Workers' Compensation News
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Viacom Gets Captive Licensed in NY
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08/29/2003
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State: CA | Segment: Top | 0
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New York Superintendent of Insurance Gregory V. Serio yesterday announced that the State Insurance Department has licensed Sammarnick Insurance Corporation as a captive insurance company in New York. The new captive will be insuring the risks of Viacom Inc. Captive insurance companies are ...Read More
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VA SCC Employees Honored for Regulatory Work
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08/15/2003
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State: CA | Segment: Top | 0
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Two employees of the Virginia State Corporation Commission's (SCC) Bureau of Insurance were honored recently for their work as insurance regulators.
Deputy Commissioner Gerry Milsky and Market Conduct Supervisor Weldon Hazlewood, both of the Bureau's Life and Health Division, received ...Read More
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Venturi Partners New Name, 1-25 Reverse Split
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08/06/2003
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State: CA | Segment: Top | 0
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Personnel Group of America, Inc. today announced that it has changed its corporate name to Venturi Partners, Inc., effective yesterday.
The Company also announced that its 1-for-25 reverse stock split has become effective. With the reverse split completed, the Company intends to convert al...Read More
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Vermont Legislature To Review Rising WC Costs
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06/27/2003
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State: Natl. | Segment: Top | 0
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Vermont legislators are turning their attention to the rising costs and current gaps and inefficiencies in the State's workers' comp system as statewide concerns increase.
Vermont Department of Labor and Industry Commissioner Mike Bertrand told the Manchester Journal that a thorough revie...Read More
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Virginia Orders Reciprocal Liquidated
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06/25/2003
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State: Natl. | Segment: Top | 0
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The Virginia State Corporation Commission (SCC) found on June 20th that Reciprocal of America (ROA) is insolvent and ordered that the Virginia-domiciled insurance reciprocal be liquidated. The company and its attorney-in-fact, The Reciprocal Group (TRG), were placed into receivership on January 29, ...Read More
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VT: Legislature Ends Directing Only a Study of WC
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06/17/2003
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State: Natl. | Segment: Top | 0
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The National Association of Independent Insurers (NAII) says that because the 2003 Vermont legislative session was dominated by budget issues and land use concerns, there was little legislation passed that impacted the property/casualty insurance industry.Specifically with regards to worker...Read More
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Volt Services Reports Loss, Higher Comp
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06/13/2003
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State: Natl. | Segment: Top | 0
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Volt Information Sciences, Inc. (NYSE: VOL) today reported financial results for the Company's second quarter and six months ended May 4, 2003.
Volt conducted a conference call webcast at 11:00 A.M. (EDT) yesterday. The conference call can be accessed for the next 30 days at ...Read More
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Voc Rehab Firms Indicted for WV Fraud
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06/06/2003
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State: Natl. | Segment: Top | 0
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West Virginia Workers' Compensation Division Executive Director Greg Burton announced yesterday that the Kanawha County Grand Jury granted indictments against two out-of-state vocational rehabilitation companies for fraudulent billing.
According to Burton, the fraudulent billings were costi...Read More
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Viper Networks Buys Piece of Greenland PEO
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06/04/2003
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State: Natl. | Segment: Top | 0
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Viper Networks Inc. (OTCBB:VPER) announced yesterday that it has signed an agreement with Greenland Corp. (OTCBB:GRLC), a San Diego-based professional employer services (PEO) provider.
The agreement provides that Viper will purchase $50,000 of restricted shares of Greenland common stock at...Read More
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Vail Resorts Faces $128K OSHA Fine for Death
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05/27/2003
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State: Natl. | Segment: Top | 0
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For failure to protect employees working in confined spaces, Vail Resorts, Inc., of Keystone is facing citations and proposed fines from the Occupational Safety and Health Administration (OSHA) of the U.S. Department of Labor in connection with a fatal accident in November.
OSHA's area of...Read More
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