SCF Arizona and Subsidiaries Assigned A- ‘Excellent’ By A.M. Best December 2, 2013 A.M. Best has assigned SCF Arizona and its wholly-owned subsidiaries an A- (Excellent) XII with a “stable outlook” rating. The...
N.Y. Settling Worker-Insurance Claims With AAA Issue: Muni Deals December 2, 2013 By Priya Anand and Freeman Klopott The New York Dormitory Authority is borrowing $370 million this week to repay workers’ compensation claims, the first sale under...
American Interstate Insurance, Silver Oak Casualty OK’d to Move to Nebraska December 2, 2013 Insurance Director Bruce Ramge has approved the two property/casualty insurance companies to domicile in Nebraska. American Interstate Insurance Co. and...
Jury Awards Missouri Worker $28M for Lung Damage November 26, 2013 A Laclede County jury has ordered a Missouri company to pay $28 million to a worker who claimed his lungs...
India-Based Company Fined $77K for Amputation Hazards at Arkansas Plant November 26, 2013 The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Welspun Tubular LLC in Little Rock, Ark., for...
NYS Workers’ Comp Board Presses On to Resolve Group Trust Liabilities November 26, 2013 The New York State Workers’ Compensation Board (WCB) is pressing on with its effort to resolve the liability problems stemming...
California Insurers Group: Jones Was Correct on WC Pure Premium November 26, 2013 California Insurance Commissioner Dave Jones was correct to recognize the increasing costs in the state’s workers compensation system when he...
Dallas Employers Face $97K in Penalties Following Forklift Deaths November 25, 2013 The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Georg Fischer Central Plastics LLC and Nationwide Plastics...
California Commissioner Favors Lower WC Premium Than Board November 25, 2013 California Insurance Commissioner Dave Jones adopted an advisory average pure premium rate of $2.70 per $100 of employer payroll for...
Illinois Roofing Company Fined $158K for Safety Hazards November 25, 2013 Affordable Roofing and Exteriors Inc. in Trenton, Ill., has been cited by the U.S. Department of Labor’s Occupational Safety and...