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NJ: Assembly Committee Passes Captive and Reinsurance Bills

TRENTON, NJ - The Assembly Financial Institutions and Insurance Committee last Thursday passed two important insurance bills to allow captive insurance companies in New Jersey and a bill that would promote growth of the reinsurance market in the state. Captive insurance companies can be used by a corporation...

MN: New Captive Insurance Company Planned for Construction Industry

Minnesota – The Star Tribune reports that David Bjorlund, the former head of The Builders Group (TBG), the state’s largest workers’ compensation self-insurance fund, has announced his plans to launch a new captive insurance company to provide coverage for the insurance industry and...

UT: Gains 54 New Captives

Salt Lake City, UT (CompNewsNetwork) - Continuing its rapid growth, Utah gained 54 new captive insurance companies during 2010, according to the Utah Insurance Department. At the end of the year, there were 188 captive insurers in active operation with another 11 new applications pending. Despite economic...

National and State-by-State Workers' Comp News Roundup Powered by Larson's (11/19/2012)

Sign up here for our free workers' compensation enewsletters (National or California Edition) to receive weekly news items. Be sure to select the enewsletter of your choice. NATIONAL NEWS: Walmart Settles Federal Class Action Suit Over Alleged Interference w/WC Claims . A.M. Best Report...

National and State-by-State Workers' Comp News Roundup Powered by Larson's (2/25/2013)

Sign up here for our free workers' compensation enewsletters (National or California Edition) to receive weekly news items. Be sure to select the enewsletter of your choice. NATIONAL NEWS: IAIABC Responds to Inappropriate Opioid Use Critical to Workers Compensation . CMS Clarifies Re-Evaluation...