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Workers' Compensation News

Donegal Stock Sale Priced at $18.25/share 11/26/2003
State: NA | Segment: Top | 67 | 0
Donegal Group Inc. (Nasdaq: DGICA, DGICB) announced that its public offering of 3,000,000 shares of Class A common stock at a price of $18.25 per share has commenced and delivery of the shares is expected to take place on December 1, 2003. The registration statement relating to the offe...Read More
Delphi Approves Management Changes, Stock Split 11/25/2003
State: NA | Segment: Top | 109 | 0
Delphi Financial Group, Inc. (NYSE: DFG) yesterday announced that its Board of Directors has approved a 3-for-2 common stock split and a 50% increase in the Company's regular cash dividend to $.12 per share on a pre-split basis. The stock split will be in the form of a stock dividend...Read More
DWC Audit Report Released, Provides Fuel to Fire 11/20/2003
State: CA | Segment: Top | 588 | 0 | Popular with Legal
The California Division of Workers' Compensation (DWC) has published its thirteenth annual workers' compensation audit report that summarizes the accomplishments of the Audit Unit of the DWC for all audits commencing during calendar year 2002. The report details surprisingly significant failures and...Read More
Despite Revenue, RemedyTemp Has 4Q Net Loss 11/20/2003
State: NA | Segment: Top | 63 | 0
RemedyTemp Inc. (Nasdaq:REMX), which operates as Remedy Intelligent Staffing(R), RemX(R) Financial Staffing and RemX(R) IT Staffing, yesterday reported results for its fourth fiscal quarter and fiscal year ended Sept. 28, 2003. For the 2003 fourth quarter, revenue advanced 0.9% to $126.5 mi...Read More
Delphi Given 'bbb-' Rating by AM Best, Outlook Positive 11/20/2003
State: NA | Segment: Top | 149 | 0
A.M. Best Co. has assigned a "bbb-" rating to the existing senior debt of Delphi Financial Group, Inc. [NYSE: DFG] (New York, NY) and a "bb+" rating to the capital securities issued by Delphi Funding L.L.C. Additionally, A.M. Best has affirmed the financial strength ratings of A- (Excellent)...Read More
Derderians Appeal Fine to RI High Court 11/13/2003
State: RI | Segment: Top | 93 | 0
The Derderian brothers, Jeffrey and Michael, and their company, Derco LLC, owners of The Station nightclub in Rhode Island which burned to the ground during a concert in February killing 100, including 6 employees, have appealed the million dollar fine against them to the state's highest court....Read More
Davis Appoints 3 to SCIF Board 11/07/2003
State: CA | Segment: Top | 136 | 0
Outgoing California Governor Gray Davis made appointments to the Board of Directors of State Compensation Insurance Fund yesterday, failing to heed incoming Governor Arnold Schwarzenegger's request that no gubernatorial appointments be made during the transition of the office.Reappointed to ...Read More
Despite Losses, Near 100% 3Q Gain for Endurance 11/05/2003
State: NA | Segment: Top | 72 | 0
Endurance Specialty Holdings Ltd. (NYSE:ENH), yesterday reported third quarter 2003 net income of $56.5 million or $0.83 per diluted share versus net income of $28.9 million or $0.48 per diluted share in the third quarter of 2002. In the third quarter of 2003, operating income, which exclude...Read More
Deadline Approaching for Aries Claims Submission 11/04/2003
State: FL | Segment: Top | 108 | 0
The Florida Department of Financial Services has announced that the statute of limitations is running on claims to be made against defunct Aries Insurance Company must be submitted by November 14. Aries Insurance Company was placed into liquidation on November 14, 2002. The Florida Departme...Read More
Donegal Group to Buy Peninsula Insurance Group 10/31/2003
State: NA | Segment: Top | 94 | 0
Donegal Group Inc. (Nasdaq: DGICA, DGICB) yesterday reported that it had agreed to acquire all of the outstanding capital stock of the Peninsula Insurance Group from Folksamerica Reinsurance Company. The acquisition is subject to approval by the Insurance Commissioner of the State of Maryland a...Read More
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