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Workers' Compensation News

Great American Declares $0.10 Annual Cash Dividend 11/17/2003
State: NA | Segment: Top | 35 | 0
Great American Financial Resources, Inc. (NYSE: GFR) has announced that its Board of Directors has declared an annual cash dividend of $.10 per common share. The dividend will be payable December 19, 2003 to holders of record at the close of business on December 5, 2003. GAFRI's...Read More
Garamendi Says 'Criminal Gangs' Responsible for Fraud 11/13/2003
State: CA | Segment: Top | 26 | 0
Last night a Los Angeles, CA, television news broadcast on NBC (local channel 4) regarding a Los Angeles County Grand Jury report on government spending, said worker's compensation fraud is costing the county millions, implying "criminal gangs" are responsible.Insurance Commissioner John Gar...Read More
GE ERC Names Don Mango Dir Research/Development 11/11/2003
State: NA | Segment: Top | 76 | 0
GE's Employers Reinsurance Corporation (ERC) yesterday named Don Mango Director of Research and Development. Mango's appointment underscores ERC's commitment to being an industry leader in advancing the science of risk analytics. Mango will lead the development of state-of-the-art c...Read More
Garamendi Lowers Pure Premium Rate 14.9% 11/07/2003
State: CA | Segment: Top | 390 | 0
California's Insurance Commissioner John Garamendi yesterday announced he has significantly lowered the advisory pure premium rate by 14.9%, effectively returning it to the July 2002 level.The reduction is three times what the Workers' Compensation Insurance Rating Bureau had recommended ear...Read More
Garamendi to Announce Rates, Reform Part 2 Today 11/06/2003
State: CA | Segment: Top | 163 | 0
California Insurance Commissioner John Garamendi will hold two press conferences today to announce a reduction in workers' compensation pure premium advisory rates for 2004.The DOI did not, in its press releases, state what the reduction would be, though earlier this week Garamendi took test...Read More
GatesMcDonald Adds Ohio PPO Service 11/04/2003
State: OH | Segment: Top | 154 | 0
GatesMcDonald HealthPlus announced yesterday that in coordination with their Intracorp partnership, they are now offering additional savings through the Ohio Comp Network (OCN), a workers' compensation preferred provider organization (PPO). A member of The Chandler Group of Managed Care Com...Read More
Garamendi to Hear Savings Testimony Today 11/03/2003
State: CA | Segment: Top | 119 | 0
California Insurance Commissioner, John Garamendi, will take testimony today from the Workers' Compensation Insurance Rating Bureau and Commission on Health and Safety and Workers' Compensation on the anticipated savings that recently signed "reform" legislation will bring to the state's workers' ...Read More
Great American Makes $100M 5 Yr Debt Offering 11/03/2003
State: NA | Segment: Top | 78 | 0
Great American Financial Resources, Inc. (NYSE: GFR) announced Friday the offering of $100 million of 7- 1/2% Senior Debentures due November 5, 2033 by its wholly-owned subsidiary, AAG Holding Company. The Company has granted the underwriters an option to purchase up to an additional $1...Read More
GatesMcDonald Accredited for Med Case Mgmt 10/31/2003
State: NA | Segment: Top | 248 | 0
GatesMcDonald HealthPlus announced yesterday that it has been awarded medical case management accreditation by the American Accreditation Health Care Commission (URAC). GatesMcDonald HealthPlus has set the standard in achieving URAC accreditation, even before the Ohio BWC required it...Read More
Garamendi Outlines Reform Phase II in Speech 10/23/2003
State: CA | Segment: Top | 510 | 0
Insurance Commissioner John Garamendi outlined the second phase of his "Garamendi Plan" for workers' compensation reform yesterday in a speech to the Los Angeles Treasurers Club, stating that he is going to ensure a reform of the PD rating system and will further his agenda of "24 hour" care, or uni...Read More
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