All the headlines from our Self Insured Topic Page, ordered by recency.
Jan 13 2014 // The New Hampshire Supreme Court has upheld an order for the Local Government Center to return $33 million in surplus risk-pool funds to participating cities and towns and restore $17 million it transferred out of its...
Dec 23 2013 // New York Gov. Andrew Cuomo announced last Friday the state issued $370 million in bonds to assist businesses in failed group self-insured trusts fulfill their obligations to their injured workers.The bonding is made...
Dec 2 2013 // The New York State Workers’ Compensation Board (WCB) is pressing on with its effort to resolve the liability problems stemming from collapsed group self-insured trusts.WCB has been taking a multi-pronged approach to...
Nov 15 2013 // The New Hampshire Local Government Center is asking the state Supreme Court to reverse an administrative order that it refund $52 million to cities and towns it insures through its risk pool. The 2012 order found the LGC...
Nov 12 2013 // The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved ten renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a...
Oct 2 2013 // Wisconsin Gov. Scott Walker is considering a proposal to shift state employees from health maintenance organizations to a state self-insured program.Employers that are self-insured carry the risk for losses and pay...
Sep 20 2013 // Alterna has entered into the alternative risk marketplace, specifically focusing on providing medical professional liability services for physicians, clinics, and hospital groups through one company.Most group insurance...
Jul 23 2013 // In a surprising decision, the Rhode Island Supreme Court held that a self-insured retention (SIR) endorsement in a nursing facility’s professional liability policy was void. However, the Court’s ruling is broad...
Jul 10 2013 // Christine Baker, director of the Department of Industrial Relations, on Wednesday approved the implementation of the 2013/14 Alternative Security Program, which Baker said frees up $7.7 billion in capital that provides...
May 20 2013 // Risk retention groups (RRGs) continue to display strong and stable results, according to a recent analysis of year-end 2012 financial information.Demotech Inc., a financial analysis firm specializing in evaluating the...
May 7 2013 // Risk retention groups continue to display strong and stable results, according to a recent analysis of year-end 2012 financial information.Demotech Inc., a financial analysis firm specializing in evaluating the financial...
Apr 17 2013 // In a decision the National Risk Retention Association says will help clear any future hurdles faced by risk retention groups in other states, the Ninth Circuit Court of Appeals affirmed a District Court ruling that the...
Apr 10 2013 // New York Gov. Andrew Cuomo said this week that employers in the state are poised to save some $800 million annually, thanks to reforms in the state workers’ compensation system that were included in the recently...
Mar 4 2013 // A total of 3,094 medical professional liability claims were closed in 2011 in Ohio, according to data collected by the Ohio Department of Insurance from entities providing medical professional liability coverage to Ohio...
Mar 4 2013 // The Hartford has expanded its commercial property practice to offer insurance programs for the public entity sector, with a particular emphasis on public entity risk pools, as cities and counties seek ways to manage...
Jan 28 2013 // New York State Gov. Andrew Cuomo said his administration plans to introduce new legislation to continue to improve the workers’ compensation system and provide relief to thousands of businesses.The new proposals were...
Jan 25 2013 // The insurance pool for West Virginia county governments asked a judge Thursday to declare that it has no obligation to defend a Jefferson County sheriff who resigned in disgrace and pleaded guilty in the beating of a bank...
Jan 9 2013 // The Kentucky Associated General Contractors Self Insurers’ Fund said it will return $16.5 million in dividends to its members in March. This disbursement is the largest in workers’ compensation fund’s...
Dec 3 2012 // Editor’s Note: This is the third in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013.Looking forward...
Nov 30 2012 // Willis Global Captive Practice, part of the global insurance broker Willis Group Holdings has launched an online underwriting and data management system, WillisCaptus.The new system is designed for Risk Retention Groups...