The Texas Workers’ Compensation Commission (TWCC) has unveiled a new online tool, the Online Occupational Injury Custom Reports System, to assist safety and health professionals, insurance carriers, and other individuals target injury prevention initiatives and improve the health and safety …
Minnesota-based RTW, Inc., a provider of products and services for cost-effective management of workers’ compensation programs, reported net income for the second quarter ended June 30, 2002, of $323,000, or $0.03 per basic and diluted share, compared to a net …
Changes proposed by the Missouri Department of Insurance to the state’s workers’ compensation managed care rules would add significant costs and confusion to the system, ultimately undermining the quality of care received by injured workers, the American Insurance Association (AIA) …
New York Superintendent of Insurance Gregory Serio announced that all of New York’s approximately 35,000 authorized brokers now have the ability to renew their licenses electronically via the internet 24 hours a day, seven days a week. “The Department continues …
Two Sacramento county area residents, Julie Ann Gonzales, 30, and Umberto Rene Gonzales, 32, were arrested on multiple felony counts of insurance fraud. The arrests are the result of an investigation by the California Department of Insurance Criminal Investigations Branch’s …
The California Department of Insurance issued a Cease and Desist Order July 25 on New Life Christian Care Society Inc. The Order states that the Society cease and desist transacting any and all insurance business in the state. According to …
California’s Workers’ Compensation Insurance Rating Bureau’s (WCIRB) Governing Committee approved the filing of a proposed 11.9 percent increase in pure premium rates effective January 1, 2003 for new and renewal policies at their July 24 meeting. “This is part of …
Eclipse Aviation Corporation, manufacturer of the Eclipse 500 jet, will partner with Global Aerospace, the world’s largest aerospace insurance underwriter, to provide aircraft hull and liability insurance to owners of Eclipse 500 jets. While it is too early to set …
Bermuda-based IPC Holdings Ltd. announced that its CEO and CFO would voluntarily comply with the U.S. Securities and Exchange Commission’s new certification requirements. On June 27, the SEC issued an order mandating that the principal executive officers and principal financial …
Standard & Poor’s lowered its public information (pi) insurer financial strength rating on midsize Singapore general insurer Cosmic Insurance Corp. Ltd. to single-‘Bpi’ from double-‘Bpi’. The downgrade reflects the company’s weakened financial profile in 2001 amid a still-competitive and challenging …
