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Workers' Compensation News

IL Construction Pool Gets AM Best A- Rating 12/11/2002
State: Natl. | Segment: Top | 32 | 0
A.M. Best Co. has assigned an initial financial strength rating of A- (Excellent) to The Risk Management Association of the Residential Construction Employers Council (RMA/RCEC) (Oak Brook, IL). The rating outlook is stable. This rating reflects RMA/RCEC's solid risk-adjusted capitalizati...Read More
Insurance Through AIM May Not be Good 12/06/2002
State: Natl. | Segment: Top | 84 | 0
Insurance Commissioner Carroll Fisher yesterday warned Oklahoma employers that they might have non-existent workers' compensation policies after it was learned a series of unauthorized certificates were issued in the name of Realm National Insurance Co. American Insurance Managers of Atl...Read More
ISO Files Terror Forms with All States 12/05/2002
State: Natl. | Segment: Top | 110 | 0
Insurance Services Office, Inc. (ISO) yesterday filed with all state insurance regulators the commercial insurance policy forms carriers can use to sell terrorism coverage. The new ISO-developed forms contain standardized policy contract language for underwriting terrorism coverage in existing polic...Read More
ISO Buys Criminal Record Database 12/05/2002
State: Natl. | Segment: Top | 95 | 0
Insurance Services Office, Inc. (ISO) has acquired IntelliCorp, Ltd., a nationwide provider of criminal records, motor vehicle reports and other public documents. Terms were not disclosed. With a database of over 70 million criminal records accessible via the Internet, the Solon, Ohio, fir...Read More
InsuranceNoodle and IMMS Strike Marketing Deal 12/03/2002
State: Natl. | Segment: Top | 89 | 0
InsuranceNoodle announced yesterday it has reached an agreement with Insurance Marketing and Management Services (IMMS) to provide agency members of the Los Angeles-based insurance and financial services marketing organization with online access to information, comparative quotes from major carriers...Read More
ISO to File Policy Forms and Rates re Terror Act 11/26/2002
State: Natl. | Segment: Top | 64 | 0
Insurance Services Office, Inc. (ISO) will file commercial lines policy forms and rating information in response to the Terrorism Risk Insurance Act of 2002 passed by Congress. The law provides financial backing by the federal government for insurance losses certified by the Secretary of th...Read More
IL Industrial Caseload Drops 6th Year in a Row 11/25/2002
State: Natl. | Segment: Top | 114 | 0
Illinois Governor George H. Ryan announced that the number of workers' compensation cases pending at the Industrial Commission dropped once again. In Fiscal Year 2002, Industrial Commission arbitrators decided, settled, or dismissed nearly 75,000 workers' compensation cases. This reduced the pending...Read More
IL Sup Crt - WC Retaliatory Discharge Amendment 11/25/2002
State: Natl. | Segment: Top | 88 | 0
A sharply divided Illinois Supreme Court ruled Thursday that a trial court must allow a plaintiff in a workers' compensation retaliatory discharge action to amend his complaint. In Clemons v. Mechanical Devices Co. (Docket No. 91306, 11/21/02) Clemons, who began working for defendant Mecha...Read More
Insurity Puts Intellisys in at Cypress 11/20/2002
State: Natl. | Segment: Top | 41 | 0
Insurity, a ChoicePoint(R) (NYSE: CPS) company, has signed a licensing agreement with Cypress Point Insurance Services, Inc. for its Commercial Intellisys(R) system. Provided through Insurity's Outsourcing Services Division, the fully managed and outsourced system provides the rating, quoting and po...Read More
Idaho Compensation Rates Up Slightly 11/19/2002
State: Natl. | Segment: Top | 99 | 0
The Idaho Industrial Commission has updated tables for time lost wages, and death benefits. The new time-loss wage compensation table is available at the IIC's web site at More
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