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CRM Signs Five-Year Self-Insured Group Management Deal in Calif.

While state regulators forced CRM Holdings out of the group self-insurance market in New York the company is continuing to compete in California. CRM announced on Wednesday that its wholly-owned subsidiary Compensation Risk Managers of California CRM CA has won a contract to continue managing

Category: News

CRM Shuts Self-Insured Group for Contractors

By Greg Griggs Editor Compensation Risk Managers has closed another of the self-insured groups it managed in California as state regulators mull whether to take further action to protect member companies. The Contractors Access Program of California operated by CRM first notified the

Category: News

Compensation Risk Begins New Self-Ins Programs in CA

To respond to the growing needs in California for affordable workers' compensation insurance Compensation Risk Managers CRM has begun offering coverage through three new programs that serve workers in the industries of contractors plastics manufacturers and auto dealers. The three group self

Category: News

Regulators Query Majestic in Ongoing CRM Probe

unlicensed adjusters. He said the proposed settlement calls for CRM to halt the practice and pay 96110 in penalties. In California regulators also queried Majestic on the CRM investigation last week. "Majestic Insurance has advised the department that it does not utilize CRM for administrative services

Category: News

CRM Parent Posts $15.7 Million in Operating Losses for 3Q

CRM Holdings the parent of California-based Majestic Insurance Co. and self-insured trust manager Compensation Risk Management of California CRM posted net operating losses of 15.7 million Thursday compared to the same three months of 2008 and announced its involvement with self-insured groups

Category: News

CRM Holdings Completes Majestic Purchase

CRM Holdings announced Tuesday that it has received all necessary regulatory approvals from officials in California and New York and completed the purchase of Embarcadero Insurance Holdings the parent of Majestic Insurance Co. Embarcadero is a privately held California corporation with

Category: News

CRM Chairman Sells Block of Common Shares

York and California. It also provides traditional workers' compensation insurance coverage primarily in California though it has active operations in Alaska Arizona Nevada Oregon Washington and New Jersey. CRM is a provider of reinsurance and excess workers' compensation coverage to the self

Category: News

CRM Starts New CA Healthcare Self Insured Group

-insurance program HISIP was created by CRM to help keep the rising costs of workers' compensation insurance under control for California health care workers without sacrificing safety and claims services. HISIP was created with the participation of two core members that have contributed a total of

Category: News

Calif. Vintners Launch Self-Insurance Program

help control the high-costs of mandated workers' compensation insurance for vintners in the five major winery areas in California - NapaSonoma San Jose Central Coast San Diego and Central Valley. The group is the sixth program that CRM has launched in California since it began operating in the

Category: News

Bermuda Management Firm Buys Majestic

for an estimated 45 million. Majestic is Embarcadero's wholly-owned subsidiary. CRM provides fee-based management and other services for workers' compensation self-insured groups in California and New York. CRM said total consideration for the purchase is the book value of Embarcadero on the

Category: News

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