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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Atlantic Mutual

Atlantic Mutual goes under

Posted by RJ and Makay on May 09, 2011

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Besieged by waves of workers compensation claims, Atlantic Mutual was placed into liquidation April 27 with New York’s superintendent of insurance appointed as liquidator, according to BestWire.

Workers’ Compensation insurance covers the cost of medical care, lost wages and rehabilitation for on–the-job injuries.  It also provides benefits for the family of any worker killed in a work-related accident.