• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • WCW HOME
  • Submit a Wire!
  • Advertising
  • Media Partners
  • About
  • Contact Us

WorkCompWire

Your Trusted Source for Workers Compensation News

Enlyte
  • Workers Compensation News
    • Workers Compensation Industry News
    • Association, Rating & Research News
    • Claims, Legal, & Compliance News
    • Legislative & Regulatory News
    • Risk Management News
    • Work Force & Human Resource News
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • People On The Move

IWIF Launches New Name, New Structure as Chesapeake Employers’ Insurance Company

September 30, 2013 - WorkCompWire

Towson, MD – On October 1, IWIF, Maryland’s largest provider of workers’ compensation insurance, will launch a new name and corporate structure. As a result of legislation passed by the Maryland General Assembly in 2012, IWIF will become Chesapeake Employers’ Insurance Company and cease to be an independent state agency.

Chesapeake Employers will become a non-stock, not for profit, private insurance company authorized to sell workers’ compensation insurance in Maryland only. The Governor of Maryland will continue to appoint the Board of Directors for Chesapeake Employers.

IWIF’s preeminent role in the workers’ compensation market in Maryland is reflected in the 23% market share it holds for workers’ compensation insurance in the state, far ahead of its competitors. More than 20,000 Maryland employers insure with IWIF. The company, which has assets of more than $1.8 billion, employs more than 375 insurance professionals in Maryland and works with more than 1,400 independent insurance agents.

Thomas Phelan, CPA, President and CEO of Chesapeake Employers, said: “Although IWIF’s name is changing, everything that Maryland employers and their employees have come to expect of us will remain unchanged, especially our expertise in workers’ compensation insurance and our commitment to creating safer workplaces. Looking forward, we will mark our steadfast commitment to Maryland employers and employees as we celebrate our 100th anniversary in 2014.”

Source: IWIF

Filed Under: Industry News, Top Stories, Workers' Compensation

Primary Sidebar

Get Our Free Newsletter:

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: WorkCompWire.com, PO Box 1114, Culver City, CA, 90232, http://www.workcompwire.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

myMatrixx

Paradigm

One Call

Triton

Follow Us on Twitter

Tweets by WorkCompWire

Workers Compensation News Topics

  • Top Stories
  • Featured Articles
  • Leaders Speak
  • Editor’s Forum
  • The RxProfessor
  • Industry News
  • Association, Rating & Research News
  • People On The Move
  • Claims, Legal, & Compliance News
  • Legislative & Regulatory News
  • Risk Management News
  • Work Force & Human Resource News
  • Workers’ Compensation

Wire Archives

Copyright WorkCompWire © 2023