Latest Talent Headlines
All the headlines from our Talent Topic Page, ordered by recency.
Workers’ Compensation Fees Would Cost New York Drivers, Insurers Warn
Nov 10 2010 // Proposed 30 percent increases in what medical providers in New York are paid for treating workers’ compensation injuries could have unintended consequences for the state’s motorists, an industry group has...
Fee Schedules Stabilized Tennessee Workers’ Compensation Costs
Nov 9 2010 // Average medical costs per workers’ compensation claim in Tennessee stabilized at pre-fee schedule levels after the state introduced medical fee schedules in 2005, according to a new study. According to the report by...
Washington Voters Reject Privatization of Workers’ Compensation System
Nov 3 2010 // Voters in the state of Washington have rejected a measure to inject private insurer competition into the state’s workers’ compensation system. The insurance industry hoped to open up the state’s...
Alabama Weighs 12.4% Drop in Workers’ Compensation Costs
Nov 2 2010 // Alabama insurance officials will consider an industry proposal to lower workers’ compensation loss costs in the state at a public hearing tomorrow in Montgomery. Citing reduced claims frequency, workers’...
North Carolina Has High Workers’ Compensation Medical Costs
Nov 1 2010 // North Carolina’s medical costs per workers’ compensation claim were among the highest in a study of 15 states, according to a new report. The study by the Cambridge, Mass.-based Workers Compensation Research...
How an E&O Claim Could Affect Agency Employee’s Career
Nov 1 2010 // Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to...
Alabama City Denies Workers’ Compensation for Injured Off-Duty Cop
Oct 29 2010 // Montgomery Mayor Todd Strange said the city is not able to grant workers’ compensation benefits to the family of injured police Cpl. David Brown. The family filed a lawsuit against the city seeking the benefits for...
North Carolina Workers’ Compensation Rates Given a Nudge
Oct 27 2010 // North Carolina employers’ costs for workers’ compensation will inch up next spring under an agreement reached between the state and insurers. The settlement ordered a 0.6 percent increase for voluntary market...
High Unemployment Rate a Drag on Workers’ Compensation Insurers
Oct 25 2010 // The weak outlook for U.S. employment could hurt insurers that cover work-related injuries. Persistently high unemployment translates to fewer workers to cover, which cuts into revenue. And workers compensation providers...
North Carolina’s Workers’ Compensation Medical Costs Among Highest
Oct 22 2010 // North Carolina’s medical costs per workers’ compensation claim were among the highest in a study of 15 states, according to a new report. The study by the Cambridge, Mass.-based Workers Compensation Research...
Judge Bars New York City From Hiring New Firefighters
Oct 21 2010 // A federal judge has barred New York City from hiring new firefighters after criticizing its handling of a discrimination lawsuit against the fire department. Judge Nicholas Garaufis (GEHR’-ah-fuhs) said Tuesday his...
Utah Workers’ Compensation Carrier to Expand in the Western U.S.
Oct 21 2010 // Utah Business Insurance Company (UBIC) has retained Andrew Olwert as part of its leadership team in order to expand its footprint in the West. Mr. Olwert will initially help UBIC position itself both operationally and...
Workers’ Compensation Results Spiral Down
Oct 18 2010 // The nation’s workers’ compensation insurance industry’s underwriting performance has continued to weaken as the composite combined ratio deteriorated 8.8 percentage points to 120.0 in 2009, representing...
Aon to Cut 1,500 Jobs After Hewitt Merger
Oct 15 2010 // The insurance conglomerate Aon Corp. says it will cut 1,500 to 1,800 jobs over the next three years after acquiring Hewitt Associates. The Chicago company says the cuts and other restructuring will be complete at the end...
North Carolina Bottler to Pay $495K in Hiring Bias Claims
Oct 15 2010 // The second-largest bottler of Coca-Cola products in the U.S. will pay $495,000 to settle a federal case involving charges of racially discriminatory hiring practices. The Coca-Cola Bottling Company Consolidated, a...
Florida Approves 7.8% Workers’ Compensation Rate Increase
Oct 15 2010 // Florida workers’ compensation insurers have been given the green light to raise rates an average 7.8 percent starting Jan. 1, 2011. Florida Insurance Commissioner Kevin McCarty has told the insurers’ rating...
Loss of Insurance Job Cited in California School Shooting Case
Oct 15 2010 // The man suspected of opening fire at a Carlsbad elementary school, wounding two girls, had a minor brush with the law in 2002 in Illinois when he pleaded guilty to misdemeanor telephone harassment, the San Diego...
Kentucky Auditor Clears League Over Workers’ Compensation Purchase
Oct 7 2010 // Kentucky’s state auditor has found no fraud in the insurance buying practices of the Lexington-Fayette County Urban Government. Auditor Crit Luallen said her agency found no evidence to conclude that the city’s...
Florida Weighs 8.3% Workers’ Compensation Rate Increase Today
Oct 5 2010 // Workers’ compensation insurers in Florida will be asked to explain their request for an average 8.3 percent rate hike today before the Florida Office of Insurance Regulation (OIR). The OIR is holding a public hearing...
Workers’ Compensation Results Continue in Downward Spiral
Oct 4 2010 // The nation’s workers’ compensation insurance industry’s underwriting performance has continued to weaken as the composite combined ratio deteriorated 8.8 percentage points to 120.0 in 2009, representing...
