Five years into its ownership of York Risk Services, private equity firm Onex found its exit with a deal to sell the third-party administrator (TPA) to competitor Sedgwick for an undisclosed amount. Onex reportedly paid $1.3 billion to acquire York in 2014. The deal reinforces Sedgwick’s position as the nation’s largest TPA. Sedgwick itself is …
Applied Underwriters is on the market and in the process of being sold. More than a dozen internet addresses that it owns do not appear to be part of that …
Leadership at the Department of Industrial Relations is changing with the new administration of Gov. Gavin Newsom and calls are coming in for those changes to include a strong, new leader at Cal/OSHA. Workers’ Comp Executive’s sister publication, Cal-OSHA Reporter, documented a handful of scandals over just the past year, including the arrest of a …
The Ninth Circuit Court of Appeals agreed with Workers’ Comp Executive and rejected allegations by Applied Underwriters that advertising for a Workers’ Comp Executive webcast improperly used its Applied Underwriters’ …
The California Insurance Guarantee Association is entering a transition phase. Long-time executive director Wayne Wilson is heading towards retirement while his eventual replacement will come on board later this month to get up to speed on the California workers’ comp market. It wasn’t exactly a papal conclave but, after meeting in closed session the association’s …
Every year, as January rolls around the staff at Workers’ Comp Executive takes a moment to reflect upon the year that passed. We review the stories that made headlines last year and select those for closer inspection that made an impact. Some were “one and done” type events, while others developed a life of their …
EXCLUSIVE Grand Jury Convened – FBI Raids MEWA A here-to-fore undisclosed grand jury has been convened to investigate criminal charges against American Labor Alliance (ALA) and its officers. In addition, …
A state administrative law judge is taking official judicial notice of a federal Department of Labor letter that strips the American Labor Alliance of its union designation. ALA officials are …