All the headlines from our Self Insured Topic Page, ordered by recency.
May 3 2021 // With recent predictions that the hardening of the commercial insurance market will continue beyond 2021, corporate insurance buyers are exploring all means of mitigating the adverse impact of limited insurer capacities and...
Mar 17 2021 // Minneapolis will have to look beyond its insurance fund to pay out the $27 million settlement to George Floyd’s family over his killing by police last year.The settlement, one of the largest pre-trial payments for...
Dec 11 2020 // Initial data on fiscal year 2019/2020 public self-insured claims experience in the California workers’ compensation system show claim volume fell 6.4% compared with the prior year, but medical-only claims accounted...
Nov 20 2020 // The Kentucky Associated General Contractors Self-Insurers’ Fund, a workers’ compensation insurance provider in the state of Kentucky, will return more than $18.5 million, including special fund tax...
Nov 19 2020 // Today’s Lloyd’s of London market for casualty insurance is marked by rising prices, reduced capacity, and buyers embracing more self-insurance, according to underwriters at Lloyd’s.It is also marked by...
Nov 16 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
Nov 5 2020 // The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best...
Jul 21 2020 // California Division of Workers’ Compensation Administrative Director George Parisotto has appointed Jill A. Dulich to serve as a member of the Workers’ Compensation Ethics Advisory Committee.Dulich will fill...
Jul 13 2020 // California workers’ compensation private self-insured claim frequency was relatively stable in 2019 as the incidence of medical-only and lost-time claims registered only marginal declines after increasing in 2017 and...
Jul 7 2020 // The Vermont Superior Court for Washington County has placed Global Hawk Insurance Company Risk Retention Group (Global Hawk RRG) into liquidation as of June 8, 2020.The liquidation is being handled by the Vermont...
Jun 15 2020 // Do I need an umbrella policy or an excess policy? Is there a difference and does anyone care?There are a few reasons that an insured may need (or want) more liability coverage than certain policies will provide. The limits...
Jun 1 2020 // Lilian A. Vanvieldt, senior vice president, educational entities practice leader, for Alliant, has spent more than three decades insuring schools across the country. Her book spans from small school districts to very large...
Mar 13 2020 // Risk manager Mark Resler has been appointed to the Florida Self Insured Guaranty Association (FSIGA) by Florida Chief Financial Officer (CFO) Jimmy Patronis, according to a statement from the Florida Department of...
Feb 10 2020 // Pamela Davis, president, founder and CEO for the Nonprofits Insurance Alliance (NIA), is on a mission to help nonprofits be successful at their mission by ensuring insurance is affordable and available.She started the...
Jan 6 2020 // A group that insures local governments across Iowa is going to court to try to block the state auditor from reviewing its spending, including on board members’ travel to out-of-state vacation destinations.The Iowa...
Dec 16 2019 // A new study on California workers’ compensation shows the cost of self-insurance is 14% to 28% less than a traditional workers’ comp policy.It should be noted that the study was commissioned by the California...
Dec 5 2019 // A new study on California workers’ compensation shows the cost of self-insurance is 14% to 28% less than a traditional workers’ comp policy.It should be noted that the study was commissioned by the California...
Aug 2 2019 // AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Minnesota Lawyers Mutual Insurance Co.,...
Jul 30 2019 // The board of the California Self-Insurers’ Security Fund has approved the 2019/20 Alternative Security Program.The ASP provides a financial backstop to replace security deposits required to collateralize self-insured...
Jul 19 2019 // Workers’ compensation claim frequency reported by private self-insured employers in California rose last year, as the incidence of both indemnity and medical-only claims rose from the 2017 levels, the California...