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Workers' Compensation News

Bill Review Co. Gets Microsoft Award 08/09/2002
State: Natl. | Segment: Top | 54 | 0
Software publisher Microsoft Corporation has bestowed on workers' compensation medical bill review company, At Global, Inc., an award as winner of its Microsoft .NET Best Awards.The Microsoft .NET Best Awards is a relatively new competition initiated by Microsoft to recognize XML Web service...Read More
Best Reports 7.8% Premium Increase, Still Trouble 07/29/2002
State: Natl. | Segment: Top | 99 | 0
The property/casualty industry reported a 7.8% increase in net premiums written and a 3.9-point improvement in the combined ratio for the first quarter of 2002 compared with the first quarter of 2001, according to the special report, "P/C Premium Growth Solid in First Quarter," recently released by ...Read More
Brown & Brown - 55% Increase on Flat WC Pricing 07/11/2002
State: Natl. | Segment: Top | 79 | 0
Brown & Brown, Inc. (NYSE: BRO), ranked by Business Insurance magazine as the nation's eighth largest independent insurance intermediary organization, announced net income for the second quarter of 2002 of $21,401,000, or $0.31 per share, an earnings per share increase of 55.0% over the $12,420,000,...Read More
Builders Celebrates 10th Anniversary of Comp 07/09/2002
State: Natl. | Segment: Top | 81 | 0
Builders Insurance Group announced today that July marks the 10th year anniversary of its Home Builders Association of Georgia (HBAG) endorsed workers' compensation program. This milestone marks the achievement of a vision that began 10 years ago when the founders of the company set out to...Read More
Brokers, Carriers Take Sides in SCIF/DOI Debate 06/10/2002
State: Natl. | Segment: Top | 45 | 0
California Insurance Commissioner Harry Low's letter to State Compensation Insurance Fund which was made public last week has brokers and agents siding with SCIF, but this position is opposite that taken by the state...Read More
Best Affirms Ratings on Sierra Health 06/05/2002
State: Natl. | Segment: Top | 60 | 0
A.M. Best Co. has affirmed the financial strength ratings of B (Fair) for Health Plan of Nevada, Inc., Sierra Health and Life Insurance Company, Inc., and Sierra Insurance Group, the regulated subsidiaries of Sierra Health Services, Inc. (Sierra) [NYSE: SIE], Las Vegas. The outlook is positive. Sier...Read More
Best Says CA Center of Privacy Law Attention 05/10/2002
State: Natl. | Segment: Top | 39 | 0
According to A.M. Best, California is the center of attention as states start rolling out privacy laws more strict than the the Gramm-Leach-Bliley Act of 1999. None of the various financial privacy proposals that have been proposed in California over the past two years have passed. Howev...Read More
Best Lowers Kemper Rating to A- 05/08/2002
State: Natl. | Segment: Top | 42 | 0
A.M. Best Co. has lowered the financial strength rating to A- (Excellent) from A (Excellent) of the Kemper Insurance Cos., Long Grove, Ill. Simultaneously, it has assigned a "bbb-" rating to the surplus notes issued by Lumbermens Mutual Casualty Co., the lead member of the group. Best sa...Read More
Best Withdraws SCIF Rating at Company Request 05/02/2002
State: Natl. | Segment: Top | 86 | 0
In a very brief press release, A.M. Best Co. announced that it has withdrawn the financial strength rating of B- (Fair) of State Compensation Insurance Fund of California (SCIF), San Francisco, (which it assigned on Tuesday, 5/1/02) and assigned it an NR-4 (Company Request). Best simply ...Read More
Bariatrics Causing Hospitals Pain, Increased Comp 05/02/2002
State: Natl. | Segment: Top | 57 | 0
The Wall Street Journal ran a story yesterday on the front page of section B reviewing ...Read More
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