All the headlines from our Self Insured Topic Page, ordered by recency.
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...
Nov 6 2012 // Risk retention groups reported an underwriting loss but a net income gain in the first half of 2012, according to a review of their financial data by the Ohio-based actuarial firm Demotech.RRGs continued to grow and...
Oct 12 2012 // Aon Risk Solutions, the global risk management business of Aon plc, has formed the Aon Risk Solutions’ Risk Pooling Practice, providing property, casualty and employee benefits pooling products for private and public...
Aug 6 2012 // Seattle, Wash.-based Physicians Insurance A Mutual Company has acquired Emergency Medicine Professional Assurance Co. (EMPAC) and SCRUBS risk retention group management companies.Through this acquisition Physicians...
Jul 19 2012 // First quarter 2012 reported financial information indicates risk retention groups continue to exhibit financial stability. RRGs reported a $10 million net underwriting loss collectively, however, they also reported $49.8...
Jul 2 2012 // Department of Industrial Relations Director Christine Baker on Monday approved implementation of the 2012/2013 Alternative Security Program, freeing $6.17 billion in capital and giving self-insured California businesses...
Jul 2 2012 // European and Latin American insurance and reinsurance brokerage and risk consulting provider, MDS Group, announced the launch of HighDome PCC Ltd, a protected cell company, “to provide alternative risk financing...
May 21 2012 // Multistate regulation adds 26 percent on average to the expense ratio of a multistate commercial liability insurer. That’s compared to an insurer, such as a risk retention group, which only has to comply with a...
May 21 2012 // Buyers of commercial liability insurance pay on average 26 percent more in insurer expenses if their insurance company has to comply with regulations from multiple states instead of just a single regulator, according to...
May 8 2012 // Buyers of commercial liability insurance pay as much as 31 percent more in insurer compliance costs if their insurance company has to comply with regulations from multiple states instead of just a single regulator,...
May 2 2012 // A growing number of small businesses in New Jersey are self-funding or self-insuring their employees’ healthcare costs, and they are opting out of paying fixed premiums for traditional health insurance plans like...
Apr 25 2012 // The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) approved seven renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a...
Apr 16 2012 // North Carolina lawmakers have decided to postpone any major effort to reform the state’s automobile insurance market until next year citing the complexity of the subject and a lack of time due to a shorten...
Apr 12 2012 // Close to 3,000 medical professional liability claims were closed in Ohio in 2010, regulators report.The Ohio Department of Insurance’s annual Ohio Medical Professional Liability Closed Claim Report for 2010 showed a...