Search for: "Workers' Compensation Reinsurance Association"
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23 Jul, 2007 7:16 am
... St. Paul Business Journal reported in its July 20, 2007 edition that the Minnesota Workers' Compensation Reinsurance Association and the Minnesota Workers' Compensation
Insurers Association filed suit against American International Group Inc. on July ... suit filed in United States District Court for the
District of Minnesota alleges that New York-based AIG understated its workers' compensation business in Minnesota for the past 22 years,
in order to avoid paying part of a collective statewide fund ...
24 Aug 9:15 am
... . ("NCCI") had standing to assert claims involving a National Workers Compensation Reinsurance Pool ("Pool"). The Pool is an unincorporated active association that provides an insurance company with
a means of complying with residual market requirements. ... a contract stating that the NCCI is the administrator and would allow NCCI to "execute the quota share reinsurance contracts on behalf of the pariticpating companies" as well as performing all accounting, actuarial and administrative functions. ...
31 Oct, 2008 4:56 pm
... underwriting organizations, whether referral or concerted refusals not serve outside the JUA, constitute the business of insurance. Workers' compensation rating organizations, health maintenance organizations and health-maintenance look-alike programs are all ... improve the market and benefit
consumers. In particular, information sharing and agreements on co-insurance and reinsurance were generally considered efficient and
legitimate, depending on the circumstances of each agreement. The OECD found ...
4 Jan, 2008 12:31 am
... commissioner's authority "to override the rate cap when consideration of the 'predicted hurricane losses and the costs of catastrophe reinsurance' require it" under § 5 (b). By reinforcing the power of the Commissioner to approve insurance rate increases and decreases over the objection of
the Attorney General, the decision may indicate how similar disputes concerning areas of insurance, such as workers' compensation and
automobile, may be decided. A full copy of the decision is available here.
11 Jun 1:24 am
... ended April 30, 2009 with the prior twelve month period. The fastest growing line of insurance for the period was workers compensation insurance, where total premiums increased 22.1%. Automobile insurance remains the largest sector in ... de Valores y Seguros, has recently
published a new draft regulation governing the authorization of insurers and reinsurers in the country, as well as the establishment of local offices by foreign companies. In
particular, the draft regulation revises the existing ...
2 Apr 9:47 am
... to those unable to obtain insurance in the voluntary market; (4) State laws that provide for compulsory coverage of workers' compensation or motor vehicle insurance; and (5) Participation in state guaranty funds. Pursuant to NICPA, the ... Insurance Association, The Council of Insurance Agents & Brokers and Reinsurance Association of America, as well as opposition from The Property Casualty Insurers Association of America. We will
continue to follow this matter and provide further updates on ...
14 Dec, 2007 12:14 am
... Case and Allen & Overy -- constitutes something of a foreign invasion. Insurance Company Reinsurers off Hook for 'Long-Tail Liabilities' New Jersey Law Journal ...
immediately arrested. Ex-Tyco Counsel Sues to Get Paid $870,000 The Associated Press A lawyer who worked for Tyco while two top executives were looting ... Mark Swartz of theft.
Prosecutors say the two amassed millions of dollars from unauthorized compensation and stock manipulation, used to finance lifestyles that
included Kozlowski's $6 ...
19 Jun, 2007 4:18 am
... S. § 215.555(2)(c), for a portion of their catastrophic hurricane related losses. The Fund, in effect, provides reinsurance coverage for
insurers of residential property in Florida. A "covered policy" is any insurance policy, issued by an authorized insurer ... This assessment applies to all property and casualty lines
of business except accident and health insurance, workers' compensation insurance, medical malpractice insurance, and policies written
under the National Flood Insurance Program. The ...
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