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Workers' Compensation News

Argonaut Announces Acquisition of Front Royal 05/09/2001
State: Natl. | Segment: Top | 56 | 0
Argonaut Group Inc. (the 'Argonaut') (Nasdaq:AGII) announced that it has signed an agreement to acquire Front Royal Inc., an insurance holding-company headquartered in Morrisville, N.C., for $165.0 million in cash. Argonaut anticipates the transaction will be accretive to earnings per shar...Read More
AFG Improving Results on Big Rate Increases 05/01/2001
State: Natl. | Segment: Top | 30 | 0
American Financial Group, Inc. (NYSE: AFG) announced in a press release reported net earnings from insurance businesses of $21.8 million ($.32 per share) for the first quarter of 2001 which is an improvement over fourth quarter 2000 results of $14.3 million ($.24 per share) and slightly exceeds anal...Read More
Argonaut: Quarterly Dividend, Board Changes 04/25/2001
State: Natl. | Segment: Top | 35 | 0
Argonaut Group, Inc. (Nasdaq: AGII) announced in a press release yesterday a regular quarterly cash dividend of $0.41 per common share, payable May 29 to shareholders of record May 15, 2001. At the Annual Meeting of Shareholders on 4/24/01, Mr. Jerrold Jerome announced his retirement as Ch...Read More
Appellate Court Rules No Subro Bad Faith 04/17/2001
State: Natl. | Segment: Top | 40 | 0
The First Appellate District Court yesterday issued its ruling in Michelle Hughes vs. Argonaut Insurance Co. ruling that an injured worker cannot sue the carrier in superior court for alleged mishandling of its lien on the claimant...Read More
Allstate Verdict of $8.2 Million Against Medical G 03/12/2001
State: Natl. | Segment: Top | 67 | 0
Though admittedly not a workers...Read More
Argonaut Announces Net Loss, Improved Outlook 02/02/2001
State: Natl. | Segment: Top | 55 | 0
Argonaut Group, Inc. (Nasdaq: AGII) has announced a consolidated net loss of $83.3 million ($3.77 per diluted common share) on total revenue of $209.9 million for the twelve months ended December 31, 2000, compared with a consolidated net loss of $15.2 million ($0.64 per diluted common share) on...Read More
Advise to Employers in Hard Market 01/16/2001
State: Natl. | Segment: Top | 42 | 0
The people at Claims Magazine have published an article to assist employers and risk managers deal with the inevitable dramatic increase in workers...Read More
Argonaut Buys HIH Rights 12/01/2000
State: Natl. | Segment: Top | 48 | 0
Argonaut Group, Inc. (Nasdaq: AGII) today announced in a press release that its principal subsidiary, Argonaut Insurance Company, has agreed to acquire the renewal rights and other tangible assets of the workers compensation business of HIH America Insurance Group ('HIH America') in the Southwes...Read More
Aetna Announces Alternative to SDI 11/29/2000
State: Natl. | Segment: Top | 43 | 0 | Popular with Legal
Aetna Inc. has announced the release of a self-insured alternative to the California's state disability program (SDI). Innovative Care Systems Inc. (ICS), a third-party administrator based in Torrance, Calif., will administer the voluntary short-term disability plan and it will be coordina...Read More
Alex Swedlow Named Exec. V.P. to CWCI 11/06/2000
State: Natl. | Segment: Top | 57 | 0 | Popular with Insurance
In a press release dated 11/2/00 the California Workers...Read More
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