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Workers' Compensation News

ASPN Teaming with Midwest Employers 09/04/2007
State: NA | Segment: Business | 91 | 0
Agency Specialty Product Network (ASPN) announced Friday that it formed an alliance with Midwest Employers Casualty Co. to offer large-deductible workers' compensation programs and services to clients of independent agents and brokers in Illinois, Iowa, Minnesota, Nebraska, North Dakota, South Dako...Read More
ASSE Holding Oilfield Safety Seminar Sept. 19-20 09/04/2007
State: TX | Segment: Events | 113 | 0
The American Society of Safety Engineers (ASSE) Permian Basin Chapter in Midland, Texas will host the "Oilfield Safety, Field and Rig Compliance Seminar" at the MCM Elegant Hotel in Odessa Sept. 19-20. Increased oil demand has resulted in an increased need for workers, resulting in a grow...Read More
Attorney General Files Antitrust Suit Against Carriers 08/31/2007
State: OH | Segment: Courts | 81 | 0
Ohio Attorney General Marc Dann sued global insurance broker Marsh & McLennan and four of the nation's largest insurance companies and their subsidiaries for alleged violations of the state's antitrust laws, his office announced this week. The complaint, filed Aug. 24 in Cuyahoga County ...Read More
Advisory Council Meets Sept. 12 in Boston 08/30/2007
State: MA | Segment: Regulatory | 105 | 0 | Popular with Insurance
The Massachusetts Workers' Compensation Advisory Council will meet at 9 a.m. Sept. 12 at the Department of Industrial Accidents in Boston. The meeting will be held in the seventh floor conference room at 600 Washington St. and is open to the public. No agenda for the meeting wa...Read More
ASI Licenses Financial Software from Lawson 08/29/2007
State: NA | Segment: Business | 105 | 0
American Safety Insurance Services licensed the latest Lawson S3 Enterprise Financial Management Suite and Lawson System Foundation 9 technology platform from Lawson Software, it announced. American Safety Insurance (ASI) expects the Lawson systems to reduce the carrier's financial closi...Read More
AmCOMP OK'd to Repurchase Common Shares 08/29/2007
State: FL | Segment: Business | 78 | 0
The AmCOMP Inc. board of directors approved a share repurchase program of up to a total of 1.5 million shares of common stock, the North Palm Beach, Fla., corporation announced. AmCOMP will finance the repurchase program with available cash. Purchases of outstanding stock will be made fr...Read More
Another Rate Hike Looming in South Carolina 08/28/2007
State: SC | Segment: Top | 83 | 0
South Carolina employers face another double-digit rate increase this year, despite a reform bill that state lawmakers had hoped would slash costs from the system. Although state Insurance Director Scott Richardson denied a 23.7% rate hike proposed by the National Council on Compensation...Read More
Accident Fund Buying CompWest Parent 08/28/2007
State: NA | Segment: Top | 229 | 0
Accident Fund Insurance Co. of America announced Monday that it entered into an agreement to purchase CWI Holdings, the parent company of San Francisco-based CompWest Insurance Co. Terms of the transaction were not disclosed. Accident Fund described CompWest, founded in 2004, as one of Ca...Read More
ACE Risk Appoints Nilson Sr. VP for Western Region 08/27/2007
State: CA | Segment: Business | 95 | 0 | Popular with Legal
John Nilson was appointed senior vice president in charge of ACE Risk Management's western region, the company announced Friday. Nilson will be based in Los Angeles and oversee branch operations in the West. He will work with brokers brokers in managing new business development and underw...Read More
Agencies Remind Contractors Comp Now Mandatory 08/24/2007
State: AR | Segment: Regulatory | 68 | 0
The Arkansas Workers' Compensation Commission and Contractor's Licensing Board issued a joint statement this week reminding residential contractors that a law passed this year requires residential contractors to purchase workers' compensation insurance even if they have no employees. Th...Read More
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