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Workers' Compensation News


 
Airlines Target Comp in Effort to Reduce Costs 01/09/2003
State: Natl. | Segment: Top | 34 | 0
As the airline industry come s face to face with its financial woes, workers' compensation is a blame item on the two largest as they seek to cut costs.Widely reported yesterday, United Airline flight attendants accepted a pay cut, which the airline says will greatly reduce its soaring worke...Read More
 
 
AIA Welcomes Colorado Commissioner to Office 01/08/2003
State: Natl. | Segment: Top | 30 | 0
The American Insurance Association (AIA) issued a statement welcoming former Speaker of the House Doug Dean as commissioner of the Colorado Department of Insurance. "AIA and its member companies look forward to working with Speaker Dean in his new role as insurance commissioner," said Rona...Read More
 
 
AIA Welcomes Garamendi Back to Office 01/08/2003
State: Natl. | Segment: Top | 45 | 0
The American Insurance Association (AIA) issued a statement welcoming John Garamendi back to his former job as California insurance commissioner. "AIA and its member companies look forward to working with John Garamendi as he returns to his former job as California's insurance commissioner,...Read More
 
 
AAMPRO Closes NEA Deal 01/07/2003
State: Natl. | Segment: Top | 46 | 0
AAMPRO GROUP, Inc. (OTC Bulletin Board: TDSY) announced today that it acquired a competitor, National Employment Alternatives, Inc., a New Jersey based PEO or professional employer organization with approximately $4 million in annual revenue. The acquisition closed on December 26, 2002. The transact...Read More
 
 
ATLA Says Insurance to Blame for High Medical 01/03/2003
State: Natl. | Segment: Top | 32 | 0
Though directed towards the "medical malpractice crisis" and not workers' compensation, workcompcentral.com editors felt the following statement of Mary E. Alexander, President, Association of Trial Lawyers of America, of interest relative to issues concerning cost of medical care: "The...Read More
 
 
AFG Declares Quarterly Dividend 01/03/2003
State: Natl. | Segment: Top | 41 | 0
American Financial Group, Inc. (NYSE: AFG) announced that as of January 2, 2003 it declared a quarterly dividend of $0.12-1/2 per share of American Financial Group Common Stock. The dividend is payable on January 25, 2003 to holders of record on January 15, 2003. Through the operat...Read More
 
 
Acceptance Ins. Under Supervision in NB 01/02/2003
State: Natl. | Segment: Top | 50 | 0
On December 20, 2002, L. Tim Wagner, Director of the Nebraska Department of Insurance, issued an Order of Supervision and List of Requirements to Abate Supervision and Notice of Hearing, placing Acceptance Insurance Company under supervision. All claims are being adjusted and paid as usu...Read More
 
 
AIA Challenges LA Times on Retro Tax Article 01/02/2003
State: Natl. | Segment: Top | 42 | 0
Lamar Whitman, director of state and federal taxation for the Alliance of American Insurers, wrote the following letter to the editor of the Los Angeles Times. In it, he seeks to clarify several points in a Dec. 19 article the newspaper ran on a recent California Board of Equalization ruling that...Read More
 
 
AAI Issues Statement on CA Deductible Tax 12/23/2002
State: Natl. | Segment: Top | 43 | 0
Following the California Board of Equalization's denial of the Department of Insurance's retroactive tax on work comp deductibles, the Alliance of American Insurers released the following statement: Striking a blow for common sense, the California Board of Equalization (BOE) ruled Dec. 1...Read More
 
 
Administaff Closes $36M Financing 12/23/2002
State: Natl. | Segment: Top | 43 | 0
Administaff, Inc. (NYSE: ASF), a Professional Employer Organization (PEO), Friday announced the closing and funding of a $36 million mortgage with General Electric Capital Business Asset Funding Corporation. As previously announced, the new financing bears interest at a variable rate equal t...Read More
 
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