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Workers' Compensation News

Brokers See Continuing Hard Market 01/23/2003
State: Natl. | Segment: Top | 155 | 0
More than two-thirds of the small and medium-sized commercial property/casualty accounts and 59 percent of the large accounts experienced premium increases between 10 and 30 percent during the last three months of 2002, according to a survey of the nation's leading insurance brokers. The fo...Read More
BC Forestry Injury Rate Double Other Industries 01/21/2003
State: Natl. | Segment: Top | 62 | 0
"In 2001 in British Columbia's forests there were 2,136 accepted claims costing an average of $27,018 each and having an average duration of 37 days. There were 28 accepted fatalities. That human suffering devastates families and has a huge impact on the bottom line of an industry that is critic...Read More
Best Affirms Traveler's A++ Rating 01/15/2003
State: Natl. | Segment: Top | 130 | 0
A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Travelers Property Casualty Pool (Hartford, CT). The rating applies to the 20-member pool, led by Travelers Indemnity Company, and two reinsured affiliates. The rating also applies to Travelers Casualty and Sur...Read More
Baldwin & Lyons Earnings Conference Call Set 01/15/2003
State: Natl. | Segment: Top | 73 | 0
Baldwin & Lyons, Inc. (Nasdaq: BWINA, BWINB), yesterday announced that management will hold a conference call on Monday, January 27, 2003 at 11:00 AM (EST) to discuss results for the fourth quarter and year ended December 31, 2002. Results will be released prior to 9:00 AM (EST) the same day. ...Read More
Best Lowers Rating on Kemper to B+ 01/02/2003
State: Natl. | Segment: Top | 99 | 0
A.M. Best Co. has lowered the financial strength rating to B+ (Very Good) from A- (Excellent) of the participants in the Kemper Insurance Companies intercompany pool, Long Grove, Ill. In addition, A.M. Best has lowered the rating of the surplus notes issued by Lumbermens Mutual Casualty...Read More
Best Affirms Odyssey Re Ratings 12/23/2002
State: Natl. | Segment: Top | 112 | 0
A.M. Best Co. has affirmed the financial strength ratings of A (Excellent) of Odyssey Re Holdings Corporation's (Odyssey Re) [NYSE: ORH] (New York) reinsurance and insurance subsidiaries. These ratings apply to Odyssey America Reinsurance Corporation (Connecticut), Odyssey Reinsurance Co...Read More
Blue Cross Division Gets CA HCO Certification 12/20/2002
State: Natl. | Segment: Top | 120 | 0
The California Department of Industrial Relations Division of Workers' Compensation (DWC) certified the state's newest health care organization (HCO), BC Life and Health Insurance Company--an affiliate of Blue Cross of California--offering employers and insurers an alternative to medical treatment f...Read More
Boxer Cleared on Malpractice Charges 12/20/2002
State: Natl. | Segment: Top | 123 | 0
Stewart Boxer, the husband of U.S. Sen. Barbara Boxer and a workers' compensation attorney, and his associate John Anton, received a jury verdict in their favor Wednesday.Boxer and Anton had ...Read More
Bank Fraud Leads to WC Fraud Arrest of CA Man 12/19/2002
State: Natl. | Segment: Top | 318 | 0
An El Dorado Hills resident was arrested as a result of an investigation by the California Department of Insurance Criminal Investigations Branch's Fraud Division. Charles David Littlejohn, 46, AKA Charles Brewer, was arrested at his El Dorado Hills home this morning on an outstanding war...Read More
Best Affirms A Rating for Zurich & Subsidiaries 12/19/2002
State: Natl. | Segment: Top | 144 | 0
A.M. Best Co. has affirmed the A (Excellent) financial strength ratings of Zurich Financial Services Group (ZFS) and its core operating subsidiaries. At the same time A.M. Best has affirmed the "a" and "a-" ratings on the senior and subordinated debt instruments issued or guaranteed by Zu...Read More
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