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- Lower costs, varied successes
- The last few years have been good to workers' compensation insurers. For the first time in decades they financially performed on par with what Wall Street expects from corporate America. Between 2002 and 2005 workers' comp premiums rose sharply; though they have since declined somewhat. By one account, the...
- Research articles 2007-12-01
- Oklahoma Insurance Commissioner levies $400,000 fine against 11 AIG
- Oklahoma Insurance Commissioner Kim Holland announced Tuesday that a $400,000 civil penalty has been levied against 11 American International Group workers' compensation insurance companies, the largest such fine in state history. Agency communications director Marc Young said the AIG companies have already agreed to and paid the fine...
- Research articles 2007-03-21
- Florida reforms keep the heat on WC rates.
- Florida Insurance Commissioner Kevin McCarty's move to reduce workers' compensation rates by a statewide average of 5.1 percent hardly came as a surprise. After all, with the passage of reforms in 2003, the market is showing many signs of once again becoming competitive following several years...
- Research articles 2005-04-01
- Florida contractors to benefit from workers' compensation premium cuts.
- By Morris Fraser, Northwest Florida Daily News, Fort Walton Beach Knight Ridder/Tribune Business News Nov. 5--An additional 5.1 percent decrease in the rate for workers' compensation premiums will help contractors lower direct costs and cover more workers, according to the vice president...
- Research articles 2004-11-05
- Florida ups ante on rate decrease for workers compensation premiums.
- By David Sedore, The Palm Beach Post, Fla. Knight Ridder/Tribune Business News Oct. 28--The Florida Office of Insurance Regulation on Wednesday rejected a request for a 1 percent cut in workers compensation premiums statewide. Instead, state regulators want a 5...
- Research articles 2004-10-28
- Saudi government to privatize mining company, float shares in insurance firm
- RIYADH AFP ? The body in charge of economic reforms in oil-rich Saudi Arabia decided to privatize the state-owned mining company and float government shares in the country's main insurance firm. A meeting of the Supreme Economic Council SEC chaired by Crown Prince and de facto ruler Abdullah bin...
- Research articles 2004-05-18
- Indiana Plans to Drop National Worker's Comp Administrator.
- By Bill Theobald, The Indianapolis Star Knight Ridder/Tribune Business News Mar. 27--State officials are planning to end Indiana's relationship with a troubled national firm that helps provide worker's compensation coverage for companies that otherwise couldn't buy insurance. The...
- Research articles 2004-03-27
- SAUDI ARABIA: NATIONAL COMPANY FOR COOPERATIVE INSURANCE POSTS 415% GROWTH IN OPERATIONS SURPLUS.(Brief Article)
- According to Al-Watan newspaper (October 21, 2003), the National Company for Cooperative Insurance NCCI, the largest insurance company in the Kingdom of Saudi Arabia, posted a net insurance operations surplus of SR 178.7 million through the first three quarters of the current year compared with SR...
- Research articles 2003-10-23
- Time to face new realities
- New, compensable conditions enter the workers' compensation system from time to time, yet one millennia old condition is still not adequately accepted: post-traumatic stress disorder, or PTSD. Until it is, our workers' comp system serves as a doubtful shield against the ravages of PTSD. How individuals respond to...
- Research articles 2003-10-15
- Legislators Question Role of Boca Raton, Fla.-Based Statistical Services Group.
- By Jerome R. Stockfisch, Tampa Tribune, Fla. Knight Ridder/Tribune Business News Jun. 8--This year in the Florida Legislature, a bright spotlight shone on the National Council on Compensation Insurance, the Boca Raton-based statistical services organization. As lawmakers delved into...
- Research articles 2003-06-08
- New insurance catastrophe provisions effective in 32 states
- Employers may see a new fee on their workers' compensation insurance policies. A separate charge is now being added to cover terrorism. The Terrorism Risk Insurance Act, signed into law in December, requires insurers to notify policyholders the amount they're charged for possible losses due to terrorist attacks. Since workers'...
- Research articles 2003-03-17
- The soaring costs of workers' Comp: despite rigorous efforts to control costs and prevent accidents, employers still are experiencing staggering premium increases. Solutions are in short supply
- Dade Behring Inc., a $1.2 billion medical diagnostics manufacturer in Deerfield, Illinois, did everything right to keep its workers' compensation premium down. Still, its insurance bill soared a punishing 100 percent. Despite its efforts--shopping around for the best and cheapest insurance, demonstrating to insurers its commitment to curbing costs--the...
- Research articles 2003-02-01
- Document sciences and CCH insurance services form strategic partnership
- Document Sciences Corporation and CCH Insurance Services have announced a strategic partnership. Under the terms of the agreement, CCH will provide an electronic forms library service compatible with xPression, Document Sciences' universal content processing suite for the enterprise. The electronic forms library service should lower customer production costs, speed project...
- Research articles 2003-01-01
- Florida Insurers Seek 21.5 Percent Increase in Workers Compensation Rates.
- By Jeff Ostrowski, The Palm Beach Post, Fla. Knight Ridder/Tribune Business News Aug. 27--Florida's workers compensation insurers want a 21.5 percent rate hike next year. Saying claims by injured workers outpace premiums paid by employers, NCCI Holdings, the Boca...
- Research articles 2002-08-27
- NCCI.com; Award of Excellence in the Insurance Services category.(National Council on Compensation Insurance)(Brief Article)
- www.NCCI.com Owner/sponsor: National Council on Compensation Insurance, a Boca Raton, Fla.-based workers compensation data-collection and services organization. Launched in: July 1999. Target market: Intended audiences include underwriters, intermediaries, insurance buyers, workers compensation regulators as well as users...
- Research articles 2001-10-08
- Insureon.com Providing Internet Access for National Council on Compensation Insurance
- Business Editors & Insurance Writers PASADENA, Calif.--BUSINESS WIRE--Aug. 1, 2000 Brokers/Agents and Insurers to Benefit From E-Commerce for National Workers' Compensation Residual Market Program Insureon.comTM, the leading online exchange for business insurance, today initiates its new e-commerce service for the National Council on Compensation Insurance NCCI,...
- Research articles 2000-08-01
- Workers compensation rate cut requested
- The National Council on Compensation Insurance Tuesday requested a 0.5 percent rate decrease with more expected before a rate hearing tentatively set for Sept. 7. NCCI officials are expected to request a larger rate decrease after the Workers Compensation Court completes a reduction in medical costs. The Legislature...
- Research articles 2000-07-26
- Florida rated to rise 2.5 percent
- Sarkis, Karen Occupational Hazards 02-01-2000 Florida rated to rise 2.5 percent Byline: Sarkis, Karen Volume: 62 Number: 2 ISSN: 00297909 Publication Date: 02-01-2000 Page: 16 Type: Periodical Language: English Workers' comp rates in Florida will go up an average of 2.5 percent this year under an order signed...
- Research articles 2000-02-01
- NCCI, HNC Software Form Exclusive Relationship to Benefit Worldwide Workers' Compensation Market
- IRVINE, Calif.--BUSINESS WIRE--Oct. 20, 1999-- P&C Insurers Stand to Save Millions Through Improved Risk Management and Decreased Loss Costs Providing benchmarking tools to more accurately improve risk management and decrease loss costs is just one of many services now available to workers' compensation insurers through an exclusive...
- Research articles 1999-10-20
- Rate increase appears likely
- With ominous clouds gathering on Oklahoma's workers compensation horizon, area employers may expect a storm later this month that could ultimately bring the first rate hike in six years. Although a small rate hike is probable, though not guaranteed, it won't be one of the large hikes...
- Research articles 1999-09-15
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