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Workers' Compensation News


Lake Forest Woman Arrested on Comp Fraud 09/21/2000
State: Natl. | Segment: Top | 123 | 0
California Department of Insurance Press Release 9/8/00: ORANGE COUNTY ...Read More

Liberty Mutual Planning to Demutualize 09/18/2000
State: Natl. | Segment: Top | 109 | 0
Liberty Mutual Insurance Co. announced that it is planning to convert to a mutual holding company. The plans call for a new structure that would allow it to issue shares of common stock, thought the company said that it isn't planning to demutualize. There are no current plans to issue the stock how...Read More
Low Sworn In as Commissioner 09/18/2000
State: Natl. | Segment: Top | 112 | 0
Justice Harry Low was sworn in as California's 37th insurance commissioner at a ceremony in San Francisco. Low, 69, a retired appeals court judge and a Democrat, will complete the remaining two years of the term of Republican Chuck Quackenbush. Interim commissioner, Clark Kel...Read More
Low Confirmed by Legislature 08/25/2000
State: Natl. | Segment: Top | 73 | 0
Harry Low was confirmed as California's new insurance commissioner by the California Legislature to take over the balance of the term left by former commissioner Chuck Quackenbush. Low, 69, a retired appeals court judge, will take over the department in mid-September according to Califor...Read More
Low Appointed Commissioner 07/31/2000
State: Natl. | Segment: Top | 111 | 0
Governor Gray Davis announced today his nomination to fill the vacancy left by Chuck Quackenbush as Insurance Commissioner, the honorable Harry Low. This particular appointment was anticipated. Low's nomination must still be confirmed by the Legislature, which will then fill the position fo...Read More
LA Times Exposes More on Quackenbush 06/27/2000
State: Natl. | Segment: Top | 111 | 0
In a scathing article this morning in the LA Times revelations are made in surprise testimony by Department of Insurance lawyers, who essentially say that they were directed by the Commissioner to settle hundreds of millions of dollars in fines from the Northridge quake and from title insurers in ex...Read More
LA Times on Quackenbush - editorial 06/07/2000
State: Natl. | Segment: Top | 114 | 0
I don't know how many read the front page of the LA Times yesterday (6/6/00), but they ran an article summarizing committee testimony by Farmers Insuarnce Group executives, including their general counsel, basically stating that Insurance Commissioner Chuck Quackenbush personally attempted to extrac...Read More
LA Times on Quackenbush 04/28/2000
State: Natl. | Segment: Top | 114 | 0
The Los Angeles Times reported that California Insurance Commissioner Chuck Quackenbush signed a confidential agreement absolving Farmers Insurance Group of wrongdoing in its handling of Northridge earthquake claims without completing an investigation of the insurer's settlement actions. ...Read More
Liberty Mutual Restructuring Plans 02/23/2000
State: Natl. | Segment: Top | 83 | 0
From the Work Comp Executive 2/23/00: 'As part of large restructuring plans, Liberty Mutual Insurance Group is consolidating operations in California, and its Sacramento office will triple in size. Liberty Mutual is in the midst of eliminating some 1,500 positions, consolidating offices a...Read More
Loss Ratios Increasing 01/08/2000
State: Natl. | Segment: Top | 76 | 0
From WorkComp Executive 1/08/00: The industry loss ratio for the 1998 accident year was 100 percent, the Workers' Compensation Insurance Rating Bureau announced today. ...Read More
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