Latest Self Insured Headlines

All the headlines from our Self Insured Topic Page, ordered by recency.

SOBC DARAG Acquires Vermont’s Innovative Physicians Solutions RRG

Jul 3 2019 // SOBC DARAG has acquired Innovative Physicians Solutions RRG (IPS) in full, effective July 1, 2019, after receiving approval from the Vermont Department of Financial Services for the transaction.Mark Tabler, the current...

Comparing Coverage: Umbrella and Excess Liability

Jun 17 2019 // Liability insurance protects the customer when something happens to someone else. Customers have liability exposures if they do something, sell something, have a place, go to a place or hire someone, among other...

How Workers’ Comp Brokers Can Increase Commissions by 81%

Mar 18 2019 // Workers’ compensation brokers frequently overlook a risk-free method to nearly double their commissions while improving their client’s overall financial position. The use of a captive insurance company to...

Beyond Nassar: Michigan State Creates Captive, Explores Other Insurance Options

Mar 18 2019 // Michigan State University continues to explore its insurance coverage options with regard to sexual assault or molestation claims brought against the school after rejecting renewal coverage offered by its long-term...

Beyond Nassar: Michigan State University Assessing Insurance Options

Mar 8 2019 // Michigan State University continues to explore its insurance coverage options with regard to sexual assault or molestation claims brought against the school after rejecting renewal coverage offered by its long-term...

Report: California Self-Insured Workers’ Comp Claim Frequency Rose Last Year

Oct 8 2018 // Workers’ compensation claim frequency reported by California’s private self-insured employers rose last year, the first increase in a decade, according to the California Workers’ Compensation...

Oklahoma High Court: Workers’ Comp Carriers, Self Insurers Eligible for Rebates

Jul 16 2018 // If a recent ruling by the Oklahoma Supreme Court remains unchanged, the state’s tax authority may end up having to pay millions of dollars in rebates to workers’ compensation carriers and companies that...

Oklahoma High Court: Rebates Still Available to Workers’ Comp Carriers, Self Insurers

Jul 9 2018 // If a recent ruling by the Oklahoma Supreme Court remains unchanged, the state’s tax authority may end up having to pay millions of dollars in rebates to workers’ compensation carriers and companies that...

Report: California Self-Insured Workers’ Comp Claims Rose Only Slightly Last Year

Jul 2 2018 // California public self-insured workers’ compensation claims from fiscal year 2016-2017 rose less than 0.4 percent compared to the corresponding data from the prior year despite a 2.9 percent increase in covered...

Report: California Self-Insured Workers’ Comp Claims Rose Only Slightly Last Year

Jun 21 2018 // California public self-insured workers’ compensation claims from fiscal year 2016-2017 rose less than 0.4 percent compared to the corresponding data from the prior year despite a 2.9 percent Increase in covered...

Regulators Looking at Health Insurance Reform Options in North Dakota

May 8 2018 // The North Dakota Insurance Department is seeking to work with a consultant in order to perform actuarial and other analysis of state proposals to reform North Dakota’s individual health insurance market, the agency...

Seeman Holtz Property & Casualty Acquires Self Insurance in Missouri

Mar 8 2018 // Seeman Holtz Property & Casualty Inc., headquartered in Boca Raton, Florida, has acquired a Sikeston, Missouri-based agency, Tri-Star of Sikeston Inc., doing business as Self Insurance. Now led by Brian Self, the...

Self-Insurance Plan Could Save Idaho $13M, Consultant Says

Oct 3 2017 // A new analysis on how much Idaho would save by switching public employees to a self-insurance model puts the amount at $13 million for the first year of operation.The analysis made public last week by Mercer, an actuarial...

Proposed Ohio Legislation Adds Opportunities for Self-Insurance

Jun 30 2017 // Ohio is one of the few states that does not allow private insurers to participate in the workers’ compensation system, although it permits larger employers to “self-insure” to administer and pay their own...

A Few E&O Tips to Watch: Certificates, Carrier Ratings and Alternative Markets

Jun 5 2017 // It seems agencies today have more challenges than ever. Below are three tips to reduce errors and omissions (E&O) exposures.I would love to share with you a story regarding a multinational company that demanded they be...

A Risk Pool of One: How Technology Could Make Insurance Obsolete

May 15 2017 // Will technology make insurance obsolete?”That was the stark question posed by William Hartnett, a former Microsoft and ACORD executive, in his opening address to the 2017 Global Insurance Symposium, April 26-27 in...

Texas Re-Certifies 7 Companies to Self-Insure for Workers’ Comp Claims

Mar 7 2017 // The Texas Department of Insurance’s Division of Workers’ Compensation (DWC) re-certified seven employers to self-insure workers’ compensation claims. Together, the companies employ about 30,000 people in...

Who Self-Insures for Workers’ Compensation in California?

Mar 6 2017 // Workers’ compensation liability is one of the main commercial lines in the U.S. property/casualty market. In order to manage this loss exposure, employers have two choices: they can either buy market insurance or...

Texas Re-Certifies 10 Companies to Self-Insure for Workers’ Comp

Jan 5 2017 // The Texas Department of Insurance’s Division of Workers’ Compensation (DWC) re-certified 10 employers to self-insure workers’ compensation claims. Together, the companies employ about 15,000 people in...

State’s Self-Insurance Plan a Concern for Wisconsin Healthcare Groups

Nov 17 2016 // A group of healthcare stakeholders have asked Gov. Scott Walker to consider how self-insuring state workers could affect Wisconsin’s economy and its health care market.The Wisconsin Hospital Association, the...