provide workers’ compensation coverage for state agencies. Acting Insurance Commissioner Michael Riley said that BrickStreet Mutual Insurance Co., Chartis, and Zurich Insurance Co....
Virginia Governor Defends Mandatory Evacuations
Sep 1 2011 // Virginia Gov. Bob McDonnell credited mandatory evacuations for saving lives during Hurricane Irene. As many as 200,000 Virginians were under mandatory evacuation orders during the weekend storm, and many others were urged...
West Virginia Jury Awards $7 Million in Electric Plant Explosion Death
Aug 30 2011 // A West Virginia jury has awarded $7 million in damages to the family of a worker killed in a 2007 explosion at an American Electric Power plant in Ohio. A Marshall County jury found AEP and subsidiary Ohio Power Co....
Insured Losses from Hurricane Irene in Carolinas Could Reach $400 Million
Aug 28 2011 // Hurricane Irene caused between $200 million and $400 million in insured losses in the Carolinas, catastrophe modeling company Eqecat said on Sunday. At 7:30 a.m. ET Saturday, Aug. 27, Irene made its first landfall just...
Hurricane Irene Update: 50 Million People Could Be Affected
Aug 26 2011 // Parts of the southeastern United States were already experiencing dangerous swells and rip tides Thursday as Hurricane Irene exited the Bahamas. On Friday afternoon, ahead of Hurricane Irene’s forecasted arrival in...
Is ‘Old’ East Coast Prepared For a Powerful Earthquake?
Aug 26 2011 // There was a crack in the Washington Monument, and capstones were broken at the National Cathedral. In the District of Columbia suburbs, some people stayed in shelters because of structural concerns at their apartment...
East Coast Cities, Resorts Prepare for Irene
Aug 26 2011 // North Carolina braced Friday for a direct hit from Hurricane Irene, cities along the U.S. east coast were on alert and millions of beach goers cut short vacations to escape the powerful storm. With more than 50 million...
East Coast Earthquake: Fear, Damage Mixed with Relief, Teasing
Aug 26 2011 // For a few minutes from Georgia to Maine, the question rang out: What was that? The answer — a rare East Coast earthquake, magnitude 5.8 — was far down on the list for most not used to the earth shaking beneath them. In...
Colorado Jostled with Earthquake Aftershocks
Aug 25 2011 // Colorado has been jostled with 13 aftershocks after Monday night’s magnitude-5.3 earthquake struck just hours before a magnitude-5.8 temblor hit Virginia, earthquake monitors said Wednesday. Geophysicist Amy Vaughan...
The Hanover Adds D.C. Area Branch Office
Aug 24 2011 // The Hanover Insurance Group added a new District of Columbia Metro branch office in Reston, Va. Located in the Reston Executive Center at 12100 Sunset Hills Road, the new branch office will address commercial insurance...
Earthquake Tested Safety of East Coast’s Nuclear Plants
Aug 24 2011 // The largest earthquake to hit the East Coast of the United States in 67 years raised concerns on Tuesday about the safety of the country’s nuclear power plants. The 5.8 magnitude quake’s epicenter was just a...
East Coast’s Once-a-Century Earthquake Causes Minor Damage
Aug 24 2011 // A strong earthquake rattled the U.S. East Coast Tuesday, sending tremors as far as Canada, damaging well-known buildings in the nation’s capital and sending scared office workers into the streets. There were no...
