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Workers' Compensation News

Garamendi Likes Move of Bills to Conference 07/10/2003
State: Natl. | Segment: Top | 32 | 0
Insurance Commissioner John Garamendi commended lawmakers today for moving workers' compensation bills into a Legislative Conference Committee, and consequently moving the reform of the system closer to passage. The Senate Labor and Industrial Relations Committee a...Read More
Garamendi Appoints Baum Chief Deputy Ins. Comm. 07/08/2003
State: Natl. | Segment: Top | 49 | 0
Insurance Commissioner John Garamendi announced yesterday the appointment of Richard D. Baum as Chief Deputy Insurance Commissioner of the California Department of Insurance (CDI). Baum, who held the same title during Garamendi's first term as Commissioner, will assume the position on July 21....Read More
Gregory Fills Vacancy on S.C. WC Commission 07/08/2003
State: Natl. | Segment: Top | 43 | 0
The Associated Press reported yesterday that attorney Harry B. Gregory, partner and shareholder of Columbia-based Tally & Gregory, LLC, will succeed Holly Saleeby Atkins on the seven-member South Carolina Workers' Compensation Commission. The vacancy was created by Atkins' resignation. ...Read More
Guaranty Funds Sue PN Comm re Reliance $$ 07/07/2003
State: Natl. | Segment: Top | 131 | 0
The aftermath of the Reliance Insurance Co. meltdown progressed last week when a consortium of 25 state guaranty gunds filed suit against Pennsylvania Insurance Commissioner, Diane Koken, seeking exclusive rights to policyholder reimbursements for claims paid by the funds under the large-deductible ...Read More
Garamendi Publishes OpEd Pushing Reform Plan 07/02/2003
State: Natl. | Segment: Top | 89 | 0
California Insurance Commissioner, John Garamendi, wrote an Opinion Editorial for the Ventura County Star in which he recounts stories he has heard from various employers as he toured the state in his campaign for workers' compensation reform. Garmendi put quotes of various constiutents in h...Read More
Group Starts Ad Blitz vs. Hatch Asbestos Plan 06/23/2003
State: Natl. | Segment: Top | 46 | 0
On behalf of asbestos victims nationwide, USAction Friday urged members of the Senate Judiciary Committee to reject a proposal to substitute a trust fund for current and future litigation. Sponsored by Judiciary Committee Chairman Orrin Hatch, (R-Utah), USAction said the current versio...Read More
Goldman Sachs Downgrades Swiss Re Stock 06/20/2003
State: Natl. | Segment: Top | 92 | 0
Reuters news service reports that Goldman Sachs on Thursday cut its recommendation for shares in Swiss Re (RUKZn.VX).Swiss Re, the world's number two reinsurer, was downgraded to an "underperform" from "in-line", which means that the stock was expensive relative to the sector.Recent ...Read More
Global Warming Threat Here Now Says SwissRe 06/19/2003
State: Natl. | Segment: Top | 91 | 0
Far from being a hypothetical concern for future generations, global warming already is a front-burner issue in the public health and financial sectors (particularly the insurance industry), according to a briefing delivered yesterday on Capitol Hill by experts from the Harvard Medical School and Sw...Read More
Greenland Corp Wins $3.9M vs. Financiers 06/19/2003
State: Natl. | Segment: Top | 64 | 0
Professional Employer Organization operator, Greenland Corporation (OTC Bulletin Board: GRLC), announced yesterday that a judgment in the Superior Court of the State of California, County of San Diego, was entered on June 5, 2003, against defendants ISAAC CHANG, INTELLI-CORP, and INTELLIGROUP in the...Read More
Guidewire's ClaimCenter Used by CNA, Hastings 06/17/2003
State: Natl. | Segment: Top | 115 | 0
Guidewire Software, a provider of claims software to property and casualty insurers, announced yesterday that both CNA and Hastings Mutual Insurance Company, have selected Guidewire ClaimCenter software to provide the technological cornerstone of enterprise-wide initiatives to enhance their c...Read More
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