Latest Self Insured Headlines
All the headlines from our Self Insured Topic Page, ordered by recency.
Ratings of Preferred Physicians Medical Risk Retention Group Upgraded
Jul 14 2016 // A.M. Besthas upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Preferred Physicians Medical Risk Retention Group Inc....
Industry Concerned About Wisconsin’s Plan to Self-Insure
Jun 10 2016 // Wisconsin insurance industry leaders are worried a potential state move toward self-insurance is already on its way to a done deal. At a Wisconsin Health News panel, panelists and audience members critiqued the possible...
Brentwood Reinsurance Appoints Hodson as SVP in North Carolina
May 13 2016 // Brentwood Reinsurance Intermediaries Inc. (BRII), a provider of insurance and reinsurance brokerage services, has appointed William (Bill) J. Hodson, of Burlington, N.C., as senior vice president. According to Brentwood...
Republicans Call for State Pools to Replace Obamacare Safeguards for Sickest Insureds
Apr 28 2016 // U.S. House of Representatives Speaker Paul Ryan called on Wednesday for an end to Obamacare’s financial protections for people with serious medical conditions, saying these consumers should be placed in state...
Supreme Court Blocks States from Collecting Self-Insurers’ Health Cost Data
Mar 1 2016 // The U.S. Supreme Court on Tuesday ruled that Vermont cannot compel health insurers to hand over data on the amount paid on medical claims, backing Liberty Mutual Insurance Co.’s contention that federal law prohibited...
Demotech Affirms Ratings of Midwest Public Entity Pools
Feb 17 2016 // Ohio-based Demotech Inc. recently affirmed the financial stability ratings (FSRs) assigned to six self-funded public entity pools in the Midwest. Demotech reviews and rates more than 415 insurers, writing every line of...
Pippin Reappointed to Oklahoma Self-Insurance Guaranty Fund Board
Dec 11 2015 // Oklahoma Workers’ Compensation Commission Chairman Robert Gilliland has reappointed Louis Pippin to the commission’s Self-Insurance Guaranty Fund (SIGF) board. Pippin, of Oklahoma City, fulfilled the remainder...
Audit: Oklahoma Workers’ Comp Commission not Tracking Payments
Nov 23 2015 // A state audit of the Oklahoma Workers’ Compensation Commission indicates the agency has not been tracking some mandatory assessments. A sample test of claims paid from two funds showed roughly half had no supporting...
Wisconsin Assembly Set to Pass Self-Insurance Oversight Bill
Nov 17 2015 // The Legislature’s budget-writing committee would have to approve any contract moving Wisconsin public workers into a self-insurance model under a bill up for approval in the state Assembly. The measure being debated...
Texas OKs 11 Companies to Self-Insure for Workers’ Comp
Sep 21 2015 // The Texas Department of Insurance’s Division of Workers’ Compensation (DWC) re-certified 11 employers to self-insure workers’ compensation claims. Together, the companies employ about 50,000 people in...
Texas Approves 12 Companies to Self-Insure for Workers’ Comp
Jul 30 2015 // The Texas Department of Insurance’s Division of Workers’ Compensation (DWC) renewed approval for 12 employers to self-insure workers’ compensation claims. Together, the companies employ about 45,000...
Ambiguity Over Spousal Benefit Rules Could Test Gay Marriage Ruling
Jul 16 2015 // The Supreme Court was definitive in its decision to legalize gay marriage nationwide, but what is far from clear is whether U.S. companies must offer corporate benefits to same-sex spouses. Many large and mid-sized...
Texas Court Denies Insurer’s Reinsurance Tax Break Argument
Jun 29 2015 // A Texas appeals court has ruled that an insurer can’t recoup premium taxes reluctantly paid on reinsurance agreements with two public employee self-insured risk pools on the grounds that the risk pools aren’t...
N.H. Senate Votes Not to Change Oversight of Public Risk Pools
Jun 8 2015 // The New Hampshire Secretary of State’s office will not immediately lose its oversight of public risk pools as initially proposed in the state Senate’s budget. Senators voted to study the issue rather than...
California Court Says Staffing Agencies Can’t Self-Insure Workers’ Comp
Jun 1 2015 // A California Court of Appeals has upheld the state’s decision to exclude temporary staffing agencies from self-insuring for workers’ compensation, a ruling that upholds one of the provisions in the...
N.H. Budget Writers Uphold Changes to Public Risk Pool Oversight
May 29 2015 // The New Hampshire Secretary of State’s office plans to continue fighting a proposal in the Senate’s budget that takes away its authority to monitor the state’s public risk pools. The New Hampshire Senate...
N.H. Senate Amendment Would Change Who Polices Public Risk Pools
May 26 2015 // The New Hampshire Secretary of State’s office could lose its ability to oversee a public risk pool it’s had issues with for years, if a last-minute amendment to the state Senate budget remains in place. The New...
Vermont’s New Captive Law Revises Capital Requirements
May 18 2015 // Vermont Gov. Peter Shumlin signed new legislation passed in April that brings several changes to the state’s captive insurance rules – including changes to the investment guidelines to allow “marketable...
California Court Says Staffing Agencies Can’t Self-Insure Workers’ Comp
May 12 2015 // A California Court of Appeals has upheld the state’s decision to exclude temporary staffing agencies from self-insuring for workers’ compensation, a ruling that upholds one of the provisions in the...
Vermont’s New Captive Legislation to Revise Some Capital Requirement Rules
May 6 2015 // Vermont officials announced that Gov. Peter Shumlin will sign new legislation passed in April that would bring several changes to the state’s captive insurance rules — including changes to the investment...
