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
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
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
The Department of Insurance has selected Kemper Insurance Co. as the successor/purchaser of the seized Superior National Insurance Group companies. Kemper basically has had control over the day-to-day operations at Superior since the State take over in April and was already the underwriter of a rein...Read More
The WorkComp Executive reported on 4/6/00 that Kemper Insurance Cos. is replacing Centre Insurance Co. as the 'cut-through' reinsurer for Superior National Group. Kemper will underwrite the agreement, and lend management assistance to the companies. According the Executive, Kemper is also interes...Read More
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From IMMS 12/23/99:Proposed reforms of Workers Compensation law could be the most significant business issue facing the Kansas legislature. Two bills pending from the 1999 session would allow injured workers or the families of workers killed as a result of serious workplace safety violation to sue e...Read More