A state lawmaker says Illinois should pull state-owned vehicles off the road during its budget stalemate unless money is appropriated to self-insure them. Republican state Rep. Bill Mitchell of Forysth says one of his constituents was involved in a collision …
New Mexico’s commuter rail service has received a free ride while taxpayers have shelled out nearly $8 million to settle damage claims against the Rail Runner Express, according to state records. The Rail Runner, until last month, didn’t pay premiums …
The Texas Division of Workers’ Compensation (DWC) approved 12 renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the DWC Self-Insurance Program. These companies collectively employ approximately 36,678 employees in …
The Texas Department of Insurance-Division of Workers’ Compensation has approved 11 companies self-insure for workers’ compensation claims. To qualify, a company must have a minimum workers’ compensation insurance unmodified manual premium of $500,000 and meet other requirements subject to annual …
Oregon insurance regulators say they’ve stopped moving to decertify a workers’ compensation self-insurance trust after the group increased its security deposit. The Department of Consumer and Business Services said Monday that the Oregon Employers Trust Inc. submitted a letter of …
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 enough to include all medical malpractice policies in Rhode …
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 services including self insurance facilities, access to reinsurance markets, and …
W. R. Berkley Corp.has formedBerkley Public Entity Managers, LLC, which will offer coverages to self-insured public entities — individual and groups. Berkley Public Entity Managers will underwrite on behalf of W. R. Berkley Corp. member insurance companies and will be …
Illinois Workers’ Compensation Commission Chairman Mitch Weisz has made two new appointments to the Illinois Self-Insurers Advisory Board: David Henwood of CCMSI, a risk management company in Danville, and Deborah Stafford, of Archer Daniels Midland in Decatur. Weisz also renewed …
Hartford is trying to recapture its status as the nation’s insurance capital by drawing in a specialized insurance business that is finding a home elsewhere. Since the 18th century, Hartford — home to Aetna Inc., Cigna, The Hartford, Travelers Cos. …
