Workers' Compensation News
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Attorney Prepares to Defend Law License after Accusing IME Doctor of Perjury
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02/01/2016
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By: Sherri Okamoto (Legal Reporter)
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State: MI | Segment: Top | 0 | Popular with Legal
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A Michigan attorney says he's at risk of losing his law license because he accused an independent medical examiner of lying under oath to downplay the significance of his client's injuries from an automobile accident.
That IME, Dr. Rosalind Griffin, happens to be a member of the s...Read More
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Alberts Replaces Toscana on Municipal League's Comp Fund Board
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02/01/2016
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State: SD | Segment: NORTH | 0 | Popular with Array
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The South Dakota Municipal League has appointed Karl Alberts as chairman of the board of directors of its Workers' Compensation Fund. He replaces Francis Toscana, who retired in December.
Alberts has served on the fund's board since 1999, the Municipal League said in a press relea...Read More
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Applied Underwriters Disputes CDI Ruling on EquityComp Program
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01/29/2016
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State: CA | Segment: WEST | 0 | Popular with Legal
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Applied Underwriters said in a statement it disagrees with a California Department of Insurance order voiding a reinsurance participation agreement sent to a participant in the EquityComp program and plans to pursue all legal and regulatory remedies to overturn the ruling.
...Read More
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A.M. Best Places AIG Ratings Under Review
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01/29/2016
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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A.M. Best has placed under review with negative implications the issuer credit rating of American International Group Inc. and the financial strength ratings and ICRs of its insurance subsidiaries.
...Read More
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Ace Net Income Up 23% in Q4
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01/28/2016
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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Chubb Ltd. has reported that Ace Net's income for the fourth quarter is $683 million, up 23% from $555 million in the prior year’s quarter.
Net income for calendar year 2015 was $2.834 billion, down 0.7% from 2014 net income of $2.853 billion.
Net premiums writ...Read More
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AmTrust Acquires Pennsylvania's ARI Insurance
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01/27/2016
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State: PA | Segment: NORTH | 0 | Popular with Legal
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AmTrust Financial Services has completed the acquisition of Newtown, Pennsylvania-based ARI Insurance Co., AmTrust announced last week.
Terms of the deal were not disclosed.
ARI is one of the top 10 writers of commercial automobile insurance in New Jersey and has recently entered ...Read More
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Agency Reports Telephone Scam Targeting Elderly Residents
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01/26/2016
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State: MI | Segment: NORTH | 0 | Popular with Insurance
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The Michigan Workers' Compensation Agency posted an alert that it has received reports about a scam involving an imaginary workers' compensation agency.
"In each instance, an elderly person reported to us they received some communication advising them of a monetary amount the...Read More
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