All the headlines from our Self Insured Topic Page, ordered by recency.
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...
Apr 23 2008 // Insurance ratings firm A.M. Best Co. has affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of States Self-Insurers Risk Retention Group, Inc. ((Vermont). The outlook for...
Apr 16 2008 // Legislation designed to modernize the federal Liability Risk Retention Act (LRRA) of 1986 was introduced into Congress yesterday.H.R. 5792, or the “Increasing Insurance Coverage Options for Consumers Act of...
Mar 7 2008 // Twelve companies with approximately 32,500 employees in Texas recently were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance, Division of...
Feb 29 2008 // A jury in Napa, Calif., has awarded the Marin School Insurance Authority $4.66 million stemming from a lawsuit against its long-term third-party claims administrator, ESIS, Inc.“This victory is especially rewarding...
Jan 27 2008 // North Carolina’s automobile insurance rates are among the country’s lowest, but a special pool covering motorists for hundreds of thousands of vehicles doesn’t work very well, industry officials told...
Jan 9 2008 // Thirteen companies with approximately 183,200 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance (TDI), Division of...
Dec 23 2007 // The debate over payments to the Aggregate Trust Fund is one, although by no means the only, workers’ compensation insurance reform that New York carriers want to see changed.“We were generally very pleased with...
Dec 11 2007 // The New York State Workers’ Compensation Board has issued a new report that calls on lawmakers to make “sweeping changes” in the way self-insured claims are secured in the Empire State.The report...
Nov 16 2007 // The South Carolina Department of Insurance placed Capital Assurance Risk Retention Group (CARRG) in receivership for the purposes of rehabilitation.On Oct. 31, the Richland County Court of Common Pleas issued an order...
Nov 4 2007 // A medical malpractice report on closed claims data indicates that claims are down in Washington. This is the third medical malpractice closed claim report issued by state Insurance Commissioner Mike Kreidler. It analyzes...
Oct 8 2007 // Louisiana Workers’ Compensation Corporation (LWCC) promoted Jamie Bourg to claims manager for the company’s large accounts team.Bourg will manage and direct the claims department, including claims handling and...
Oct 3 2007 // Thirteen companies with approximately 49,800 employees in Texas were approved to self-insure for workers’ compensation claims for a one-year period under the Texas Department of Insurance Division of Workers’...
Oct 3 2007 // A risk pool for uninsurable South Dakotans and Medicaid-based subsidies for health insurance premiums are among recommendations of a state task force.The group also recommends research be done into the types of assistance...