workers compensation reform News

Trade Group: Workers’ Comp Reform Among Key Issues for Illinois Insurers

Workers’ compensation, commercial insurance purchasing rules and auto insurance verification are among key challenges for insurers in Illinois legislative session, a national insurance trade organization says. American Insurance Association (AIA), which identified legislative and regulatory issues for property/casualty insurers in Illinois, …

Report: Workers’ Comp Reform Saving California’s System $770M Annually

The Workers’ Compensation Insurance Rating Bureau released this year’s evaluation of California’s workers’ comp reform law. The WCIRB Cost Monitoring Report — 2015 Retrospective Evaluation is part of a multi-year cost monitoring plan developed by the WCIRB following the signing …

Workers’ Comp Loss Costs Fall Again in Oklahoma

Workers’ compensation rates in Oklahoma are expected to drop in 2016, the Oklahoma Insurance Department announced. The National Council on Compensation Insurance (NCCI) filed an overall loss cost decrease of 14.8 percent. This is the third straight year rates have …

Illinois House OKs Workers’ Comp Reform

Illinois House Democrats came back to Springfield carrying what they called an olive branch to Gov. Bruce Rauner on business reform. However, Republicans derided the Democrats’ ideas on employment insurance for workplace injuries. In the words of Downers Grove Rep. …

Debate on Workers’ Comp Reform Begins in Illinois

Business groups and injured employees weighed in May 6 as Illinois lawmakers began debating whether to revamp the state’s workers’ compensation insurance program to reduce costs for employers. Democratic House Speaker Michael Madigan called a meeting of the Illinois House …

Cost Savings in California Workers’ Comp Reform May Fall Short

California’s sweeping workers’ compensation reform is working for the most part, but some of the savings may not materialize thanks to pressure on the system, according to Dave Bellusci, executive vice president, chief operating officer and chief actuary at the …

N.H. Gov.: Businesses Need Relief From Rising Workers’ Comp Costs

New Hampshire’s businesses need relief from rising workers’ compensation costs and more access to capital investment partners. That’s the message from New Hampshire Gov. Maggie Hassan who urged lawmakers in her State of the State address on Feb. 6 to …

Interesting but Quiet Year for California Lawmakers on Workers’ Comp

After the behemoth workers’ compensation reform law passed in 2012, state lawmakers this year enacted only a handful of measures that may affect or relate to workers’ compensation. Bills signed by Gov. Jerry Brown included laws on pharmaceutical compounding, preventing …

Baker: California’s Workers’ Comp Reform Showing Signs of Progress

Ten months after “historic reforms” were made to California’s workers’ compensation system there is evidence that the changes are taking hold, however bad actors continue to find ways to game the system, said Department of Industrial Relations Director Christine Baker. …

Oklahoma Governor Signs Workers’ Compensation Overhaul

Oklahoma Gov. Mary Fallin on May 6 signed a measure to overhaul the state’s workers’ compensation system, one that was backed by Republican lawmakers, the state’s top insurance regulator and insurance trade groups. Senate Bill 1062 changes Oklahoma’s current court-based …