Workers' Compensation News
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Kearney Says P&C Industry Could Save $30B / Year
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01/25/2002
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State: Natl. | Segment: Top | 0
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Consulting firm A.T. Kearney says the U.S. property and casualty (P&C) insurance industry -- suffering from sagging investment returns and unprecedented claims from the September 11 terrorist attacks -- could save $30 billion annually through aggressive transformation of the way it processes insuran...Read More
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Kemper Disputes Fitch Rating Report
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09/25/2001
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State: Natl. | Segment: Top | 0
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The Kemper Insurance Companies said that Fitch has insufficient information to justify its downgrade of Kemper's financial ratings.
David B. Mathis, Kemper chairman and chief executive officer noted that, unlike Moody's, Standard and Poor's and A.M. Best, Kemper does not have a formal ratings r...Read More
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Kemper Emergency Response Contact Numbers
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09/12/2001
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State: Natl. | Segment: Top | 0
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The Kemper Insurance Companies has established catastrophe teams to respond to all claims resulting from the terrorist attacks occurring nationally on Tuesday, September 11, in addition to mobilizing all available personnel to respond to the losses resulting from these catastrophic events.
'Our...Read More
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Kansas Work Comp Rates Going Up
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08/27/2001
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State: Natl. | Segment: Top | 0
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Kansas Insurance Department officials calculate that rates will rise 4.3 percent overall this coming year, the first increase in Kansas workers' compensation insurance rates in six years. The Department estimates that this would mean an $ 11.5 million increase to Kansas employers.
The savings...Read More
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Kaiser Says More Offered Defined Plans
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04/05/2001
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State: Natl. | Segment: Top | 0
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A recent report by the Kaiser Family Foundation shows that about one-third of California employers are moving toward defined contribution health plans. Defined contribution plans involve employee participation in the choice and purchase of their own coverage where employees are allotted money by the...Read More
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Kelly Services Says Temp Trend Continues
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10/23/2000
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State: Natl. | Segment: Top | 0
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Kelly Services Press Release:
A new study sponsored by staffing
leader Kelly Services (Nasdaq: KELYA KELYB) indicates that 26 percent of the
American work force today is composed of temporary/contract workers, or 'free
agents,' with another 17 percent of workers considering joining them. This...Read More
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Kemper Finalizes Superior Nat'l Acquisition
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09/29/2000
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State: Natl. | Segment: Top | 0
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The Kemper Insurance Companies announced yesterday in a press release that it has finalized an agreement with the California Department of Insurance to acquire the renewal rights of the five remaining Superior National Insurance Companies in conservation following liquidation orders issued Wednesday...Read More
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Kelso Says DOI Mismanaged for 10 Years
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08/13/2000
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State: Natl. | Segment: Top | 0
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Acting Commissioner Clark Kelso told the Senate Insurance Committee that the Department of Insurance has lacked effective management for more than a decade, and that this directly affects the stability of California's workers' compensation industry.
Kelso said that numerous arbitrary deci...Read More
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Kelso Ends Quackenbush's Probe
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07/17/2000
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State: Natl. | Segment: Top | 0
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The L.A. Times reported today that acting State Insurance Commissioner Clark Kelso called off an investigation of document leaks and abandoned lawsuits against state senators for distributing them. The investigation and lawsuits were brought by the Department of Insurance under the Quackenbush admi...Read More
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