Insurance | Page 24 of 27 | Workers’ Comp Executive | Workers’ Comp Executive

Menu

Fitch Affirms CIGNA Ratings; Outlook Stable

Fitch Ratings has affirmed the ratings on CIGNA Corp. and its lead operating subsidiary, Connecticut General Life Insurance Company. Fitch has also assigned an ‘A’ insurer financial strength rating to CIGNA Life Insurance Company of New York and CIGNA Worldwide Insurance Company. The Rating Outlook is Stable. Fitch’s ratings reflect CIGNA’s well-established competitive position in … Read More »

This content is only available to premium subscribers. Please login here log in

News Digest 8/10/2006

SCIF Management “Arrogant” Says Speier “Either they have too much money to spend, or they have something to hide,” says Jackie Speier about the management of the State Compensation Insurance … Read More »

Garamendi Announces Sentencing Of Rosamond Couple

California Insurance Commissioner John Garamendi has announced the sentencing of a Rosamond couple who pled guilty, prior to a jury trial, to workers’ compensation insurance fraud charges. Robert and Rosemary Bunch, both 56, were sentenced on July 28 in Kern County Superior Court. Each must serve 31 days in jail and pay a combined $106,000 … Read More »

This content is only available to premium subscribers. Please login here log in

News Digest 8/8/2006

State Fund to Hold 61 More Free Heat Seminars In San Francisco, the California State Compensation Insurance Fund announces that it has scheduled 61 additional free public “Heat Illness Prevention” … Read More »

State Fund To Hold 61 More Free Heat Seminars

In San Francisco, the California State Compensation Insurance Fund responds to the state’s heat wave by announcing that it has scheduled 61 additional free public “Heat Illness Prevention” seminars, in partnership with Cal/OSHA Consultation Service, to be held across the state. Since last year, State Fund has been conducting Heat Illness Prevention seminars across California; … Read More »

This content is only available to premium subscribers. Please login here log in

Seabright Announces New Senior Vp Of Field Operations

SeaBright Insurance Holdings, Inc. has announced that its subsidiary, SeaBright Insurance Company, a specialty underwriter of multi-jurisdictional workers’ compensation insurance, has promoted William O. Courtney to the position of Senior Vice President – Field Operations. In a press release, the company states that Courtney most recently served as the senior operational executive responsible for SeaBright’s … Read More »

This content is only available to premium subscribers. Please login here log in

W.R. Berkley Acquires Garnet Captive Services

Insurance holding company W. R. Berkley Corp. yesterday announced the acquisition of San Francisco-based Garnet Captive Services, LLC. Berkley Risk Administrators Company, LLC, will manage Garnet Captive, which provides alternative risk consulting and brokerage services, including captive insurance program services, primarily for workers’ compensation customers. Berkley Risk Administrators is a third party administrator of property … Read More »

This content is only available to premium subscribers. Please login here log in

Zenith Announces Second Quarter Results

Woodland Hills-based Zenith National Insurance Corp. has reported net income of $54.1 million, or $1.46 per share, for the second quarter of 2006 compared to net income of $46.4 million, or $1.26 per share, for the second quarter of 2005. Workers’ compensation net premiums earned decreased approximately 13.6 percent in the six months ended June … Read More »

This content is only available to premium subscribers. Please login here log in