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Workers' Compensation News

R.I. Uninsured May Face Felony Charges 06/27/2003
State: Natl. | Segment: Top | 106 | 0
Rhode Island employers who fail to carry workers' compensation insurance may now face felony charges, including up to two years in prison and $10,000. SB 626 was approved by ...Read More
Rand Report: PPD at Self Insureds Inadequate 06/25/2003
State: Natl. | Segment: Top | 100 | 0
The Rand Corporation, hired by the California Commission on Health and Safety and Workers' Compensation, has issued a report that concludes that even though self insured employers have greater incentives to return injured workers to work as quickly as possible, injured workers at self-insured fi...Read More
Report Says Psych Leading Cause of Disability 06/18/2003
State: Natl. | Segment: Top | 147 | 0
Stress, anxiety, depression and other related psychological conditions are the leading causes of short- and long-term disabilities, costing Canadian companies billions of dollars in disability payments, according to a study released yesterday. The Watson Wyatt Canadian 2002/2003 Staying@...Read More
RSM McGladrey Appoints Digby President MBS 06/17/2003
State: Natl. | Segment: Top | 100 | 0
RSM McGladrey Business Services has appointed Robert M. Digby president of MyBenefitSource (MBS). Digby will focus on increased customer success and market penetration for MBS, a national leader in workforce management technology and business process outsourcing services, and a business line of RSM ...Read More
RI Employers Grovel; Legislators Debate Penalties 06/13/2003
State: Natl. | Segment: Top | 190 | 0
Rhode Island employers have been flocking to insurance companies to ensure workers' compensation coverage compliance while the state legislature looks to amending the laws to make it a felony to go without.In the wake of the December tragedy involving The Station nightclub where a fire erupt...Read More
RMS Launches New WC Terror Risk Mgmt Line 06/06/2003
State: Natl. | Segment: Top | 156 | 0
Risk Management Solutions (RMS) announced yesterday that it has launched a new multi-line accumulation management system, which is delivered through its RiskLink(R) and RiskBrowser(R) software applications. The new system includes location level data capture capabilities for property and w...Read More
Ralph Jones III Joins Arch as President, CEO 06/05/2003
State: Natl. | Segment: Top | 193 | 0
Arch Capital Group Ltd. [NASDAQ: ACGL] yesterday announced that, effective July 1, 2003, Ralph E. Jones III will join the company as President and Chief Executive Officer of Arch Insurance Group, a division of Arch Capital Group Ltd. Mr. Jones will be responsible for the management and overs...Read More
RI Nightclub Owners Say Fine Unconstitutional 05/27/2003
State: Natl. | Segment: Top | 110 | 0
Owners of the Rhode Island night club that burned down in February, killing 100, have filed papers appealing the $1.066 million fine for failure to carry work comp insurance, stating that it violates their constitutional rights. Michael and Jeffrey Derderian, through their lawyers, argued in...Read More
RoyalSun Alliance Posts Improving Combined Ratio 05/23/2003
State: Natl. | Segment: Top | 97 | 0
Royal & Sun Alliance Insurance Group plc (NYSE: RSA), the parent of Royal & SunAlliance USA, yesterday reported a first-quarter combined ratio of 99%, more than a five-point improvement over its 2002 three-month combined ratio of 104.2%. The Group's performance benefited from rate increases wor...Read More
RenaissanceRe Pays Fifteen Cent Dividend 05/21/2003
State: Natl. | Segment: Top | 87 | 0
The Board of Directors of RenaissanceRe Holdings Ltd. (NYSE:RNR) has approved a quarterly dividend of $0.15 per common share. The dividend is payable on June 16, 2003 to shareholders of record on June 2, 2003. RenaissanceRe Holdings Ltd. is a global provider of reinsurance and in...Read More
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