Today is
Thursday, April 25, 2024 -
SEARCH RESULTS
109 Results
Agents' Liability Opens New Chapter in N.Y. Trust Debate
08/25/2008
CRM has settled with SWCB over attempts this spring to revoke its third party administrator's license and drive it out of the business of managing group self-insured trusts. CRM agreed instead to surrender its license and control of its five remaining trusts by Sept. 8. It ran eight of the trusts
Category: News
'Pay-As-You-Go' PIANY Plan Focused on Small Business
08/22/2008
.
Compensation Risk Managers CRM will surrender control of its five remaining trusts and its third-party administrator's license by Sept. 8 based on its settlement in a license revocation action initiated by the New York State Workers' Compensation Board. CRM managed eight trusts in all. Of the remaining 50
Category: News
N.Y. Group Says Trusts Will Prosper in New Regulatory Environment
08/18/2008
addressing months of tumultuous developments in the industry that saw Compensation Risk Managers CRM agree to surrender its third-party administrator's license and turn over control of its five remaining trusts to the New York State Workers' Compensation Board SWCB.
Last week saw First Cardinal the
Category: News
CRM : First Cardinal Dissolutions Confirm Condition of Trust Market
08/15/2008
Compensation Risk Managers CRM which is withdrawing from the group self-insured trust market said Thursday the decision by 11 trusts administered by rival First Cardinal to dissolve underscores CRM's contention that the market and not mismanagement is to blame for the trouble with failed
Category: News
Eleven First Cardinal Trusts Vote to Dissolve in N.Y.
08/13/2008
better than one quarter of the group self-insured trusts in New York.
The trust market shrank significantly this year with an agreement by Compensation Risk Managers CRM to surrender the last five of its trusts to the SWCB by Sept. 8 along with its third-party administrator's license. CRM signed the
Category: News
Deficits for One Failed N.Y. Trust Reached $91.5 Million
08/11/2008
Total deficits for one of eight group self-insured trusts formerly run by Compensation Risk Managers CRM reached 91.5 million before it closed in 2006 and the cash to pay injured workers from another failed trust will run out in five months the Poughkeepsie Journal reported Friday.
The
Category: News
CRM Says Group-Trust Troubles Nearing an End, but Probe Continues
08/07/2008
triggered by trust failures.
"I am pleased to tell you that we are through most of those transitional issues as we exit the New York trust market" Daniel H. Hickey Jr. chairman and CEO of CRM Holdings said during a conference call with investors and analysts held in conjunction with release of its
Category: News
N.Y. Comp Board To Sue Members of Four Failed Trusts
07/23/2008
Healthcare Facilities trust.
The remaining eight trusts that shut down were managed by Compensation Risk Managers CRM which has agreed to surrender its remaining trusts and exit the market in September.
Keegan said the board has decided not to take action against members of the CRM trusts at this point
Category: News
N.Y. Judge Issues Split Decision in Group-Trust Fight
07/09/2008
to pay off. That action came during an ongoing investigation of trust manager Compensation Risk Managers which managed eight of the 12 failed trusts. CRM has since agreed to turn over control of its last five trusts by Sept. 8 surrender its third-party administrator's license and get out of the
Category: News
N.Y. Trust Overhaul Mostly Draws Praise
06/26/2008
advisory panel of trust administrations and trust members to map out the plan for the regulatory overhaul due next February.
But she said a provision aimed at trust manager Compensation Risk Managers CRM which agreed to surrender its license in September will affect other members of her association
Category: News
Advertisements
Now Trending
- Workers' Compensation News
-
Calif. DWC
Launches Portal for QME…
Posted on Apr 24, 2024Dr. Ron Perelman says: “The problem is that most QMEs are older docs. Many are semiretired.…”
-
Calif. DWC Updates
Time-of-Hire…
Posted on Apr 23, 2024
-
Calif. WCIRB
Approves Recommendation for 0.9%
Rate…
Posted on Apr 18, 2024
-
Calif. Committee
Passes Bill to Expand 4850…
Posted on Apr 22, 2024
-
Calif. Committee
Passes Bill to Revise Poster…
Posted on Apr 19, 2024
-
Calif.
Appropriations Committee Places TD
Bills on Suspense…
Posted on Apr 24, 2024
-
Calif. Cal/OSHA
Cites Construction Company $371,100
for Fatal Trench…
Posted on Apr 22, 2024
-
Ore. Worker Can
Request Examination if Carrier
Supports Claim Denial With IME…
Posted on Apr 22, 2024
-
Minn. Supreme
Court Upholds Award to Social
Worker for…
Posted on Apr 19, 2024
-
Ark. Worker Not
Entitled to Additional Benefits
After Date of…
Posted on Apr 22, 2024
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 …
Social Media Links
WorkCompCentral
c/o Business Insurance Holdings, Inc.
c/o Business Insurance Holdings, Inc.
PO Box 1010
Greenwich, CT 06836
(805) 484-0333
Greenwich, CT 06836
