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Workers' Compensation News

Fremont General Benchmark Report Available 11/14/2002
State: Natl. | Segment: Top | 94 | 0
ICON Group International, Ltd. published yesterday two of the most comprehensive studies to date on labor productivity and vertical gap analysis benchmarks for Fremont General Corporation (NYSE:FMT). The methodologist for this unique study is Philip Parker, Eli Lilly Chair Professor of Inn...Read More
FL Rejects NCCI Rates, Approves 11.9% Increase 11/14/2002
State: Natl. | Segment: Top | 47 | 0
Florida Treasurer and Insurance Commissioner Tom Gallagher yesterday announced that workers' compensation premiums may rise by an average of 15 percent next year for many Florida employers, with some employer groups paying as much as a 42 percent rate increase. Gallagher is recommending ...Read More
Financial Keyosk Adds Carriers to Network 11/14/2002
State: Natl. | Segment: Top | 45 | 0
Continuing its mission to provide insurance buyers with greater choice, Financial Keyosk has added ten new carriers to the ranks of its product partners. The new signers broaden Financial Keyosk's product offerings in the Life and Health/Benefits markets. Financial Keyosk added four promin...Read More
Fitch Ratings on Everest Re: BBB+, Stable 11/12/2002
State: Natl. | Segment: Top | 107 | 0
Fitch Ratings yesterday assigned a 'BBB+' trust preferred rating to Everest Reinsurance Holdings, Inc (Everest Holdings)'s $200 million 7.85% trust preferred securities, due November 15, 2032. The Rating Outlook is Stable. As noted in Fitch's recent rating affirmation of Everest Holdings, ...Read More
Fraudulent Claimant Done In by Ex-Wife 11/11/2002
State: Natl. | Segment: Top | 55 | 0
Ogden, Utah resident Robert Paul Martinez, 30, received a 180 day jail sentence for workers' compensation insurance fraud. According to a report in Insurance Journal, Martinez was sentenced to serve one to 15 years in the Utah State Prison, which sentence is suspended on the condition that ...Read More
FL DOI Urges Liquidation of Aries 11/11/2002
State: Natl. | Segment: Top | 49 | 0
Florida State Treasurer and Insurance Commissioner Tom Gallagher is urging Aries Insurance Company to consent to liquidation after an arbitration panel ruled that the company is deeper in debt than operators originally represented. An arbitration panel ...Read More
FL Sup Crt May Change to House Counsel Rule 11/11/2002
State: Natl. | Segment: Top | 53 | 0
The Florida Supreme Court Thursday heard oral argument concerning a proposed amendment to Rule 4.7.10 regulating members of the Florida Bar. The proposed rule amendment was recommended by the "Special Commission On Insurance Practices II" and relates to "Firm Names and Letterhead". The rep...Read More
Forbes Says Terrorism Bill Likely to be Law 11/08/2002
State: Natl. | Segment: Top | 65 | 0
Terrorism insurance legislation will probably become law during next week's lame duck Congress predicts financial publication Forbes. According to the magazine's web site, President George W. Bush confirmed at a White House press conference yesterday afternoon that the legislation is one of ...Read More
Fitch Affirms Ohio Casualty Debt Ratings 11/06/2002
State: Natl. | Segment: Top | 60 | 0 | Popular with Legal
Fitch Ratings has affirmed the 'BBB-' senior debt rating and 'BBB-' long-term issuer rating of Ohio Casualty Corporation (Ohio Casualty). The Rating Outlook is Stable. The rating reflects Ohio Casualty's increased strategic focus on underwriting, improving accident year underwriting result...Read More
Final Texas Form TWCC-66a Issued for Pharmacies 11/05/2002
State: Natl. | Segment: Top | 68 | 0
With the adoption of Rule 134.501, the Commission now issues a final Form TWCC-66a (dated 01/01/03 in the lower left corner), which replaces forms currently in use. This new form is required beginning January 1, 2003,...Read More
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