Workers' Compensation News
| Zadroga 9/11 Bill Resurrected | 04/02/2009 | ||
| State: NA | Segment: EAST | 0 | |||
| New York members of Congress have renewed efforts to reopen the federal Victim Compensation Fund (VCF) to provide treatment for responders who grew ill from rescue efforts following the Sept. 11, 2001, terrorist attacks on the World Trade Center.The House Immigration, Citizenship, Refuge...Read More | |||
| Zenith Layoffs Won't Impact the Carrier's Sarasota Operations | 02/24/2009 | ||
| By: Jim Sams (Senior Editor) | |||
| State: FL | Segment: Business | 0 | |||
| Zenith National Insurance Corp.'s decision to lay off about 100 workers won't impact the workers' comp carrier's operations in Sarasota, Fla, Chairman/Chief Executive Officer Stanley Zax told the Sarasota Herald-Tribune.“It’s a very important part of our compa...Read More | |||
| Zenith Announces It Will Lay Off 100 Workers | 02/11/2009 | ||
| State: CA | Segment: WEST | 0 | |||
| Zenith National Insurance Corp. announced that it will lay off 100 employees in an attempt to streamline its administrative cost structure.The Woodland Hills-based carrier is terminating 6% of its workforce as a response to the current economic downturn. The employees affected by the red...Read More | |||
| Zenith Net Income Plunges as Combined Ratio Jumps Higher | 01/30/2009 | ||
| By: Jim Sams (Senior Editor) | |||
| State: CA | Segment: WEST | 0 | |||
| Zenith National Insurance Corp.'s net revenues plunged during the fourth quarter of 2008 to less than a quarter of its profits in the same period last year, in the face of declining workers' compensation premium income and a combined ratio that jumped to 115% in accident year 2008 from 85% i...Read More | |||
| Zenith Appoints Former Speaker Nunez to Board of Directors | 12/02/2008 | ||
| By: Jim Sams (Senior Editor) | |||
| State: CA | Segment: WEST | 0 | Popular with Legal | |||
| Zenith National Insurance Corp. announced Monday that it appointed former California Assembly Speaker Fabian Nunez to its board of directors.Nunez, a Los Angeles Democrat, was elected to the California State Assembly in 2002 and served as its speaker from 2004 through last month. He is c...Read More | |||
| Zenith Files for a 4% Rate Hike | 11/26/2008 | ||
| By: Jim Sams (Senior Editor) | |||
| State: CA | Segment: WEST | 0 | |||
| Zenith Insurance Co. on Tuesday announced that it filed for an average 4% rate increase to take effect Jan. 1, significantly undercutting the rate hikes announced by State Compensation Insurance Fund and other competing carriers.Zenith had previously predicted a rate increase on the orde...Read More | |||
| Zurich Financial Net Income Down 16% in First Nine Months of 2008 | 11/17/2008 | ||
| By: Jim Sams (Senior Editor) | |||
| State: NA | Segment: Business | 0 | |||
| Zurich Financial Services Group reported net income of $2.8 billion for the first nine months of 2008, a 32% decrease from the same period in 2007.The company said its results include a $1.1 billion in investment losses and $595 million in catastrophe loss from Hurricanes Gustav and Ike....Read More | |||
| Zurich Promotes Underwriter in Specialties Business Unit | 11/06/2008 | ||
| By: Jim Sams (Senior Editor) | |||
| State: IL | Segment: CENTRAL | 0 | |||
| Zurich announced Wednesday the appointment of Christopher Haarmann as chief underwriting officer of its specialties business unit in Schaumburg, Ill. Haarmann will lead underwriting operations for specialties products across the United States, Zurich said.Haarmann joined Zuri...Read More | |||
| Zenith Reports Net Earnings of $16.6M in Third Quarter | 10/21/2008 | ||
| By: Jim Sams (Senior Editor) | |||
| State: CA | Segment: WEST | 0 | |||
| Zenith National Insurance remained in the black during the third quarter, although its combined ratio is climbing and its net earnings amounted to about a quarter of the profits it posted in the third quarter of 2007.Zenith reported net income of $16.6 million for the quarter, compared t...Read More | |||
| Zurich Prevails Against General Liability Indemnification | 10/09/2008 | ||
| State: IL | Segment: CENTRAL | 0 | |||
| A contractor's construction contract with an employer did not require the contractor to provide commercial general liability coverage to the employer, according to a published decision from an Illinois appellate court. In United Stationers Supply Co. v. Zurich American Insurance C...Read More | |||
