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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
CRM Contractors Group Members Face $21 Million Shortfall
05/03/2010
By Greg Griggs Editor
As they deal with the fallout from the closure of their self-insured group members of Contractors Access Program of California are strategizing to determine their next step while a representative of the group's board said state regulators are close to appointing a
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
CRM Earnings Soar Despite Weakness in Group Trusts
11/08/2007
As the broad market tumbled Wednesday shares of CRM Holdings Ltd. soared 1.40 or 20.6 to close at 8.20 on its release of a strong quarterly earnings report.
The workers' compensation insurance services company that operates primarily in California and New York said its revenues
Category: News
Collateral Relief Program in Works for SIGs
11/08/2013
.
Pettegrew said many of the contractors who were brought into its California program were sold a bill of goods by an administrator who was more interested in making money than running a successful self-insured group program.
The fact that the sting of the CRM failure is starting to wane was welcome news
Category: News
Conservation Office Puts 'Shell' of Majestic Up for Sale
07/20/2012
For sale One insolvent California workers' compensation carrier with no physical assets a slightly tarnished brand name but certificates of authority to sell policies in 17 states and 3.87 million in statutory deposits.
The California Department of Insurance's Conservation & Liquidation Office
Category: News
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