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Workers' Compensation News

Mike Hachtman Named As Chairman of TWCC 01/15/2004
State: TX | Segment: Top | 94 | 0
Mike Hachtman, a Houston, TX, businessman, was designated chair of the Texas Workers' Compensation Commission Wednesday by Gov. Rick Perry. Hachtman was initially appointed to a position on the commission last year by the Governor. His term will expire on Feb. 1, 2005. Hachtman ...Read More
Most MSD Claimants Return to Work Without Ergonomics 01/15/2004
State: NA | Segment: Top | 202 | 0
A French study recently published in Occupational and Environmental Medicine found that 65% of claimants who filed work comp claims for musculoskeletal disorders (MSDs) return to work without any ergonomics improvements to the work environment. The report, "Work status after workers' compe...Read More
MT State Fund May be Facing Financial Trouble 01/15/2004
State: MT | Segment: Top | 265 | 0 | Popular with Legal
The Montana State Fund may be in trouble, if officials overseeing the Fund are correct in testimony they gave to the state Legislature Wednesday, because it was raided last year by the state to help balance the budget. Nevertheless, Laurence Hubbard, president and chief executive officer fo...Read More
Moody's Lowers XL Capital Rating; Outlook Stable 01/15/2004
State: NA | Segment: Top | 131 | 0
Moody's Investors Service has lowered the ratings of XL Capital Ltd (senior unsecured debt to A2 from A1) and debt-issuing affiliates, as well as the insurance financial strength ratings of members of the XL Reinsurance America Inc intercompany pool and XL Re (to Aa3 from Aa2). Ratings and o...Read More
Metaserver & IVANS Join for Service Lloyds TX Technology 01/14/2004
State: TX | Segment: Top | 407 | 0
Metaserver, Inc., a provider of integration solutions for the insurance industry, and IVANS, Inc., providing agency-carrier industry solutions for more than 20 years, announced that Service Lloyds Insurance Company of Texas has selected a joint solution provided by Metaserver and IVANS to fulfil...Read More
MA Ins Agent Pleads Guilty to Embezzling Comp Premiums 01/14/2004
State: MA | Segment: Top | 323 | 0
A former Sharon, Massachusetts, insurance agent has pleaded guilty to charges that he embezzled more than $97,000 in insurance premiums from clients, Attorney General Tom Reilly announced yesterday. Howard B. Levitz, 60, of Boston, who formerly operated the Levitz Insurance Agency Inc. in S...Read More
Max Re's CEO/CFO 4Q Conference Call 2/2/04 01/13/2004
State: NA | Segment: Top | 142 | 0
Max Re Capital Ltd. (Nasdaq: MXRE) (BSX: MXRE BH) announced Monday that Robert J. Cooney, Chief Executive Officer, and Keith S. Hynes, Chief Financial Officer, will host a conference call to discuss the Company's fourth quarter financial results with interested investors and shareholders. ...Read More
Moody's Assigns Ratings to Everest Re Shelf Registration 01/08/2004
State: NA | Segment: Top | 393 | 0
Moody's Investors Service announced yesterday that it has assigned prospective ratings to the $975 million universal shelf registration of Everest Re Group, Ltd. ("Everest Re Group" -- prospective senior unsecured debt at (P)A2), Everest Reinsurance Holdings, Inc. ("Everest Re Holdings" -- prospecti...Read More
Members Approve Merger of AAI & NAII 01/08/2004
State: NA | Segment: Top | 597 | 0
Member companies of both the National Association of Independent Insurers (NAII) and the Alliance of American Insurers on January 7 voted overwhelmingly to merge and form a new trade association known as the Property Casualty Insurers Association of America (PCI). The new organization, whic...Read More
MA. Ins Agent Pleads Guilty to Stealing Comp Premiums 01/06/2004
State: MA | Segment: Top | 191 | 0
A former Burlington, Massachusetts, insurance agent has pleaded guilty to charges he ran two separate schemes to steal more than $150,000, Attorney General Tom Reilly announced yesterday. Kevin P. Hunt, 51, of Burlington, Massachusetts, pleaded guilty to five counts of larceny over $250 by ...Read More
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