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Workers' Compensation News


 
Gainsco Gets Notice from NYSE 03/06/2002
State: Natl. | Segment: Top | 27 | 0
GAINSCO, INC. (NYSE: GNA) today announced that it has received formal notice from the New York Stock Exchange ('NYSE') that GAINSCO is 'below criteria' for NYSE continued listing standards requiring total market capitalization of not less than $50 million over a 30 trading day period and stockho...Read More
 
 
Going & Coming Ruled in Favor of Farm Workers 03/04/2002
State: Natl. | Segment: Top | 83 | 0 | Popular with Insurance
On August 9, 1999 13 tomato pickers killed and 2 seriously injured in a crash returning home from a day of work. On Friday the WCAB issued a decision awarding death benefits to the dependents of those killed and benefits to the 2 survivors, ruling that the situation was exempt from the going and com...Read More
 
 
Garamendi Return Insurance Donations 02/22/2002
State: Natl. | Segment: Top | 158 | 0
The San Francisco Chronicle reports that California Insurance Commissioner candidate John Garamendi announced that he returned $20,000 in political donations that he claimed he erroneously received from insurance concerns in two previous campaigns. Garamendi had run for governor of California i...Read More
 
 
Gallagher 4Q Increase in Revenue and Net 01/24/2002
State: Natl. | Segment: Top | 53 | 0
Arthur J. Gallagher & Co. (NYSE: AJG) announced its financial results for the fourth quarter and twelve months ended December 31, 2001 with an increase in total revenues as well as net earnings. AJG announced that for the twelve months ended December 31, 2001, total revenues were $910,043,000, ...Read More
 
 
Guard Insurance Names New Exec VP 01/08/2002
State: Natl. | Segment: Top | 93 | 0
Guard Insurance Group, a workers' compensation specialist based on Wilkes-Barre, Pa., has named Rich Zatorski executive vice president of insurance operations. In his new role, Zatorski is responsible for the overall profitability of the company and has direct authority over underwriting, pricing, s...Read More
 
 
Golden Eagle Helps Break $120K Comp Fraud 11/16/2001
State: Natl. | Segment: Top | 84 | 0
A Fresno, California, man was arraigned yesterday on insurance fraud charges. Three arrest warrants were served on Alexander Martinez, AKA Luis Leiva, including a 'No Bail' warrant from Fresno County for a probation violation from a previous conviction for Workers' Compensation Fraud. The other two ...Read More
 
 
Golden Eagle Suit Against CA DOI 11/09/2001
State: Natl. | Segment: Top | 65 | 0
Industry sources have recently reported in the media that Golden Eagle Insurance Corp. has sued the California Department of Insurance (DOI) for $260 million. The suit alleges that the DOI has failed to pay Golden Eagle for claims administration services and that Golden Eagle was not paid ev...Read More
 
 
General & Cologne Re Apologize to IOA in Ad 05/25/2001
State: Natl. | Segment: Top | 68 | 0
General & Cologne Life Re of America (formerly Cologne Life Reinsurance Co.) has published a 'corrective advertisement' post arbitration loss, to say it regrets any damage done when it tried to break a contract with IOA Re, a managing general underwriter that wrote workers' compensation carve-out re...Read More
 
 
Gallagher Bassett Announces Web Services 05/02/2001
State: Natl. | Segment: Top | 76 | 0
Gallagher Bassett Services, Inc. (GBS) has announced several new electronic commerce products based on a new web site and internet based data reporting tools. At www.mygbclaim.com, injured employees and providers can gain direct, online access to check status and payment information around...Read More
 
 
GE's Employers Re Relaunces CyberComp 04/02/2001
State: Natl. | Segment: Top | 66 | 0
Employers Reinsurance Corporation (ERC), a GE (NYSE: GE) company, has announced the acquisition and reactivation of CyberComp, an online system that quotes and binds workers' compensation policies. This move was through ERC's subsidiary Westport Insurance Corporation. Prior to the acquisition,...Read More
 
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