All the headlines from our Self Insured Topic Page, ordered by recency.
May 19 2009 // The state of Ohio has joined Michigan in its objection to the pending sale of Chrysler LLC because of workers’ compensation issues.Ohio Attorney General Richard Cordray said his office filed a limited objection to...
Mar 26 2009 // The Montana Legislature has passed abill designed to strengthen the state’s position as a captive domicile. The bill, HB 160, is expected to be signed into law by Governor Brian Schweitzer before the end of the...
Feb 9 2009 // National Contractors Insurance Company, Inc., a Risk Retention Group (NCIC) specializing in general liability insurance for licensed residential and commercial general and artisan contractors, has redomesticated to...
Jan 20 2009 // A North Dakota state agency is the only entity that can legally sell workers compensation insurance to businesses in the state.But Minot state Rep. Dan Ruby says it’s about time the Workforce Safety and Insurance...
Dec 3 2008 // The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved thirteen companies to self-insure for workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance...
Oct 28 2008 // Aon announced that part of its White Rock operation, described as a “unique group of insurance and reinsurance vehicles with operations in key domiciles including Bermuda, Gibraltar, Guernsey and Luxembourg,”...
Oct 10 2008 // Small business owners are not fully aware of the financial risks involved in obtaining workers’ compensation insurance through self-insured groups, according to the results of the most recent Small Business Opinion...
Aug 22 2008 // Federal grants totaling nearly $725,000 will be used to help defray costs of South Dakota’s insurance risk pool and establish a vaccination program for those covered by the risk pool.South Dakota is one of 30 states...
Aug 21 2008 // By Andrea WellsIn a busy month for insurance issues on Capitol Hill, the U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises marked up bills creating a federal...
Jul 25 2008 // York Insurance Services Group, Inc. invests in Gregory B. Bragg & Associates, Inc. creating leading public entity insurance services provider in U.S.PARSIPPANY, N.J., (July 25, 2008) – York Insurance Services...
Jul 11 2008 // New York officials have closed 14 workers’ compensation self-insured trusts in the past few years and questioned the financial stability of 22 others.However, that still leaves 29 group trusts operating in the state...
Jul 10 2008 // In a big week for insurance lobbyists, a key House subcommittee advanced three major insurance regulatory measures.The U.S. House Financial Services Subcommittee on Capital Markets, Insurance and Government Sponsored...
Jul 7 2008 // New York State lawmakers have authorized $52 million from an emergency state fund to assure uninterrupted payment of benefits of injured workers whose employers’ self-insured workers’ compensation trusts have...
Jul 1 2008 // Florida faces a crisis in meeting the demand for aging services over the next 22 years as the population aged 85 and older is forecast to grow by 126 percent. This will require 15,000 more skilled nursing beds at a time...
Jun 4 2008 // CRM Holdings, which had been a major third party administrator for self-insured workers’ compensation trusts in New York, will surrender its trust license by the end of the summer as part of a settlement reached with...
Jun 4 2008 // Another Year of Solid Growth, With 2007 Premiums Increasing By 16.5% Over 2006 Strength and Security – Reinsured by AM Best Rated A- IX, 95:5 Quota Share After 1st $10,000 – Arguably One of the Strongest...
May 30 2008 // Commissioner of Workers’ Compensation Albert Betts approved 10 companies, employing approximately 31,400 employees in Texas, to self-insure for workers’ compensation claims for a one-year period under the Texas...
May 7 2008 // Workers’ compensation insurance firm CRM Holdings, Ltd. reported that net income increased 71.7% to $5.0 million, from $2.9 million a year ago, but fee income plummeted due in part to the closing of CRM’s...
May 5 2008 // The Liability Risk Retention Act of 1986 (LRRA) was enacted for the specific purpose of providing options to businesses and nonprofit organizations that were having trouble finding commercial liability insurance that...
May 5 2008 // Legislation designed to modernize the federal Liability Risk Retention Act (LRRA) of 1986 was introduced into Congress on April 15.HR 5792, or the “Increasing Insurance Coverage Options for Consumers Act of...