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Workers' Compensation News

SCIF Starts Contingent Commissions, with Disclosure 08/29/2005
State: CA | Segment: Business | 216 | 0
The California State Compensation Insurance Fund announced Friday that it will disclose its broker commissions to policyholders, and separately gave word to brokers that it will begin paying contingent commission's based on their clients losses. The giant insurer announced in a press relea...Read More
S.C. Businesses to Make Comp Reform No. 1 Priority 08/29/2005
State: SC | Segment: Politics | 148 | 0
Change South Carolina's workers' compensation system! Legislators can expect to hear that message loudly and often from business owners and their lobbyists in the 2006 session, according to the newspaper, The State. The momentum for reforming the workers' compensation system will...Read More
Selective Promotes Comp Claims Manager 08/29/2005
State: NJ | Segment: People | 71 | 0
Selective Insurance Group (Nasdaq: SIGI), has announced the promotion of Stephanie Thompkins Ganey to vice president, workers' compensation corporate claims manager. Ganey, who is based in North Plainfield, N.J., joined Selective in August 2003 as workers' compensation manager and previo...Read More
Swiss Re Chooses New CEO for 2006 08/26/2005
State: Natl. | Segment: People | 50 | 0
John Coomber will retire as chief executive of Swiss Re at year's end and be replaced by deputy CEO Jacques Aigrain, the company's board of directors announced Thursday. The handover in management is being done as part of an organizational restructuring at Swiss Re, the company said in a n...Read More
Safeco President to Address KBW Event 08/26/2005
State: WA | Segment: Events | 71 | 0
Mike LaRocco, president of Safeco Product, Underwriting and Claims, will address the KBW 2005 Insurance Conference in New York City. He is scheduled to speak Thursday, Sept. 8 at 8:10 a.m. Eastern time. The conference will be transmitted live on the Internet. To participate, log...Read More
Silverstein Joins Endurance as Investment Chief 08/26/2005
State: NA | Segment: Business | 63 | 0
Mark Silverstein has joined Endurance Services Ltd. as the company's new chief investment officer, moving over from XL Investment Management where he was a vice president. Endurance Chairman and CEO Kenneth J. LeStrange called Silverstein a "seasoned" investment professional with a wealth ...Read More
Smith Leaving GE Solutions for Equifax Job 08/26/2005
State: MO | Segment: Business | 42 | 0
GE Insurance Solutions Chief Operating Officer Richard Smith has been named chief executive officer and chairman elect of Equifax. Smith takes over Sept. 19 at Equifax, a global information technology company based in Atlanta, Georgia. "Rick has made extraordinary contributions ...Read More
School Bell Brings Child-Labor Law Reminder 08/25/2005
State: LA | Segment: Other | 100 | 0
The Louisiana Department of Labor wants students, parents and employers to make the grade this school year when it comes to knowing the facts about the state's child-labor laws. "Employers and parents should know there are age-specific regulations that affect when and how long minors can...Read More
San Diego Sues Former Consultant to Ohio BWC 08/24/2005
State: CA | Segment: Other | 243 | 0
The city of San Diego's pension fund is $1.4 billion short of what it needs to pay its retirees and the city attorney has sued the same consultant that had a role in the poor investment results in an Ohio scandal. The Toledo Blade reported Tuesday the California lawsuit against Callan Assoc...Read More
S. Carolina Chamber Implores Legislators to Act 08/24/2005
State: SC | Segment: Politics | 118 | 0
The South Carolina Second Injury Fund's plan to assess employers a record $350 million could ruin many employers, warned a state business leader who called Tuesday for quick action by lawmakers. "This assessment, coupled with the nearly 33% increase in worker's compensation costs as propose...Read More
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