The Hawaii Insurance Division has released the following press release concerning the workers' compensation rate approval reported in workcompcentral on 12/03/02:Agreeing with Insurance Commis...Read More
Earlier this year, Acting Insurance Commissioner Harry Low, unilaterally approved a premium tax on the deductible portion for employers who held a large deductible policy from 1997 going forward. This decision reversed a prior order by the former Insurance Commissioner that these reimbursements to ...Read More
The National Council on Compensation Insurance (NCCI), apparently agreeing with Hawaii Insurance Commissioner Wayne Metcalf, has amended its request for an increase in workers' compensation rates to 8 percent. On November 1 Metcalf denied NCCI's request for a 15.8% loss cost workers' compen...Read More
Health Net, Inc. (NYSE:HNT) announced Friday that it completed the enrollment of more than 6,500 of its California-based employees in a state-certified Health Care Organization (HCO) that provides medical care for workers injured on the job.
Operated by Health Net's Employer and Occupation...Read More
In his noon address to the Hawaii Captive
Insurance Council at the Ala Moana Hotel, Insurance Commissioner Wayne Metcalf
today announced that Hawaii's captive insurance industry is well-positioned for the
challenges of the future.
"The captive insurance industry in Hawaii is well-pos...Read More
The Hartford Financial Services Group, Inc., and the U.S. Small Business Administration have teamed up to provide state-of-the-art risk management educational materials and online interactive tools and training for small business owners. Materials developed by The Hartford's loss control experts are...Read More
Standard & Poor's Ratings Services said yesterday that it has assigned its 'R' financial strength rating to HIH America Insurance Co. of Hawaii Inc. (HIH Hawaii) because of the company's insolvency and ongoing liquidation.
The State Insurance Commissioner of Hawaii officially declared HIH ...Read More
Insurance Company and Penn Mutual Insurance Company have reached an agreement,
subject to the approval of the Pennsylvania Insurance Department, whereby
Harleysville Mutual will acquire Penn Mutual's operations. Harleysville
Mutual owns 56 percent of Harleysville Group Inc. ...Read More
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The U.S. 3rd Circuit Court of Appeals ruled last week that the exclusive remedy provisions of the US Virgin Islands workers' compensation law does not prohibit a suit by an injured employee of an independent contractor against the hirer of the that contractor, rejecting application of the peculiar r...Read More
HCC Insurance Holdings, Inc.
(NYSE: HCC) announced Friday that Michael A.F. Roberts has been appointed to
the Board of Directors at its November 21, 2002 meeting. In addition,
Mr. Roberts will serve as a member of the Company's Nominating and Corporate
Governance Committee, as well as its Compe...Read More