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Workers' Compensation News

ACS Wins Ohio BWC Pharmacy Mgmt. Contract 06/18/2002
State: Natl. | Segment: Top | 74 | 0
ACS (NYSE: ACS), a provider of business process and information technology outsourcing, announced yesterday that it has been awarded a one-year contract with the Ohio Bureau of Workers' Compensation (BWC) to provide pharmacy benefit management (PBM) services. The contract is valued at $4.5 million i...Read More
AIG Chief Takes Fed Backstop to Public 06/06/2002
State: Natl. | Segment: Top | 27 | 0
AIG Chief Executive Maurice Greenberg has authored an editorial published in the Washington Post yesterday, stating his case for the need of Federal Terrorism Backstop legislation if workers...Read More
AAI Supports Recent Progress on Terrorism Bill 06/04/2002
State: Natl. | Segment: Top | 25 | 0
The Alliance of American Insurers characterized recent Administration efforts on terrorism insurance as encouraging and called for renewed Senate efforts to create a bipartisan terrorism insurance bill. "We are glad to see such a high level of interest on the part of both parties," said ...Read More
AIA Says CA Disclosure Bill Flawed 06/04/2002
State: Natl. | Segment: Top | 20 | 0
A measure approved by the California State Senate is based on a flawed premise and will discourage charitable giving by insurance companies, says the American Insurance Association (AIA). "This bill is based on the faulty assumption that insurers should be regulated at the state level, in ...Read More
AAI Challenges Consumer Group on Fed Backstop 05/31/2002
State: Natl. | Segment: Top | 29 | 0
The Alliance of American Insurers said that a recent letter on terrorism insurance sent by the Consumer Federation of America (CFA) to Senate Majority Leader Tom Daschle cited incomplete statistics and was misleading in its conclusions. "The CFA has inaccurately characterized the insuran...Read More
Alliant Buys Affinity - Native AM Specialty Firm 05/31/2002
State: Natl. | Segment: Top | 22 | 0 | Popular with Legal
Adding a specialty capability to its national operations, Alliant Resources Group, Inc. (Alliant), yesterday announced the acquisition of California-based Affinity Insurance Services, LLC (Affinity), a full-service property and casualty agency focusing in property, liability and workers compensation...Read More
Alliance Protests CA Privacy Proposal 05/30/2002
State: Natl. | Segment: Top | 25 | 0
The Alliance of American Insurers is expressing disappointment with revised privacy regulations from the California Department of Insurance. "The California Department has ignored ample legal and public policy testimony, and persists in seeking adoption of a privacy regulation that conflicts with bo...Read More
Arkansas Sees 8th Year of Cost Decline 05/29/2002
State: Natl. | Segment: Top | 28 | 0
Arkansas State Insurance Commissioner Mike Pickens announced last week a 4.5% overall loss cost decrease in the workers' compensation "voluntary" insurance market. This is the eight (8th) consecutive year in which loss costs have dropped, and contributes to a 44.5% decline over the past seven (7) ye...Read More
Argonaut Settles Policy Holder Suit 05/28/2002
State: Natl. | Segment: Top | 22 | 0
According to the San Antonio Express-News on 5/23, Argonaut Group of San Antonio, NM, has offered up to $3 million to settle a lawsuit regarding potential errors in data processing of workers...Read More
Atlantic Mutual Posts $7.2M Net for 1Q - 02 05/21/2002
State: Natl. | Segment: Top | 24 | 0
Atlantic Mutual Companies (Atlantic) today reported that statutory operating results, before realized gains on investments, interest expense on the surplus note and federal income taxes, were $7.2 million for the first quarter of 2002, an improvement of $8.5 million over the same period in 2001....Read More
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