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Workers' Compensation News

Best Lowers Rating on Kemper to B+ 01/02/2003
State: Natl. | Segment: Top | 59 | 0
A.M. Best Co. has lowered the financial strength rating to B+ (Very Good) from A- (Excellent) of the participants in the Kemper Insurance Companies intercompany pool, Long Grove, Ill. In addition, A.M. Best has lowered the rating of the surplus notes issued by Lumbermens Mutual Casualty...Read More
Best Affirms Odyssey Re Ratings 12/23/2002
State: Natl. | Segment: Top | 84 | 0
A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Odyssey Re Holdings Corporation's (Odyssey Re) [NYSE: ORH] (New York) reinsurance and insurance subsidiaries. These ratings apply to Odyssey America Reinsurance Corporation (Connecticut), Odyssey Reinsurance Co...Read More
Blue Cross Division Gets CA HCO Certification 12/20/2002
State: Natl. | Segment: Top | 84 | 0
The California Department of Industrial Relations Division of Workers' Compensation (DWC) certified the state's newest health care organization (HCO), BC Life and Health Insurance Company--an affiliate of Blue Cross of California--offering employers and insurers an alternative to medical treatment f...Read More
Boxer Cleared on Malpractice Charges 12/20/2002
State: Natl. | Segment: Top | 81 | 0
Stewart Boxer, the husband of U.S. Sen. Barbara Boxer and a workers' compensation attorney, and his associate John Anton, received a jury verdict in their favor Wednesday.Boxer and Anton had ...Read More
Bank Fraud Leads to WC Fraud Arrest of CA Man 12/19/2002
State: Natl. | Segment: Top | 234 | 0
An El Dorado Hills resident was arrested as a result of an investigation by the California Department of Insurance Criminal Investigations Branch's Fraud Division. Charles David Littlejohn, 46, AKA Charles Brewer, was arrested at his El Dorado Hills home this morning on an outstanding war...Read More
Best Affirms A Rating for Zurich & Subsidiaries 12/19/2002
State: Natl. | Segment: Top | 123 | 0
A.M. Best Co. has affirmed the A (Excellent) financial strength ratings of Zurich Financial Services Group (ZFS) and its core operating subsidiaries. At the same time A.M. Best has affirmed the "a" and "a-" ratings on the senior and subordinated debt instruments issued or guaranteed by Zu...Read More
Best Puts TIG Rating Under Review Pending Deal 12/18/2002
State: Natl. | Segment: Top | 59 | 0
A.M. Best Co. has placed the financial strength ratings of B++ (Very Good) of Fairfax's TIG Insurance Group (TIG) (Dallas) and Ranger Insurance Group, (Delaware) under review with developing implications. Concurrently, A.M. Best has placed the financial strength rating of A- (Excellent)...Read More
Boxer Defending Malpractice Suit 12/16/2002
State: Natl. | Segment: Top | 82 | 0
The Oakland Tribune reported Friday that the lawyer husband of Sen. Barbara Boxer testified in an Oakland courtroom Thursday to refute charges that he and a colleague committed malpractice in the settlement of a work comp case for a building inspector who fell on the job while examining a home rebui...Read More
Burton Launches Tenet Investigation on Comp Bills 12/13/2002
State: Natl. | Segment: Top | 95 | 0
California State Senate President Pro Tempore John Burton, D-San Francisco, asked the Senate Labor and Industrial Relations Committee on Wednesday to investigate allegations by a nurses' union th...Read More
Bridium Buys Work Comp Unit of Fair Isaac 12/09/2002
State: Natl. | Segment: Top | 168 | 0
Bridium, a software provider of solutions to the insurance industry, announced Friday that it has acquired the workers' compensation Connectivity Business Unit of Fair, Isaac and Company, Incorporated. The transaction brings Bridium numerous new customers and enables Bridium to provide a c...Read More
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