Core Solutions Announces Worker's Compensation Initiative.Business Editors/High-Tech Writers LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Calif.--(BUSINESS WIRE)--Oct. 3, 2002 Core Solutions, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CSOU) announced today that it has developed a strategic initiative that will allow its clients to effectively manage the rising costs related to maintaining worker's compensation coverage. President Christine Favara stated, "Many employers in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). have seen premium increases of 20-30% over the past year. Worker's compensation insurance premiums are already one of the highest expenses affecting employers today. This increase has critically impacted our clients' profitability and cost of doing business. By focusing on saving money for our clients' in areas that are threatening their day-to-day operations, we are able to fortify for·ti·fy v. for·ti·fied, for·ti·fy·ing, for·ti·fies v.tr. To make strong, as: a. To strengthen and secure (a position) with fortifications. b. To reinforce by adding material. our business relationships in a way previously unknown in the industry, and demonstrate to our clients that we are constantly striving to provide them with cost effective business solutions. We are their partner in solving their most critical employment issues." The Core Solutions initiative was developed in response to substantial increases in the costs and related expenses of managing worker's compensation insurance policies for the Company's clients in California and elsewhere. The initiative will also allow Core Solutions to pursue new clients in industries that have traditionally been avoided by competitors due to adverse risk considerations. As such, management expects that it will provide additional competitive advantage for the company and will provide additional revenue support. About Core Solutions, Inc. Core Solutions, Inc. is a technology-based, human resource consulting Services Provided Human Resource Consulting firms provides advice to their clients regarding the financial and retirement security, health, productivity, and employment relationships of their global workforce. firm. Headquartered in Los Angeles, Core Solutions offers a comprehensive selection of integrated solutions for the management and administration of human resource needs on a nationwide basis. By aggregating the workforces of multiple clients, the Company delivers end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. human resource solutions to small- and mid-sized businesses that are cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. and beneficial to its clients and their employees. For more information, visit http://www.corehr.com. |
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