Register for a free trial!
Call or email us anytime
(805) 484-0333
Search Guide
Today is Monday, April 15, 2024 -

SEARCH RESULTS

109 Results

Audit: CRM Underestimated Trust Deficit More than 15-Fold

07/13/2009
An independent audit commissioned by the New York group self-insured trust administrator tapped to take over the healthiest trust managed by Compensation Risk Managers CRM estimates a 62.2 million deficit more than 15 times what CRM reported last September. FCS Administrators assumed control

Category: News

Weiss Leaving SWCB with Legacy of Reform

06/15/2009
prescriptions and durable medical equipment. But he garnered the most attention for his ongoing fight with the managers of some of the state's group self-insured trusts. After filing administrative charges against Poughkeepsie N.Y.-based Compensation Risk Managers CRM in April 2008 over their accounting

Category: News

CRM Faked Messages on Yahoo Finance to Create Positive Spin

03/25/2009
Attorneys for CRM Holdings have referred evidence to the U.S. Securities and Exchange Commission SEC that former Chief Executive Officer Daniel G. Hickey Jr. ordered the company's top officers to hire a public relations firm to post fake messages on the CRM message board operated by Yahoo Finance

Category: News

Group Trusts Still Struggling While Task Force is MIA

03/02/2009
includes the closed First Cardinal Trusts and others surrendered by Compensation Risk Managers CRM a Poughkeepsie N.Y.-based trust manager that withdrew from the market last September. CRM reached a settlement with Weiss last spring and agreed to surrender its trusts and its third-party

Category: News

N.Y. Comp Chair Touts Impact of Reforms

12/15/2008
Consolidated Risk Managers CRM alleging the Poughkeepsie N.Y.-based company had underreported claims and mishandled the finances of some of the eight trusts it ran in New York. CRM ultimately settled the administrative action and agreed to surrender control of its remaining trusts and its third-party

Category: News

CRM Draws Second Suit in Group Trust Default

12/04/2008
Ten former members of the Wholesale and Retail Workers' Compensation Trust of New York filed suit against Compensation Risk Managers CRM late last month alleging the company mishandled the trust before it defaulted and left deficits totaling 19 million. CRM's Bermuda-based parent CRM Holdings

Category: News

Former N.Y. Trust Members Sue CRM

11/07/2008
Two New York City supermarkets and a restaurant caught up in the problems of a group self-insured trust formerly run by Compensation Risk Managers CRM have sued CRM to collect more than 218000 in assessments ordered beginning last year to pay injured workers' claims. RBG Management Corp

Category: News

Newspaper Reports CRM Trusts Paid Double for Reinsurance in N.Y.

10/21/2008
reported Sunday. The newspaper's analysis of 59 group self-insured trusts in the troubled New York market showed that Compensation Risk Managers CRM charged the eight trusts it managed far more for reinsurance than other trusts did between 2003 and 2006. CRM bought some of the reinsurance for those

Category: News

CRM Files Preemptive Strike in Ongoing Comp Board Fight

10/07/2008
CRM Holdings has asked the New York Supreme Court to issue a preemptive decision declaring that its New York group self-insured trust management subsidiary did not mishandle the eight trusts it ran before surrendering its license to the State Workers' Compensation Board SWCB last month. CRM

Category: News

CRM Most Fined in N.Y., Poughkeepsie Newspaper Reports

09/16/2008
Compensation Risk Managers CRM drew more fines from the New York State Workers' Compensation Board SWCB in three years than all of New York's other group self-insured trust managers combined the Poughkeepsie Journal reported Sunday. CRM a subsidiary of Bermuda-based CRM Holdings has been

Category: News

Start | < Previous | 5 6 7 8 9 10 | Next > | End

Advertisements

Advertise with us

Now Trending

Jobs

Upcoming Events

  • May 5-8, 2024

    Risk World

    Amplify Your Impact There’s no limit to what you can achieve when you join the global risk managem …

  • May 13-15, 2024

    NCCI's Annual Insights Symposi

    Join us May 13–15, 2024, for NCCI's Annual Insights Symposium (AIS) 2024, the industry’s premier e …

  • May 13-14, 2024

    CSIA Announces the 2024 Annual

    The Board of Managers is excited to announce that the CSIA 2024 Annual Meeting and Educational Con …

Workers' Compensation Events

more

Social Media Links


WorkCompCentral
c/o Business Insurance Holdings, Inc.
PO Box 1010
Greenwich, CT 06836
(805) 484-0333