workers’ compensation premiums News

Berkshire Accused of Stealing Workers’ Comp Premiums in Manhattan Lawsuit

New York City-based Breakaway Courier Corp. has filed a lawsuit against Omaha, Neb.-based Berkshire Hathaway Inc. for an alleged illegal scheme to steal workers’ compensation premiums. A complaint against Berkshire Hathaway was filed with the state supreme court in Manhattan …

IIABNY Lauds New York Senate Committee’s Approval of Workers’ Comp Bill

The Independent Insurance Agents & Brokers of New York (IIABNY) applauded a New York Senate committee’s action to protect employers from surprise insurance premium increases in their workers’ compensation policies. The Senate Labor Committee approved IIABNY’s bill during its meeting …

Massachusetts Business Owner Indicted on Workers’ Comp Fraud Charges

Authorities said a Wilmington, Massachusetts man has been indicted in connection with allegedly failing to accurately report the nature of his company’s work in order to avoid $120,000 in insurance premiums. Massachusetts Attorney General Maura Healey said Robert Foss was …

N.J. Staffing Firm Owners Accused of Underpaying WC Premiums

New Jersey authorities announced that a married couple who own several temporary staffing companies with offices in northern and central New Jersey were arrested on first-degree charges. According to a Feb. 4 announcement from the New Jersey Office of the …

Millions Unclaimed in Ohio Workers’ Comp Overcharge Case

The law firm handling a $420 million state settlement over Ohio employers being overcharged for workers’ compensation premiums says millions of dollars weren’t claimed by the deadline. The Bricker & Eckler law firm tells The Columbus Dispatch that 35,000 claims …

N.Y. Rep. Grimm Calls 20-Count Indictment Against Him ‘A Political Witch Hunt’

U.S. Rep. Michael Grimm (R-N.Y., 11th District), who as a House Financial Services Committee member was instrumental in adopting the flood insurance relief bill and in advocating for renewal of Terrorism Risk Insurance Act, says a 20-count federal indictment against …

N.J. Roofing Co. Exec Admits to Misleading Its Workers’ Comp Carrier

Authorities said the president of a roofing company in New Jersey pleaded guilty to providing false and misleading information to the company’s workers’ compensation carrier in order to avoid paying hundreds of thousands of dollars in insurance premiums that he …

2.7 Percent Workers’ Comp Hike Sought For Washington In 2014

The Department of Labor & Industries has proposed an average 2.7 percent rate increase for 2014 workers’ compensation premiums. Over the past two years, workers’ compensation surveys have shown an increase in rates nationally, however this will be L&I’s first …

270,000 Ohio Employers Win Workers’ Comp Ruling

A judge’s ruling against the Ohio Bureau of Workers’ Compensation may end up costing the state hundreds of millions of dollars. The ruling issued Friday also could mean that more than 270,000 Ohio employers are due restitution after the judge …

West Virginia Firefighters Get Insurance Premium Subsidy Check

A volunteer fire department in Kanawha County has become the first in West Virginia to receive a rebate check to cover the costs of higher premiums for workers’ compensation insurance. The check for $1,638 was presented to the Cabin Creek …