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Workers' Compensation News

MSCA Created To Cultivate Safety 09/17/2003
State: CA | Segment: Top | 152 | 0
Cultivating an effective safety program contributes to a company's overall success and the well-being of its employees. A strong safety culture also benefits everyone by reducing the number of workplace accidents and helps control the cost of workers' compensation insurance. To reinforce thi...Read More
Moody's: SEC Action re AIG Not Affect Ratings 09/15/2003
State: CA | Segment: Top | 234 | 0
Moody's Investors Service, commenting on the SEC's announcement of enforcement actions against American International Group, Inc. (AIG) and others arising from an alleged accounting fraud committed at Brightpoint, Inc., noted that it sees no evident ratings impact for AIG and its subsidiaries....Read More
Montpelier Re Named Company Launch of the Year 09/11/2003
State: CA | Segment: Top | 118 | 0
Montpelier Reinsurance Ltd. has been named Company Launch of the Year at the 'Review Worldwide Reinsurance Awards', held on September 3rd in London, England. Jason Groves, Editor of 'The Review - Worldwide Reinsurance' Magazine, said: "With just over a year's operation under their belts...Read More
MI BWUC Closes St Joseph Site Temporarily 09/10/2003
State: CA | Segment: Top | 21 | 0
The Michigan Bureau of Workers' & Unemployment Compensation has decided to temporarily close the St. Joseph hearing site and consolidate this trial docket with Kalamazoo effective the week of September 22, 2003. This is due to Magistrate Kielton being off work for an indefinite period of ti...Read More
Moody's Rates RGA Shelf Debt & Securities 09/10/2003
State: CA | Segment: Top | 185 | 0
Moody's Investors Service has assigned a prospective rating of (P)Baa1 for senior unsecured debt to Reinsurance Group of America, Incorporated's (RGA, Inc.) $800 million multi-seniority shelf registration. Moody's also assigned prospective ratings of (P)Baa2 and (P)Baa3 for subordinated debt...Read More
Magnitude Says Alliant Energy Using Software 09/10/2003
State: CA | Segment: Top | 120 | 0
Magnitude Information Systems, Inc. (OTC Bulletin Board: MAGY) a developer of Anti-Injury(TM) ergonomic software solutions for government agencies, Fortune 500 corporations and consumers, announced that its patented Anti-Injury(TM) software suite was selected by Alliant Energy, an international ...Read More
Marsh & McLennan Debt Rated by S&P 09/09/2003
State: CA | Segment: Top | 105 | 0
Standard & Poor's Ratings Services said yesterday that it assigned its preliminary 'AA-' senior debt, 'A+' subordinated debt, and 'A' preferred stock ratings to Marsh & McLennan Cos.'s (NYSE:MMC) $3.0 billion universal shelf registration. Standard & Poor's also said that it affirmed its...Read More
Moody's Sees Hard Times Still in Reinsurance 09/09/2003
State: CA | Segment: Top | 138 | 0
Moody's Investors Service's near-term rating outlook for the global reinsurance industry remains negative, reflecting a number of challenges facing reinsurers despite the broad-based market upturn that began in 2001. These challenges include adverse loss development arising from reinsurers' underwri...Read More
Moody's May Downgrade Atlantic Mutual 09/09/2003
State: CA | Segment: Top | 242 | 0
Moody's Investors Service has placed the ratings of the Atlantic Mutual Companies on review for possible downgrade. Included in the review is the Ba1 rating of Atlantic Mutual Insurance Company's $100 million in surplus notes due in 2028, as well as the Baa1 insurance financial strength rating of it...Read More
Moody's Puts Royal & Sun Ratings Under Review 09/08/2003
State: CA | Segment: Top | 176 | 0
Moody's Investors Service announced that it has placed the ratings of Royal & Sun Alliance Insurance Group (RSA) and its subsidiaries on review for possible downgrade. The insurance financial strength ratings of Royal & Sun Alliance USA were downgraded by one notch (RSA USA intercompany pool...Read More
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