RENO, Nev., /PRNewswire/ — The Nevada Restaurant Association (NvRA) has officially named EMPLOYERS®, America’s small business insurance specialist®, its preferred provider for workers’ compensation insurance for its members. NvRA selected EMPLOYERS because of its strong presence in Nevada, and its focus and expertise as a specialty writer of workers’ compensation insurance for small businesses. As… [Read more]
Workers' Compensation
Missouri Business Leaders Urge Tort, Workers’ Comp, Employment Law Reforms
(Insurance Journal) Business leaders in Missouri are asking state lawmakers for reforms that they say will help protect and create jobs. Among the priorities, which proponents are calling “Fix the Six,” are bottom-line issues for Missouri employers: employment law reform, workers’ compensation reform, tort reform, unemployment insurance reform, franchise tax cap… SOURCE: Insurance Journal Read… [Read more]
State Fund Appoints Two New Executive Officers
SAN FRANCISCO, Jan. 21, 2011 /PRNewswire/ — State Compensation Insurance Fund announced today the appointments of a new Chief Risk Officer and Chief Financial Officer, completing the search to fill remaining vacancies on its executive team. Ken Van Laar was selected as the new CRO, while Daniel J. Sevilla, Jr., who has served in an… [Read more]
Mark Phelan Hired as Chief Sales and Marketing Officer at Progressive Medical, Inc.
COLUMBUS, Ohio, Jan. 21, 2011 /PRNewswire/ — Progressive Medical, Inc., a leading pharmacy benefit manager and ancillary services provider focused on the workers’ compensation and no-fault auto industries, has hired Mark D. Phelan as chief sales and marketing officer. Phelan will be responsible for integrating Progressive Medical’s sales and service philosophy into all aspects of… [Read more]
InsurCard Selects Visa as Preferred Brand for Distribution of Insurance Claim Payments
SAN FRANCISCO–(BUSINESS WIRE)–Visa Inc. (NYSE: V) and InsurCard, a wholly owned subsidiary of Service Network Design, LLC (SND), today announced an agreement naming Visa as InsurCard’s preferred brand for the delivery of payment for insurance claims. InsurCard provides the insurance industry with card-based solutions for the payment of claims, expanding the penetration of electronic payments… [Read more]
MyMatrixx Expands Workforce Development with Industry Expert
Tampa, FL (Vocus/PRWEB) – myMatrixx announces that Christy Foster has joined the company as Director of Talent. Ms. Foster brings more than 10 years of experience within the realm of recruitment, employee relations, training and benefits for the service and entertainment industries. She will be responsible for continuing our focus as a customer centric organization… [Read more]
Nevada Lowers Workers’ Comp Costs 3.9%
(Insurance Journal) – Nevada Insurance Commissioner Brett Barratt has approved a filing for an average decrease of 3.9 percent for Nevada workers’ compensation voluntary insurance loss costs and an average decrease of 2.2 percent for workers’ compensation insurance assigned risk rates. Loss costs are the expected costs of medical and wage loss benefits including… SOURCE:… [Read more]
Bolt Insurance Agency Leverages SeaPass’s Insurance Portal Technology to Power InsuranceEdge.com, the Industry’s First National Direct to Consumer Real-Time Commercial Lines Portal
NEW YORK–(BUSINESS WIRE)–BOLT Insurance Agency (www.boltinsurance.com), a technology enabled eAgency, and SeaPass Solutions, Inc. (insuranceportal.seapass.com), a leading independent provider of web-based insurance distribution solutions to the property and casualty (P&C) insurance industry, today announced that BOLT has deployed SeaPass’s Insurance PortalTM 3.0 to enable InsuranceEdge (www.insuranceedge.com), an easy-to-use integrated offering announced by American Express OPEN… [Read more]
Employers Holdings Announces Management Change
RENO, Nev., Jan. 19, 2011 /PRNewswire/ — Employers Holdings, Inc. (NYSE: EIG) announced today that the Company and Martin J. Welch have mutually agreed to the separation of his employment as the Chief Operating Officer and President of Employers Insurance Company of Nevada and the Company’s other subsidiaries, effective February 1, 2011. At the present… [Read more]
New NCCI Workers’ Compensation Financial Update Newsletter Published
The decline in net written premiums for workers compensation is projected to continue this year, according to NCCI’s latest Financial Update newsletter. Among other findings: The net combined ratio for workers compensation is projected to show little change in 2010 On average, the approved WC bureau rates/loss costs decreased in 2010 Residual market premium continues… [Read more]