Workers’ Comp Reinsurance Debacle Specifics

CARSON CITY, NEVADA -- The ripples from the Unicover Managers Inc. workers' comp reinsurance pool debacle keep widening and multiplying.Already the workers' comp reinsurance market is tightening, some say, and more lawsuits are being filed. The lawsuits and the unexpected losses recently recorded by Cologne Life Reinsurance Co. indicate that primary insurers intentionally wrote business at losing rates passing the burden on to the reinsurance market.Insurance departments in various states, including Calif