Latest Self Insured Headlines
All the headlines from our Self Insured Topic Page, ordered by recency.
Ky. Workers’ Comp Self-Insured Fund Showing a Deficit
Jun 24 2005 // One of the seven workers’ compensation self-insured groups doing business in Kentucky has been ordered to provide a $6.5 million letter of credit to the Kentucky Office of Insurance (KOI) to serve as additional...
CAS Attendees Hear of Positive Trends from California Workers’ Comp Reforms
Jun 21 2005 // Insurers, and especially self-insurers, are seeing positive trends as a result of the workers’ compensation reforms in California, experts on the subject told attendees at the recent Casualty Actuarial Society (CAS)...
AIK COMP Members Assessed $97M
Jun 16 2005 // Frankfort, Ky.-based AIK COMP. has announced it plans to assess former members more than $97 million in an attempt to cover its debts. AIK intends to recover the money in retroactive premiums in an attempt to keep injured...
TWCC Approves COAs to Self-Insure for Seven Companies
May 23 2005 // The Texas Workers’ Compensation Commission approved the reapplications for Certificates of Authority to Self-Insure for a one-year period by seven private employers during a public meeting on May 19. Texas law allows...
Crisis in Medical Professional Liability Diminished, PLUS Panelists Say
May 23 2005 // States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain...
Crisis in Medical Professional Liability Diminished, PLUS Panelists Say
May 23 2005 // States with meaningful tort reform are seeing stabilization in the medical professional liability arena from three years ago. Despite the decrease in claims frequency, however, severity persists and insurers must maintain...
Independent Banks Partner to Save on Calif. Workers’ Comp Costs
May 19 2005 // Facing ever-increasing workers’ compensation costs, a group of California banks received approval from the FDIC and filed an application with the State of California to form a self-insurance group (SIG) and is...
Ponce de Leon, Lewis & Clark Receive ‘A’ Rating
May 18 2005 // Two risk retention groups that provide general and professional liability insurance to operators of long-term care facilities in Florida and 33 other states have been granted a Financial Stability Rating(R) (FSR) of...
PCI Urges Court to Uphold Mass. High Risk Pool Reforms for Auto Insurance
Apr 19 2005 // The Property Casualty Insurers Association of America (PCI) joined with a group of insurers and insurance trade associations in filing a friend of the court brief on April 15 urging the Massachusetts Superior Court to...
Del. Undertakes 5-Point Plan to Address Medical Malpractice and Attract More Competition
Apr 4 2005 // Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced today a series of initiatives to address Delaware’s medical malpractice insurance...
CRM Achieves $50 Million Mark in Calif. Premiums
Apr 4 2005 // Compensation Risk Managers of California LLC (CRM) announced its written premiums in California have surpassed the $50 million mark. A national, full service program manager and administrator for approved, self-funded...
NEW RRG TO OFFER GL TO CALIF. CONTRACTORS AND ARTISANS:
Mar 7 2005 // United Contractors Insurance Company Inc., a new risk retention group domiciled in the District of Columbia, will offer general liability coverage to California contractors and artisans in commercial and residential...
Washington Dept. of Labor Fines Contractor over Workers’ Comp Violations
Mar 3 2005 // The Washington Department of Labor and Industries has put Skanska USA Building Inc. on notice that it will lose its certificate to self-insure if it doesn’t improve the way it manages workers’ compensation...
TWCC Approves Self-Insure Certificates of Authority for 18 Companies
Feb 18 2005 // The Texas Workers’ Compensation Commission reported it approved the initial application for a Certificate of Authority to Self-Insure for a one-year period by one private employer and the reapplications for...
New RRG to Offer GL to Calif. Contractors and Artisans
Feb 16 2005 // United Contractors Insurance Company Inc.—a new risk retention group domiciled in the District of Columbia—will offer general liability coverage to California contractors and artisans in commercial and residential...
Baker Named Director of Self-Insurance at AWCC
Feb 7 2005 // The Arkansas Workers’ Compensation Commission announced that Mike Baker is the new director of the commission’s Self-Insurance Division (SID). He replaces Alan McClain, who is now the AWCC chief executive...
California Approves Workers’ Comp Self-Insurance Group for Private Schools
Jan 6 2005 // Facing the ever-increasing workers’ compensation costs, a group of private schools recently was approved by the California Department of Industrial Relations, Office of Self-Insurance Plans to begin operating a...
4,000 Businesses In Group Comp Fund Owe $51 Million In Ky. Self-Insurance Claims
Dec 10 2004 // More than 4,000 Kentucky business owners participating in a group workers’ compensation fund have been left holding-the-bag and being billed for $51 million in claims racked up by AIK Comp, a self-insurance plan...
Calif. Releases 2005 User Funding/Fraud/Uninsured Employer & Subsequent Injury Fund Rates
Dec 6 2004 // The California Department of Industrial Relations (DIR) has issued 2005 assessment rates for User Funding, Anti-Fraud Programs, the Uninsured Employer Benefit Trust Fund and the Subsequent Injury Benefit Trust Fund. State...
Self Insured Solutions Forms California’s First Agricultural Workers’ Comp Self-insured Group
Dec 6 2004 // Following up on the establishment of the California Contractors Network — a self-insured group (SIG) for high-risk employers — Self Insured Solutions has created California’s first Agricultural...
