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Workers' Compensation News


 
State Auto Financial Reports Record Earnings 03/03/2003
State: Natl. | Segment: Top | 32 | 0
State Auto Financial Corporation (Nasdaq:STFC) Friday reported record fourth quarter net earnings of $19,331,000. Net reported earnings were $0.49, per diluted share, versus $(0.27) for the same period last year. Net operating earnings for the quarter were $0.40 per diluted share, versus $(0.26) for...Read More
 
 
S&P Publishes Affirmed Ratings List of Carriers 03/03/2003
State: Natl. | Segment: Top | 36 | 0 | Popular with Legal
Standard & Poor's Ratings Services said Friday that it affirmed its public information (pi) counterparty credit and financial strength ratings on various insurance companies (see list below). "The affirmations follow Standard & Poor's reviews of the companies based on the most recently ava...Read More
 
 
S&P Lowers Rating on Associated Industries 03/03/2003
State: Natl. | Segment: Top | 67 | 0
Standard & Poor's Ratings Services said Friday that it lowered its counterparty credit and financial strength ratings on Associated Industries Insurance Co. (AII) to 'Bpi' from 'BBpi'. "This rating action was based on AII's weak capital, weak liquidity, high geographic and product-line con...Read More
 
 
SCIF Ops to be Subject of Garamendi Plans 02/28/2003
State: Natl. | Segment: Top | 34 | 0
John Garamendi, Insurance Commissioner of California, may be announcing action that will affect the State Compensation Insurance Fund next week, according to information received by workcompcentral....Read More
 
 
Sierra Health to Sell Debt, Buy Back Stock 02/26/2003
State: Natl. | Segment: Top | 32 | 0
Sierra Health Services, Inc. (NYSE:SIE) yesterday announced that it will commence an offer to sell $100 million, with an option for up to an additional $15.0 million, of senior convertible debentures. Sierra intends to use the net proceeds of the offering to repay all amounts outstanding u...Read More
 
 
SHRM Academy Open to HR Pros 02/24/2003
State: Natl. | Segment: Top | 33 | 0
The Society for Human Resource Management (SHRM) has launched the new "SHRM Academy: Business Education for HR Professionals" to help HR professionals improve the overall understanding and operation of their organizations. The move will help HR professionals gain additional business competencies nec...Read More
 
 
State Auto to Hold Quarterly Conference 2/28 02/24/2003
State: Natl. | Segment: Top | 33 | 0
State Auto Financial Corporation (NASDAQ:STFC), a regional insurance holding company, will hold its quarterly conference call to discuss fourth quarter and 2002 results on Friday, February 28,2003 at 10:00 a.m. ET. This call is being webcast by CCBN and can be accessed at State Auto Financ...Read More
 
 
Sierra Health Revises Earnings Forecast 02/21/2003
State: Natl. | Segment: Top | 33 | 0
Sierra Health Services, Inc. (NYSE:SIE) yesterday announced that it is raising its earnings estimates from continuing operations for 2003, based on preliminary data for January and February. Sierra now expects to earn between $0.40 and $0.42 for the first quarter of 2003 and between $1.75 ...Read More
 
 
Sierra Health Posts Quarterly Pro-Formas 02/20/2003
State: Natl. | Segment: Top | 33 | 0
Sierra Health Services, Inc. (NYSE:SIE) yesterday released proforma financial information for the three months ended March 31, June 30, September 30 and December 31, 2002. Additionally, the company has released proforma financial information for the nine months ended September 30, 2002 and...Read More
 
 
SB1 Unnecessary and Costly to CA, ACIC Says 02/19/2003
State: Natl. | Segment: Top | 71 | 0
A California consumer privacy bill set to be heard in the Senate Judiciary Committee yesterday is unnecessary because current state law and department of insurance regulations give insurance policyholders adequate protection from any unauthorized use of personal financial information by insurance co...Read More
 
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