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Workers' Compensation News

RGA Ratings Unaffected By Allianz Life Transaction 09/25/2003
State: NA | Segment: Top | 278 | 0
A.M. Best Co. commented that the financial strength rating of A+ (Superior) of Reinsurance Group of America (RGA) and the debt ratings of Reinsurance Group of America, Incorporated [NYSE: RGA] (St. Louis) are unaffected by RGA's recently announced definitive agreement to acquire--through coinsurance...Read More
Rocker Durst Sued for Subrogation on Comp Claim 09/24/2003
State: MN | Segment: Top | 106 | 0
Rocker Fred Durst of the band Limp Bizkit has had a subrogation suit brought against him for injuries a security guard sustained when Durst mistakenly kicked the guard in the head.During a 1999 concert, Durst mistook the guard for a fan he believed was attacking his personal security guard. ...Read More
RMS Named Risk Modelling Agency Of The Year 09/16/2003
State: CA | Segment: Top | 408 | 0
Risk Management Solutions, Inc.(RMS) has been named "Risk Modelling Agency of the Year" in an industry poll of Reactions magazine's global readership base. Reactions conducts the poll annually, highlighting leading companies in a range of sectors across the insurance and reinsurance indus...Read More
Reinsurance Market Proving Ripe for Start Ups 09/10/2003
State: CA | Segment: Top | 352 | 0
The difficult operating environment that has challenged many established reinsurers has failed to dampen the success of the companies that have entered the global reinsurance market since Sept. 11, 2001, Standard & Poor's Ratings Services said today. "Over the past two years, a number o...Read More
Reinsurance Under Sustained Pressure: Best Report 09/09/2003
State: CA | Segment: Top | 266 | 0
The financial strength of reinsurers has been under a sustained period of pressure, according to A.M. Best's special report on the property/casualty reinsurance industry, "Global Reinsurance." A range of interacting issues are driving these market conditions, A.M. Best said. They are:...Read More
Royal Sun/Traveler's Deal to Cost 3,000 Jobs 09/08/2003
State: CA | Segment: Top | 252 | 0
The sale by Royal & SunAlliance of the renewal rights to most of its U.S. business to Travelers is creating job uncertainty for many of the carriers US employees, but workcompcentral understands that the workers' compensation operations in the states are not going to be affected. Royal is ...Read More
Royal Sun Sells US Renewal Rights to Travelers 09/04/2003
State: CA | Segment: Top | 357 | 0
Royal & SunAlliance (NYSE:RSA) (LSE:RSA) today announced a definitive agreement to sell the renewal rights for the majority of its US businesses to Travelers Property Casualty Corp. Business lines included in the sale are the company's Standard & Preferred Personal Lines, Risk Management casualty & ...Read More
Royal Sun Stock Criticized on Comp Worries 09/03/2003
State: CA | Segment: Top | 73 | 0
Royal & Sun Alliance (RSA.L) has come under fire from a stock market analyst who says that the company's workers' compensation problems are threatening its financial prospects.Analyst Paul F Goodhind of Bear Stearns issued a research note yesterday morning, downgrading the stock from "peer p...Read More
Ron Feenberg to get CAAA's Eugene Marias Award 09/02/2003
State: CA | Segment: Top | 259 | 0
G. Ronald Feenberg of the California applicant's firm, Rose, Klein & Marias, has been chosen as recipient of the Eugene Marias Lifetime Achievement Award by the California Applicant Attorneys Association (CAAA), because of his continued professional excellence throughout the years, announced CAAA....Read More
Report: Top Staffing/PEOs Pull In $45B in 2002 08/26/2003
State: CA | Segment: Top | 320 | 0
The top 1O U.S. staffing firms now control 24% of the U.S. staffing market, according to Staffing Industry Analysts, Inc, which issued its annual top private and public company report in the August 22, 2OO3, issue of its newsletter, Staffing Industry Report. This year's list includes 83 comp...Read More
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