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Workers' Compensation News


 
Michael McGraw Named Director of Employers Direct 11/26/2003
State: CA | Segment: Top | 120 | 0
Michael McGraw, President and Chief Executive Officer of The McGraw Group of Affiliated Companies, has been named a director of Employers Direct Insurance Company. Employers Direct is the first new workers' compensation insurance carrier to be licensed by the California Department of Insurance in mo...Read More
 
 
Medicare Secondary Payer Changes to President 11/26/2003
State: NA | Segment: Top | 426 | 0
The involvement of Medicare in workers' compensation cases via the Secondary Payer Act is about to become more pervasive. By a vote of 54 to 44 yesterday morning, the Senate has approved H.R. 1, the Medicare Prescription Drug and Modernization Act of 2003. The House had passed the bill by a ...Read More
 
 
MD's IWIF Offers Risk Mgmt to Self-Insureds 11/25/2003
State: MD | Segment: Top | 67 | 0
The Injured Workers' Insurance Fund (IWIF), Maryland's largest workers' compensation carrier and the state's carrier of last resort, has announced the creation of a new division, Lighthouse Risk Solutions, that will focus on the growing risk management needs of medium to large companies based in the...Read More
 
 
Moody's Confirms Liberty Mutual/Prudential Rating 11/25/2003
State: NA | Segment: Top | 274 | 0
Moody's Investors Service confirmed the A2 insurance financial strength rating of Prudential Property and Casualty Insurance Company (PRUPAC) following its acquisition by Liberty Mutual Insurance Company (LMIC - rated A2 for insurance financial strength). The outlook for PRUPAC's rating is n...Read More
 
 
Max Re's CEO/SVP to Speak At Investors Conf 12/2 11/25/2003
State: NA | Segment: Top | 103 | 0
Max Re Capital Ltd. (Nasdaq: MXRE) (BSX: MXRE BH) yesterday announced that Robert J. Cooney, Chief Executive Officer, and N. James Tees, Senior Vice President and Treasurer, will speak at the Friedman Billings Ramsey 10th Annual Investor Conference. The conference is being held at the Shera...Read More
 
 
Meadowbrook Will Participate in Investor Conference 11/20/2003
State: NA | Segment: Top | 131 | 0
Meadowbrook Insurance Group, Inc. (NYSE: MIG) announced yesterday the Company will be participating in Friedman, Billings, Ramsey Group's 10th Annual Investor Conference, to be held on December 2-3, 2003 in midtown Manhattan. The conference will be held at the Executive Conference Cente...Read More
 
 
MI Bulletin Deadline for Claims Against Reliance 11/19/2003
State: MI | Segment: Top | 82 | 0 | Popular with Legal
The Michigan Bureau of Workers' & Unemployment Compensation has issued the following bulletin regarding the Proof of Claim to all interested persons regarding the filing of claims against Reliance Insurance Co., in liquidation: The Michigan Property & Casualty Guaranty Association is respon...Read More
 
 
Moody's Downgrades Cigna After Sale Announcement 11/19/2003
State: NA | Segment: Top | 220 | 0
Moody's Investors Service downgraded the credit ratings of Cigna Corporation (senior debt to Baa3 from Baa2) and its affiliates (see complete list of rating adjustments below) following the announcement by Cigna that it had signed a definitive agreement to sell its retirement business, excluding its...Read More
 
 
MedInAll and @Global Form Partnership 11/18/2003
State: CA | Segment: Top | 728 | 0 | Popular with Legal
MedInAll, Inc., a California corporation specializing in customized bill review and medical management for the workers' compensation industry, has announced a partnership with @Global, Inc., a developer of claims administration, care management and medical cost containment software. MedI...Read More
 
 
Moody's Confirms St Paul Rating Post Merger 11/18/2003
State: NA | Segment: Top | 134 | 0
Moody's Investors Service has confirmed the long-term and short-term ratings of The St. Paul Companies, Inc. and subsidiaries (St. Paul) (insurance financial strength of St. Paul Fire and Marine Insurance Company and its rated pooled affiliates at A1, senior unsecured debt at A3, and rating for comm...Read More
 
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