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Workers' Compensation News


 
U.S. House to Review State of Industry 09/20/2001
State: Natl. | Segment: Top | 22 | 0
A.M. Best reports that state insurance commissioners will meet with members of U.S. House on Sept. 26 to update them on the state of the insurance industry, including losses suffered and solvency following the attacks on the World Trade Center and the Pentagon. U.S. Rep. Mike Oxley, R-Ohio, h...Read More
 
 
Utah Fund Expansion in Idaho Protested by AIG 09/07/2001
State: Natl. | Segment: Top | 77 | 0
American International Group's (AIG) chief executive, Maurice Greenberg, has issued a letter to Idaho's insurance director, Mary Hartung, protesting that a for-profit division of the Workers' Compensation Fund of Utah (WCFU) is expanding into Idaho. AIG has asked that the Idaho Department of ...Read More
 
 
UnumProvident & Kemper - New Disability System 07/10/2001
State: Natl. | Segment: Top | 46 | 0
UnumProvident Corporation (NYSE: UNM) and Kemper Insurance Companies have announced a strategic alliance to offer employers an Integrated Disability Management system, including workers...Read More
 
 
Unicover Debacle Good for Industry? 06/12/2001
State: Natl. | Segment: Top | 330 | 0 | Popular with Legal
The aftermath of the Unicover debacle may in fact be responsible for the beginning of a turn around of the work comp industry, according to industry observers quoted by A.M. Best. Unicover Managers Inc., which changed its name to Cragwood Managers LLC following the start of the demise of t...Read More
 
 
Unicover Mess Still Being Untangled 03/27/2001
State: Natl. | Segment: Top | 46 | 0
One of the debacles that threw the industry into a tailspin in 1999 was the fabled ...Read More
 
 
Utah May Allow State Fund to Openly Compete 02/13/2001
State: Natl. | Segment: Top | 61 | 0
The WorkComp Executive reports that Utah's Workers Compensation Fund may soon be writing business competitively in other states. Utah's governor is in receipt of HB 59, a bill introduced by House Majority Leader Kevin S. Garn, purporting to accomplish the transition...Read More
 
 
Unum Study Says 3/4 of Workforce Stressed Out 01/25/2001
State: Natl. | Segment: Top | 111 | 0
Unum Insurance Co. has released the results of a study conducted by BMRB International of stress in the working population of the UK, concluding that it is a major problem affecting both the productivity and health of the nation...Read More
 
 
Underwriting Losses Top $2.8 Billion 07/07/2000
State: Natl. | Segment: Top | 75 | 0
The Workers...Read More
 
 
Unicover and Reliance Continue Fight 01/26/2000
State: Natl. | Segment: Top | 154 | 0
Reported by IMMS 01/26/00: The Unicover Managers LLC Workers Compensation reinsurance pool has changed its name and filed an arbitration request against Reliance Insurance Co. to recover $92 million in unpaid management fees. Unicover, now known as Cragwood Managers LLC, allege...Read More
 
 
U.S. Life Faces Workers Comp Probe 01/11/2000
State: Natl. | Segment: Top | 55 | 0
IMMS 01/11/00 The California Department of Insurance (DOI) has issued subpoenas to the United States Life Insurance Company (New York, NY) based on the carrier's attempts to rescind its Workers Compensation reinsurance contracts with Superior National Insurance Co., a California-based Workers Comp c...Read More
 
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