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Workers' Compensation News

Atlantic Mutual Posts Positive 2Q, Improved $3.4M 08/20/2002
State: Natl. | Segment: Top | 22 | 0
Atlantic Mutual Companies (Atlantic) yesterday reported unaudited statutory financial results for the six months ended June 30, 2002. Statutory operating results, before realized gains on investments, interest expense on the surplus note and federal income taxes, were $1.5 million f...Read More
Atlantic American Posts 91% Increase for 2Q 08/19/2002
State: Natl. | Segment: Top | 75 | 0
Atlantic American Corporation (Nasdaq: AAME - News) last week announced pre-tax operating income for the second quarter of $1.45 million compared to the second quarter of 2001 of $0.2 million. For the first six months of 2002, pre-tax operating income increased 91% to $3.6 million from $1.9 million ...Read More
AIA Still Concerned About Fed Privacy Regs on WC 08/15/2002
State: Natl. | Segment: Top | 37 | 0
Modifications to a final medical privacy rule issued Aug. 9 by the U.S. Department of Health and Human Services (HHS) stopped short of resolving concerns that workers' compensation carriers and employers have with the rule's potential impact on the workers' compensation system, the American Insuranc...Read More
AAI Disappointed with CA Privacy Regulations 08/14/2002
State: Natl. | Segment: Top | 79 | 0
The Alliance of American Insurers has mixed feelings about the latest revised privacy regulation released by the California Department of Insurance. "While the California Department has taken some positive steps to make its privacy regulation more workable, it is still proposing a regula...Read More
Atlanta Work Comp 11 Times Greater than Others 08/12/2002
State: Natl. | Segment: Top | 28 | 0
Municipal workers' compensation woes are not isolated to Los Angeles, according to the Atlanta Journal and Constitution. The paper ran a story on 8/2 reporting that Atlanta's lost time rate for workers' compensation claims is 11 times greater than most other municipal governments, based on a report...Read More
Am Phys. Reports Loss for 2Q, but Comp Positive 08/09/2002
State: Natl. | Segment: Top | 29 | 0
American Physicians Capital, Inc. (APCapital) (Nasdaq: ACAP) today reported a net loss of ($2.7) million, or ($.28) per diluted share for the second quarter of 2002, compared to net income of $4.4 million, or $.38 per diluted share for the second quarter of 2001. Net operating loss was ($.28) pe...Read More
AON Shares Plunge on Flat Earnings, SEC Probe 08/08/2002
State: Natl. | Segment: Top | 35 | 0
Aon Corp.'s share price plunged 30% yesterday as the company reported its quarterly financial results, scrapped a spinoff of its underwriting unit, and disclosed that it may be required by the U.S. Securities and Exchange Commission to restate some prior-year earnings figures. Patrick G. Rya...Read More
Argonaut Net Income Up $4.2M for 2Q 08/07/2002
State: Natl. | Segment: Top | 26 | 0
Argonaut Group, Inc. (Nasdaq:AGII) yesterday announced financial results for the three- and six-month periods ended June 30, 2002. Additionally, the company's Board of Directors has declared a regular quarterly cash dividend of $0.15 per common share, payable Sept. 4, 2002 to shareholders ...Read More
AZ ICA Dischargeable in Bankruptcy 07/31/2002
State: Natl. | Segment: Top | 80 | 0 | Popular with Legal
The Federal Court of Appeals for the 9th Circuit has ruled the Industrial Commission of Arizona (ICA) can be discharged as a debtor where an employer has filed bankruptcy and the ICA sought reimbursement through the bankruptcy proceedings thereby waiving its sovereign immunity. In State of...Read More
AMCOMP Report on Mental Injuries Impact 07/29/2002
State: Natl. | Segment: Top | 65 | 0
In the wake of the September 11, 2001 attack on the World Trade Center in New York City, The American Society of Workers' Comp Professionals, Inc. (AMCOMP) assembled the Workers Compensation Mental Stress Council to study the impact of stress claims on the Insurance Industry. According t...Read More
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