Virginia legislators move to draft laws for a health insurance exchange despite Governor’s wishes

Virginia may soon be heading down the path of establishing its own health insurance exchange, despite opposition from Governor Robert McDonnell. State legislators worry that time is growing short for the state to take action. If Virginia does not build its own exchange by 2014, the federal government will step in and build and govern one of their own. Legislation that would make an exchange possible is being championed by Delegate Terry Kilgore, chairman of the House of Commerce and Labor Committee. Kilgore believes that immediate action must be taken…

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Virginia’s request for aid in wake of August earthquake is approved by FEMA

FEMA has approved a second request for aid coming from Virginia to help recover from a powerful earthquake that struck the state in August of this year. The 5.8-magnitude has caused more than $22 million in damage to date. Given the rarity of earthquakes in the Eastern U.S., few Virginia residents have adequate insurance coverage for such happenings. More than 1,404 homes have been damaged by the quake and the 40 aftershocks that shook the state in the following weeks. FEMA had initially denied the request for aid after insurers…

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