Federated Rural Electric Insurance Exchange (FREIE) recently selected American Claims Management (ACM) to handle national workers’ compensation claims management for their Exchange. Since 1959, FREIE has insured only electric cooperatives, helping them reap the benefits of their excellent safety records. A steady presence in the market, FREIE is committed to offering superior insurance programs and… Continue reading Federated Rural Electric Insurance Taps ACM to Handle National Claims
Tag: Workers’ Compensation insurance
Employers Take a New Twist to Prevent Costly On-the-Job Injuries
Your job does not have to be physically demanding to literally be a pain in the neck, or knee, or lower back. Musculoskeletal conditions are among the top expenses for employee healthcare benefits, accounting for about a third of all worker injury and illness cases, according to the Occupational Safety and Health Administration (OSHA). With… Continue reading Employers Take a New Twist to Prevent Costly On-the-Job Injuries
MGA Paragon Launches Nationwide Workers’ Compensation Insurance Program
Paragon Insurance Holdings LLC (“Paragon”), a national multi-line specialty MGA (Managing General Agency) based in Avon, Conn., today announced the addition of a new nationwide Workers’ Compensation Insurance Program. Available to their eligible retail agency partners, the new program is underwritten by Paragon in its San Diego operation on behalf of Clear Spring Property and… Continue reading MGA Paragon Launches Nationwide Workers’ Compensation Insurance Program
PMA Companies Names Chris Syrell as Branch Vice President, Syracuse, New York
PMA Companies has named Chris Syrell as Branch Vice President, Syracuse, New York. Mr. Syrell will be responsible for leading the company’s Syracuse Branch Office and will report directly to Ken Stanley, PMA Senior Vice President, Distribution and Field Operations. Mr. Syrell takes over leadership for the Syracuse Branch from John Foster, Vice President, who… Continue reading PMA Companies Names Chris Syrell as Branch Vice President, Syracuse, New York
Empire Underwriters Announces the Expansion of their Workers Comp Offerings to Trucking Classes
Empire Underwriters, a leading National Insurance Wholesaler, Excess and Surplus Lines facility and Program Manager announced today the release of their new Workers Comp Program for Truckers, Tow Truck Operators, and Delivery Companies backed by several “A” rated carriers. “We are excited about our continued expansion into the Trucking Industry. We have already had great… Continue reading Empire Underwriters Announces the Expansion of their Workers Comp Offerings to Trucking Classes
Jimcor Announces National Temporary Staffing Workers Compensation Programs
Jimcor Agency, Inc. announced several new limited distribution programs focused on the temporary staffing industry, available nationally. Initially these programs will focus on workers compensation coverage with additional coverage lines and products coming soon. This is in conjunction with the hire of Michael Hayes, Practice Leader: Staffing Programs. Hayes is leading the staffing programs specialty… Continue reading Jimcor Announces National Temporary Staffing Workers Compensation Programs
Pie Insurance Brings Future of Workers’ Compensation to Four New States
Pie Insurance today announced it has begun providing workers’ compensation insurance to small businesses in Mississippi, New Hampshire, Utah, and West Virginia. Now Pie offers coverage in 29 states and the District of Columbia to an audience of 4.1 million small business owners. “With our exclusive focus on small businesses, Pie is reaching a community… Continue reading Pie Insurance Brings Future of Workers’ Compensation to Four New States
Workers’ Comp on Track for Fifth Year of Underwriting Profits: Fitch Ratings
The U.S. workers’ compensation market is on track for a fifth consecutive year of underwriting profits in 2019 despite recent weakening in market fundamentals, according to Fitch Ratings. The industry’s statutory combined ratio fell to 86% in 2018 and has averaged 93% annually since 2015. Over the past five years, most large underwriters posted favorable… Continue reading Workers’ Comp on Track for Fifth Year of Underwriting Profits: Fitch Ratings
Willis Towers Watson Launches Unique Approach for Mid-Market Clients
Willis Towers Watson, a leading global advisory, broking and solutions company, has launched an innovative new solution for General Industry mid-market clients as part of its Differentiated Broking Solutions (DBS) business strategy. An evolution of the Willis Towers Watson panels strategy, DBS will offer custom insurance solutions across various industries. This initial launch for General… Continue reading Willis Towers Watson Launches Unique Approach for Mid-Market Clients
Everest Insurance® Announces Workers’ Compensation Marine Expansion
Everest Insurance® is pleased to announce that they have joined with All Risks, Ltd. to expand their workers’ compensation capabilities for the marine industry. Through this program, brokers will have access to workers’ compensation, United States Longshore & Harbor Workers (USL&H) and marine employers liability (MEL) on one policy in 46 states. Everest has partnered… Continue reading Everest Insurance® Announces Workers’ Compensation Marine Expansion