CompManagement Announces the Purchase of Barron Risk Management.Business Editors COLUMBUS, Ohio--(BUSINESS WIRE)--Sept. 30, 2002 CompManagement, Inc. today announces the purchase of Barron Risk Management. Barron Risk Management provides workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. claims management, medical cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. , safety and loss prevention, and auto, casualty and property services in the State of Texas. CompManagement, Inc. provides a full array of workers' compensation, risk management and disability management services in Ohio, Kentucky, Indiana, West Virginia, Pennsylvania, Virginia, Maryland, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. and Washington. "The purchase of Barron Risk Management provides CompManagement with the opportunity for geographic expansion and will serve as our Southwestern headquarters," say Robert J. Bossart, Chief Executive Officer of CompManagement. While the name has changed to CMI (Computer-Managed Instruction) Using computers to organize and manage an instructional program for students. It helps create test materials, tracks the results and monitors student progress. Barron Risk Management, all managerial staff has been retained and will continue to service our clients, thus assuring a seamless transition. Bart Griffin, Executive Vice President of Barron Risk Management, will serve as Senior Vice-President for CompManagement and will be responsible for the regional operations. CompManagement fully intends to allow the Barron operations to remain autonomous, while at the same time having complete access to the expertise and support services available within the CompManagement companies. CompManagement is an operating subsidiary of Security Capital Corporation (AMEX AMEX See: American Stock Exchange : SCC SCC - strongly connected component ). SCC is a publicly held company based in Greenwich, Connecticut. This release contains forward-looking statements with respect to CompManagement and Barron Risk Management. Such forward-looking statements are subject to inherent risks and uncertainties that may cause actual results to differ materially from those contemplated by such forward-looking statements. |
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