Workers' Compensation News
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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.
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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.
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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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Acuity Announces Workers' Comp Staff Promotions
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01/26/2016
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State: WI | Segment: NORTH | 0 | Popular with Insurance
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Acuity, a property and casualty insurance company based in Sheboygan, Wisconsin, has announced several promotions at its corporate headquarters.
Ashley Nesemann, who joined the company in 2008 as a commercial processor, has been promoted to workers’ compensation claims representativ...Read More
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Alleged Procedural Deficiencies in Stahl Case Are 'Non-Issue,' Claimant
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01/21/2016
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Source: WorkCompCentral
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State: FL | Segment: SOUTH | 0 | Popular with Legal
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The injured worker challenging the constitutionality of the Florida comp system on Tuesday told the Florida Supreme Court that the alleged procedural problems with his case are "a non-issue" that shouldn't prevent the court from considering the merits of his arguments.
...Read More
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