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A.M. Best Affirms St. Paul Travelers Insurance Cos.’ A+ Rating

A.M. Best Co. has affirmed the financial strength rating of “A+” (superior) and issuer credit ratings of “aa-” of St. Paul Travelers Insurance Companies and its property/casualty members. Concurrently, the ratings bureau has affirmed the debt ratings of “a-” on senior debt, “bbb+” on subordinated debt, “bbb” on trust preferred securities, “bbb” on preferred stock … Read More »

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A.M. Best Affirms Argonaut’s ‘A’ Rating

Ratings bureau A.M. Best Co. yesterday affirmed the financial strength rating of “A” and the issuer credit ratings of “a” for the Argonaut Insurance Group, of San Antonio. A.M. Best also has affirmed the issuer credit ratings of “bbb” of Argonaut Group Incorporated, revising the outlook for the above ratings to stable from negative. A.M. … Read More »

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Bay State Comp Costs’ Upward Trend Slows: Study

Costs per workers’ compensation claim rose 8 percent for claims evaluated mid- 2004 with an average of 12 months’ maturity, according to a new study by the Cambridge, Mass-based Workers Compensation Research Institute. That’s in contrast to the more rapid annual growth of 9 to 11 percent in the two prior years. An increase in … Read More »

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A.M. Best Affirms Safeco Rating

A.M. Best Co. has affirmed the financial strength rating of “A” and the issuer credit ratings “a+” of the Safeco Insurance Companies, of Seattle. The ratings bureau has also affirmed the debt ratings of “bbb+” and “bbb” of Safeco’s existing senior debt and capital securities, respectively. Concurrently, A.M. Best has affirmed the ICR of “bbb+” … Read More »

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DWC Asks Injures Workers, Docs to Participate in Study

The California Division of Workers’ Compensation is asking injured workers and physicians to take part in the first annual study about access to medical care in the workers’ compensation system. Researchers began collecting data from physicians in April and began surveying injured workers this month. The study, sponsored by the DWC, is being conducted by … Read More »

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SCI Renews Secondary Program with Providence

Professional employer organization SCI announces that it has renewed its secondary workers’ compensation program with insurance carrier Providence Property & Casualty Insurance Company. The program is effective April 30, 2006, through April 30, 2007. SCI arranges workers’ compensation coverage, provides risk management and manages claims for its clients and their employees as part of its … Read More »

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SCI Renews Secondary Program with Providence (2)

Professional employer organization SCI announces that it has renewed its secondary workers’ compensation program with insurance carrier Providence Property & Casualty Insurance Company. The program is effective April 30, 2006, through April 30, 2007. SCI arranges workers’ compensation coverage, provides risk management and manages claims for its clients and their employees as part of its … Read More »

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DWC to Hold Free Spanish-Language Seminar

The California Division of Workers’ Compensation is planning to conduct a free Spanish-language seminar on workers’ compensation benefits and laws in Salinas on April 26. Although the seminar is intended for employees who have recently filed a workers’ compensation claim, it is open to the public. At the seminar, employees will get information on medical … Read More »

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