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Workers' Compensation News

ISO Says 2Q P/C Industry Net Rose to $23.5B 10/19/2004
State: NA | Segment: Top | 212 | 0
The U.S. property/casualty insurance industry's net income after taxes rose to a record $23.5 billion in first-half 2004 from $14.5 billion in first-half 2003, as both underwriting and investment results improved. Reflecting the industry's income and unrealized capital gains on investments...Read More
IBA West Says Spitzer Suit Shows Need for Prop 64 10/18/2004
State: CA | Segment: Top | 131 | 0 | Popular with Legal | 6 min read
Last week's announcement by New York Attorney General Eliot Spitzer that it was pursuing brokerage houses and insurance companies for illegal bid rigging, and the subsequent threat by California Insurance Commissioner John Garamendi to conduct similar investigations, has IBA West alarmed. ...Read More
Insurance Industry Rebounding - Research and Markets 10/14/2004
State: NA | Segment: Top | 130 | 0
The insurance industry is rebounding from its poor financial results of a few years ago. Better risk management, higher premiums and increased use of underwriting information systems have led the way. Meanwhile, the insurance industry is increasingly globalized as cross-border inves...Read More
Impairment of Body Waste Is Limitation Under ADA: USCA 3rd 10/12/2004
State: NA | Segment: Top | 109 | 0
The U.S. 3rd Circuit Court of Appeals ruled that a physical impairment that limits an individual's ability to cleanse and eliminate body waste, commonly associated with kidney failure, does impair a major life activity under the Americans with Disabilities Act.In Fiscus v. Wal-Mart Stores,...Read More
IBA West Organizing to 'Correct' CAAA 'Misinformation' 10/04/2004
State: CA | Segment: Top | 210 | 0
IBA West has announced on their web site that just prior to the start of the next California legislative session in January, the brokers and agents trade organization will be organizing meetings for members who are active grassroots contacts with key legislators in their districts and will be taking...Read More
IntelliCorp & Markel Provide Criminal Background Checks 10/01/2004
State: NA | Segment: Top | 114 | 0
IntelliCorp Records, Inc., a provider of preemployment screening services, and Markel Insurance Company have teamed up to provide camps, childcare centers, private schools and social service agencies with accurate and thorough criminal background checks of all employees and volunteers. Ma...Read More
IL Brings New Arbitrator Hires Total to 7 09/24/2004
State: IL | Segment: Top | 342 | 0
The Illinois Workers' Compensation Commission has added an additional arbitrator, bringing the total new hires to seven. The latest hire is Jacqueline Kinnaman, who served here as a commissioner for 14 years. She will handle 2/3 of the Geneva call. She holds a B.A. degree in Journalism ...Read More
Interstate Bakeries Files for Chapter 11 09/23/2004
State: NA | Segment: Top | 174 | 0
Interstate Bakeries Corp. (NYSE:IBC), which earlier this year disclosed a reserve shortfall of $40 million in its workers' compensation self-insurance program, primarily due to California exposures, said yesterday that, in order to provide it with the necessary time to complete an operational and fi...Read More
IMSA Pitches Ethics to Senate Regulatory Panel 09/23/2004
State: NA | Segment: Top | 38 | 0
In an increasingly competitive environment, insurance companies, as well as other financial service companies, must follow high ethical standards to protect and serve consumers and to maintain a strong marketplace, Brian Atchinson, executive director of the Insurance Marketplace Standards Associat...Read More
IAIABC Defers Voting on 3 Resolutions for Further Study 09/22/2004
State: NA | Segment: Top | 222 | 0
From the International Association of Industrial Accident Boards and Commissions on September 21, 2004: Following are three resolutions offered to the membership at the annual business meeting of the IAIABC in New York, August 11, 2004. Voting on these resolutions was deferred until t...Read More
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