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Workers' Compensation News

Moody Confirms Debt Rating of Harleysville Grp 10/20/2003
State: NA | Segment: Top | 119 | 0
Moody's Investors Service has announced that it has confirmed the long-term debt ratings of Harleysville Group Inc. ("HGIC" - senior unsecured debt at Baa1) and the A2 insurance financial strength ratings of the members of the Harleysville Group intercompany pool. In the same action, the out...Read More
Munich Re A+ Rating By A.M. Best Unchanged 10/20/2003
State: NA | Segment: Top | 86 | 0
A.M. Best Co. has commented that the financial strength rating of A+ (Superior) of Muenchener Rueckversicherungs-Gesellschaft (Munich Re) (Germany) remains unchanged following the proposed rights issue of "at least" EUR 3.8 billion (USD 4.4 billion). A.M. Best believes that a successful c...Read More
MD Legislature Meets re 'Harris Ruling' 10/17/2003
State: MD | Segment: Top | 54 | 0
Maryland employers are lobbying for a legislative remedy to a recent state Supreme Court ruling they say will open the floodgates to workers' compensation claims.A legislative joint committee on workers' compensation met Tuesday in Annapolis to hear testimony about the impact of the "Harris ...Read More
Moody's Withdraws Baa2 of White Mountains Debt 10/17/2003
State: NA | Segment: Top | 103 | 0
Moody's Investors Service has withdrawn its Baa2 debt rating on a retired $175 million senior secured revolving credit facility previously entered into by Fund American Companies, Inc., an intermediate holding company subsidiary of White Mountains Insurance Group, Ltd. The rating action foll...Read More
Mike Poland Appointed Sr VP Keenan & Assoc. 10/16/2003
State: CA | Segment: Top | 183 | 0
Keenan & Associates, a privately held brokerage firm in California, announced the appointment of Mike Poland to senior vice president, according to Sean Smith, president and chief executive officer. At Keenan, Poland will head operations for the development and sales of proprietary propert...Read More
Missouri Employer Use Tax Reduced 50% 10/16/2003
State: MO | Segment: Top | 175 | 0
Missouri employers will see some relief next year in the way of a 50 percent cut in the administrative tax on workers' compensation insurance.Announced yesterday, the cut will save the state's employers more than $12 million a year, Gov. Bob Holden said.The reduction is comprised of ...Read More
MS WCC Issues Two New Forms, SSN Warning 10/15/2003
State: MS | Segment: Top | 110 | 0
The Mississippi Workers' Compensation Commission has revised one form and instituted another new form:Form B-31 - Report of Payment and Settlement Receipt was revised this month. This form is filed with the Commission within...Read More
MI Holding Public Hearing Re WC Amendments 10/10/2003
State: MI | Segment: Top | 201 | 0 | Popular with Wcc
The Michigan Department of Consumer & Industry Services will hold a public hearing to receive comments from interested persons concerning amendments to the Workers' Compensation Health Care Services Rules. The following rules are included for comment: R 418.10106, R 418.10107, R 41...Read More
Machinery Fatality Prompts Inspection & Fine 10/09/2003
State: OH | Segment: Top | 96 | 0
U.S. Labor Department's Occupational Safety and Health Administration (OSHA) announced yesterday that it has fined Progressive Processing, Inc., of Elyria, Ohio, $288,250 for failing to protect workers from a variety of safety and health hazards. OSHA opened an inspection at Progressive P...Read More
MA to Send Hearing Notices Via Email 10/08/2003
State: MA | Segment: Top | 124 | 0
The Massachusetts Department of Industrial Accidents will be making hearing notices available by e-mail soon. Beginning in November 2003, the Department will begin testing a new feature to the system: emailing court notices. Why would anyone want to receive notices by email?...Read More
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