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2003 'Difficult Year' For APCapital & Shareholders

02/13/2004
for medical professional liability and specific issues associated with the Company's book of business. In Ohio the Company experienced an increase in the overall severity and frequency of large losses in the Northeast portion of the state. In response the Company reduced policy limits

Category: News

New Carrier, Rate Reductions, Signify Optimism in CA

02/09/2004
company Employer's Direct which publicly launched its program in late 2002. Though there isn't much information about the new company Secretary of State records show that the company a California corporation was formed in October last year and the listed agent for service of process is William

Category: News

'Chip' Holden III To Head ACE NW as Senior VP

01/29/2004
in the large-risk marketplace" William N. Curcio President of ACE Risk Management. "His accomplishments and demonstrated leadership in the national risk and large account arena will enhance and complement our strategic business plan." Mr. Holden joins ACE Risk Management from

Category: News

ACE Appoints Tony Apriceno SVP/Dir Field Op

11/25/2003
excited to welcome Tony to the ACE Risk Management senior executive team joining one of the strongest and most respected team of leaders in the large-risk marketplace. He is a seasoned insurance veteran with an accomplished record in the national risk and large account arena." said William N. Curcio

Category: News

APCapital $77M 3Q Loss; Exiting Health Line

11/13/2003
was the result of a 43.0 million increase to professional liability reserves 28.0 million net of tax and a 49.9 million charge to establish a deferred tax asset valuation allowance. "Our financial results for the third quarter were very disappointing" stated President and CEO William B

Category: News

NAII & NAMIC Protest '04 NAIC Budget

10/24/2003
Two major propertycasualty insurance trade associations have expressed serious concerns about a large surplus in the National Association of Insurance Commissioners' NAIC proposed 2004 budget. For the three-year period ending in December 2004 the NAIC proposes to collect 10 million in

Category: News

Shepard Says Committed to State Auto Takeover

09/24/2003
James E. Kunk Urlin G. Harris Jr. Michael F. Dodd Paul J. Otte Ramon L. Humke Marion D. Houk John R. Lowther Marsha P. Ryan and Dennis R. Blank; State Auto Financial Corporation - Paul S. Williams Robert H. Moone Richard K. Smith David J. D'Antoni Urlin G. Harris Jr. William J. Lhota Paul

Category: News

IAIABC Conf: Early Intervention, Trained Docs Save

09/05/2003
paneled by CWCI's Michael Nolan SCIF's Dr. Gideon Letz and Concentra's William Fogarty. Letz pointed out that it is a mistake to separate medical from indemnity because the two are intrinsically tied together the longer the injured worker is off work the more indemnity they receive and conversely the

Category: News

Chiros in CA the Target in LA Times Story

08/18/2003
and checkers are employed elsewhere William Zachry vice president in charge of workers' compensation for Safeway told the Times that California workers utilize chiropractic more than four times as often as workers in Arizona and Oregon. The story of course chronicles the problems California is

Category: News

AP Capital Net Jumps as Work Comp Mixes Out

08/08/2003
aggressive actions we have implemented over the last two years have resulted in the Company reporting a profitable second quarter" said President and CEO William B. Cheeseman. "Our medical professional liability and workers' compensation loss ratios have improved as a direct result of rate increases and

Category: News

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