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A.M. Best Upgrades, Assigns Ratings to Majestic
11/17/2006
ratings of "a-" to Twin Bridges of Hamilton Bermuda. A.M. Best also assigned an issuers credit rating of "bbb-" to CRM Holdings Bermuda and its downstream holding company CRM USA Holdings of Delaware.
The announcement came two days after CRM Holdings confirmed it had completed the purchase of
Category: News
DIR Approves $6.17 Billion to Cover Self-Insured Deposits
07/03/2012
that the groups in California are not mature enough for an accurate financial rating which is the basis of determining eligibility.
We would need a course of action to get that rating Burgess said. Something could be set up in the long term.
When Compensation Risk Managers CRM had to close
Category: News
Group Trusts May Rebound Despite Dismal Report
08/27/2007
.
Administrators such as CRM Holdings Ltd. are counting on that help.
CRM which is publicly traded and operates primarily in New York and California administers seven trusts in New York six of which were recently listed as underfunded. Three of them were added to the underfunded list since June.
In
Category: News
N.Y. Regulators Shutting Down Five More CRM Trusts
04/02/2008
York State Cemeteries Trust on March 31 and the Wholesale & Retail Workers' Compensation Trust of New York on April 29.
All five are managed by CRM based in Poughkeepsie N.Y. with additional operations in California. CRM is part of Bermuda-based CRM Holdings a publicly traded workers' compensation
Category: News
N.Y. Regulators Reviewing CRM and Drafting New Rules
04/03/2008
director of licensing for the board said Wednesday the agency has determined 2753 employer members were involved in the termination of the trusts all managed by CRM.
The one remaining trust CRM handles in New York State Elite Contractors Trust of New York was identified as "underfunded" in an
Category: News
Insured Workers' Bar Enters Group Self-Insured Trust Battle in N.Y.
06/11/2008
' attorneys.
"With the dynamic nature of claims liability trying to get a number is like a trying to hit a moving target" he said.
CRM is owned by CRM Holdings of Hamilton Bermuda.
CRM Holdings also owns Majestic Insurance Co. in California and reinsurer Twin Bridges in Bermuda. In May the parent
Category: News
Majestic Capital Delists Stock from Nasdaq
05/02/2011
Majestic Capital threw in the towel and voluntarily delisted its common stock on the Nasdaq Capital Market with a Securities and Exchange Commission filing that the company announced Friday.
The California Department of Insurance received court approval to place Majestic's largest subsidiary San
Category: News
AcevesJoseJuan2
03/01/2011
1 2 3 4
WORKERS' COMPENSATION APPEALS BOARD STATE OF CALIFORNIA
JUAN JOSE ACEVES 6 7 8 9 10 11 SUSAN CROOK; MICHAEL CROOK; CRM CONSTRUCTION; UNINSURED EMPLOYERS BENEFITS TRUST FUND; SUNBURST PROPERTY MANAGEMENT; STATE COMPENSATION INSURANCE Applicant vs.
Case No.
ADJ2445262 SAC
Category: Panel
Bickmore Appointed Conservator for Contractors SIG
05/04/2010
.
Sacramento-based Bickmore Risk Services and Consulting was put in charge of the Contractors Access Program of California CAP which had been operated by Compensation Risk Managers CRM a subsidiary of CRM Holdings based in Poughkeepsie N.Y.
"Today I assigned a conservator to step in and determine what
Category: News
AcevesJoseJUan
03/01/2011
1 2
3 4
WORKERS' COMPENSATION APPEALS BOARD STATE OF CALIFORNIA
JUAN JOSE ACEVES
6
Case No.
ADJ2445262 SAC 0345875
6 7
Applicant
vs. 8 SUSAN CROOK; MICHAEL CROOK; CRM 11CCONSTRUCTION; UNINSURED EMPLOYERS BENEFITS TRUST FUND; 11 SUNBURST PROPERTY MANAGEMENT; STATE
Category: Panel
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