DERIDDER, La., /PRNewswire/ — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of high hazard workers’ compensation insurance, today announced that C. Allen Bradley, Chairman and Chief Executive Officer, and G. Janelle Frost, Chief Financial Officer, will present at the 10th Annual JMP Securities Research Conference. The event will be held May 9 – 11, 2011… [Read more]
Workers' Compensation
Mainstay Business Solutions De-certified as a Self Insurer, Workers’ Comp Clients Must Secure Another Insurer
Sacramento, CA – Employers who secure workers’ compensation for their workforce through Mainstay Business Solutions are urged to immediately secure another source of coverage after the Department of Industrial Relations revoked Mainstay’s certificate of consent to self insure due to Mainstay’s inability to pay benefits to injured workers. Mainstay’s existing workers comp claims are now… [Read more]
SeaBright Holdings Reports First Quarter 2011 Results
SEATTLE–(BUSINESS WIRE)–SeaBright Holdings, Inc. (NYSE: SBX) today announced results for the quarter ended March 31, 2011. For the first quarter of 2011, the Company recorded net income of $0.2 million or $0.01 per diluted share compared to $7.6 million or $0.35 per diluted share for the same period in 2010. Total revenue for the quarter… [Read more]
Delphi Financial Reports First Quarter 2011 Earnings
WILMINGTON, Del.–(BUSINESS WIRE)–Delphi Financial Group, Inc. (NYSE: DFG) announced today that its operating earnings (1) in the first quarter of 2011 were $51.5 million or $0.91 per share, compared to $46.3 million or $0.84 per share in the first quarter of 2010. Annualized operating return on beginning equity (2) in the first quarter of 2011… [Read more]
AIA Testifies in Support of Workers’ Compensation Reform in North Carolina
ASHINGTON, D.C., – The American Insurance Association (AIA) was the only insurance trade to testify recently before the North Carolina House Select Committee on Tort Reform in support of HB 709, legislation that would impact important aspects of the Workers’ Compensation Act. The bill, introduced earlier this month by North Carolina’s business community, would provide… [Read more]
NFIB and EMPLOYERS® Expand Workers’ Compensation Program
RENO, Nev.–(BUSINESS WIRE)–The National Federation of Independent Business (NFIB) today announced it has extended discounted workers’ compensation coverage benefits to its members in Indiana, North Carolina, Virginia and Missouri through EMPLOYERS®, America’s small business insurance specialist®. EMPLOYERS currently offers NFIB members discounted workers’ compensation coverage in 10 states with plans to expand the program to… [Read more]
One Call Medical Acquires Diagnostics Plus
Parsippany, NJ – One Call Medical (OCM), the nation’s leading provider of specialty services to insurance payers, today announced its acquisition of Diagnostics Plus, a provider network for advanced radiology and electrodiagnostic services, including MRIs, CT scans, and electromyography (EMG). From One Call Medical’s portfolio of value-added specialty claims services, this acquisition solidifies its network… [Read more]
Jopari Solutions Applauds CA DWC eBilling Rule Release
CONCORD, Calif. /PRNewswire/ — The announcement on Tuesday by the California DWC that the much anticipated eBilling rules have now been signed into existence not only is an opportunity for providers and payers to more effectively manage medical billing processes, but also represents a number of years of collaboration between a wide array of stakeholders,… [Read more]
CA Insurance Commissioner Announces Conservation & Rehabilitation of Majestic Insurance Co.
Insurance Commissioner Dave Jones announced today that Majestic Insurance Company (“Majestic”) has been placed into conservation by order of the San Francisco Superior Court to protect the company’s policyholders and the injured workers covered under Majestic’s workers’ compensation policies. The Commissioner has simultaneously filed a motion seeking approval for a proposed rehabilitation plan designed to… [Read more]
WCIRB Report on Fourth Quarter 2010 Insurer Results Released
San Francisco, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) announced today that it has completed its report summarizing insurer loss and premium experience through December 31, 2010. The report is based on data reported by insurers who wrote roughly 99% of the statewide market. Highlights from the report include: California written… [Read more]