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Workers' Compensation News

AIG Places Another Exec on Leave 04/20/2005
State: NA | Segment: Business | 97 | 0
American International Group has placed another key executive on leave as it pushes to release its delayed annual report after finding $1.7 billion in accounting mistakes, Business Insurance reported Tuesday. The news service said an unnamed AIG spokesman confirmed that it placed Michael J...Read More
AM Best Boosts Meadowbrook Ratings 04/20/2005
State: NA | Segment: Business | 98 | 0
Meadowbrook Insurance Group Inc. (NYSE: MIG) announced Tuesday that the ratings of certain of its insurance company subsidiaries have been upgraded by rating agency A.M. Best Co. to "B++" (Very Good). The upgrade reflects A.M. Best's positive assessment of Meadowbrook's financial condit...Read More
AXIS Capital Moves Up 1Q Report 04/19/2005
State: NA | Segment: Business | 86 | 0
AXIS Capital Holdings Limited ("AXIS Capital") said Monday that due to scheduling conflicts, it plans to release financial results for the first quarter on May 2 after the close of the financial markets. That is one day ahead of the previously announced date. CEO and President John Chairm...Read More
Aetna Network Opened to Hartford Clients 04/19/2005
State: PA | Segment: Business | 382 | 0
The Hartford will have access beginning June 1 to the Aetna Workers' Comp Access network of health-care professionals in Pennsylvania to provide services to The Hartford's workers' compensation clients. The deal, announced Monday, was described as a strategic workers' compensation relation...Read More
AM Best Publishes Impairment Rate Study 04/19/2005
State: NA | Segment: Business | 65 | 0
A.M. Best Co. has published its second long-term impairment rate study, Best's Impairment Rate and Rating Transition Study -- 1977 to 2004. Financial impairment encompasses a wider array of events than the traditional concept of issuer default. A financially impaired company may still ...Read More
ASSE Elects New Leaders 04/18/2005
State: NA | Segment: People | 258 | 0
Jack H. Dobson Jr. was elected president of the American Society of Safety Engineers during the annual spring membership election, the association announced Friday. Dobson is manager of occupational safety and health for Simplicity Manufacturing Inc. of Port Washington, Wisc. Dob...Read More
ASSE Announces Scholarship Winners 04/15/2005
State: NA | Segment: Safety | 396 | 0
Aiding college students as they pursue a career in safety, the American Society of Safety Engineers (ASSE) Foundation announced Thursday the 28 recipients of its occupational safety, health and environmental (SH&E) scholarships. Through the support of corporations, members and individual...Read More
AmWINS Closes Deal for Stewart Smith 04/15/2005
State: NA | Segment: Business | 239 | 0
American Wholesale Insurance Group (AmWINS), the nation's largest independent wholesaler, has completed the acquisition of Stewart Smith Group, it was announced Thursday. "The addition of Stewart Smith will enable AmWins to expand our brokerage footprint in Florida, Tennessee, Michigan, an...Read More
Advisen to Distribute Audit Integrity Rankings 04/13/2005
State: CA | Segment: Business | 55 | 0
Advisen Ltd., a provider of analytics, benchmarking and market information to the commercial insurance industry, and Audit Integrity, a provider of accounting and governance analysis, Tuesday announced a distribution partnership to offer members of Advisen's application service access to Audit Integ...Read More
AIA Happy with Third-Party Claimant Bill 04/13/2005
State: WV | Segment: Politics | 148 | 0
The American Insurance Association (AIA) this week commended the Gov. Joe Manchin and the West Virginia legislature on the passage of important legislation (SB 418) designed to eliminate private causes of action by third-party claimants. According to AIA, this legislation will help bring st...Read More
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