Latest Self Insured Headlines
All the headlines from our Self Insured Topic Page, ordered by recency.
Texas Approves 10 Companies to Self-Insure for Workers’ Comp
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...
CRM First Quarter Reflects Self-Insured Group Closings in N.Y.
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...
Time to Expand Risk Retention Law to Property
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...
Risk Retention Groups Could Add Property Coverage Under Bill in Congress
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...
A.M. Best Withdraws Ratings of Public Entities’ Risk Group in Vermont
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...
Legislation to Expand Liability Risk Retention Act Introduced into Congress
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...
12 Companies OK’d to Self Insure for Workers’ Comp in Texas
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...
Calif. School Risk Pool Wins $4.66 Million WC Verdict from ESIS, Inc.
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...
Officials Question Rates for N.C. High Risk Pool ‘Clean Risks’
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...
13 Companies Approved to Self-Insure for Workers’ Comp in Texas
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...
Fault Lines in N.Y. Workers’ Compensation
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...
N.Y. Board Seeks Major Change in Workers Comp for Self-Insured
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...
S.C. Places Capital Assurance Risk Retention Group in Receivership
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...
Washington Medical Malpractice Claims Decreasing
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...
People
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...
Texas Renews 13 Companies to Self-Insure for Workers’ Comp Claims
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’...
S. D. Task Force Recommends Insurance Risk Pool
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...
Contreras to Serve as VP of National Construction Insurance Services
Sep 11 2007 // Lindsay Contreras has been named vice president of Dallas-based National Construction Insurance Services, a member of Texans Insurance Group. NCIS is the MGA for the SIA Insurance Company RRG Ltd., a Bermuda-based risk...
Wash. Medical Malpractice Rules Outline Reporting Requirements
Aug 7 2007 // Regulations designed to provide guidance to insurers, providers, attorneys and claimants on complying with Washington’s new Health Care Liability Reform Law have been implemented, according to the Office of the...
Maine Gov. Baldacci Signs Bill Allowing Dirigo to Self-Insure
Jun 29 2007 // Gov. John Baldacci this week signed into law a bill that authorizes Maine’s Dirigo Health program to self-insure. But it doesn’t mean that will happen overnight, or even anytime soon. For now, the...
