LexisNexis® Legal Newsroom
VA: Governor Lingle Signs PEO Act, 37th State to Standardize the $68 Billion Industry

ALEXANDRIA, VA - Senate Bill 1026 signed by Gov. Linda Lingle this week requires licensing and operation standards for professional employer organizations (PEOs) providing human resource management, employee benefits, payroll and workers' compensation on an outsourcing basis to 1,800 businesses employing...

OK: PEO Workers' Comp Insurer Pegasus Placed Into Receivership

OKLAHOMA COUNTY, OK - Wayne Stark, the owner of Pegasus Insurance Company, a professional employer organization workers' compensation carrier, has consented to the entry of an Order appointing the Oklahoma Insurance Commissioner as receiver for the rehabilitation of Pegasus. Read the consent order...