General Electric, parent company of Employers Reinsurance Company, on Friday released 4th quarter and preliminary 2002 earnings. In the press release, the company decried the performance of its reinsurance business. While the parent company achieved a record $15.1 billion in earnings in 200...Read More
In a strategic move that is expected to
change the way insurance companies around the globe evaluate their operations,
GAB Robins Group of Companies, one of the world's leading claims services
firms, has formed GAB Robins Capital Partners Consulting Group and appointed
Michael Flaharty, Managing...Read More
The Insurance Chronicle yesterday reported a legislative attempt in Missouri by business lobbyists to change "a" to a "the" in the statute that defines what a work place injury is.Present Missouri law provides that a compensable injury is one where work is "a" major factor contributing to an...Read More
San Jose Mercury News on Monday ran excerpts from a recent interview with California's new Insurance Commissioner, John Garamendi. In the interview, Garamendi says that one of his primary goals while in office is to bring universal health care to Californians, stating "I am going to drive health car...Read More
GUARD Insurance Group, a workers' compensation specialist based in Wilkes-Barre, Pennsylvania, and its subsidiaries -- AmGUARD, EastGUARD, and NorGUARD -- received an A.M. Best rating upgrade to A- ("Excellent") with a "stable outlook" in December of 2002.
In developing the rationale for G...Read More
The Federal General Accounting Office has released a report concluding that the the Labor Department's data on US Postal Service workers' compensation claims is unreliable.Stating that Labor's Office of Workers' Compensation Programs (OWCP) needs to find a better way to track whether it pay...Read More
Calif. Insurance Commissioner-Elect John Garamendi will be sworn in to office by outgoing Commissioner Harry Low today in a ceremony at the Assembly Chambers California Capitol Building at 9:30 a.m. Commissioner-Elect Garamendi will be serving as California's third elected insurance commissi...Read More
California Insurance Commissioner-Elect John Garamendi is creating two advisory teams to assist in formulating solutions to California's various insurance issues, and in particular workers' compensation. One team will be composed of insurance industry representatives. The other team will be ...Read More
Gevity HR(R) (Nasdaq: GVHR) has announced that it has selected Robert Minkhorst as its Senior Vice President of Marketing and Sales.
Minkhorst has over 30 years of marketing and sales experience in senior leadership positions with Royal Philips Electronics N.V. Most recently, he was the Ch...Read More
A.M. Best, in their BestWire publication, interviewed new California Insurance Commissioner, John Garamendi, at the recent National Association of Insurance Commissioners' Winter National Meeting in San Diego. The difficult workers' compensation system is one of Garmendi's top priorities. Ga...Read More