Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Oklahoma’s Commissioner Doak Had a Full Plate in 2011
Jan 9 2012 // In his first year as insurance commissioner of Oklahoma, John Doak was a busy man. Doak and the agency he leads had their hands full implementing reforms in the workers’ compensation system, dealing with a host of...
People
Jan 9 2012 // The board of directors of the National Insurance Producer Registry (NIPR) re-elected Alaska Insurance Director Linda Hall as NIPR president during its Dec. 13, 2011, meeting in Chicago. Hall has been a member of the NIPR...
Kansas Commissioner Rebuffs Proposed Workers’ Comp Rate Hike
Jan 9 2012 // Kansas’ top insurance regulator refused a proposed workers’ compensation rate increase and actually got the rate to drop slightly, the state insurance department announced. Insurance Commissioner Sandy Praeger...
Workers’ Comp Reform Signed by Michigan Governor
Jan 9 2012 // Workers’ compensation reform legislation that supporters say will help reduce employer costs for assisting injured workers is now law in Michigan. Gov. Rick Snyder signed House Bill 5002 in late December...
Florida Workers’ Compensation Market Remains Healthy: State Report
Jan 6 2012 // The state’s annual report on workers’ compensation insurance says Florida’s market is “competitive,” and availability of coverage is not a significant problem. The Office of Insurance...
Aging Workforce May Not Be So Bad for Workers’ Compensation, Says NCCI
Jan 5 2012 // The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) also...
Recession Brought Slow Growth in Michigan Workers’ Comp Costs Per Claim
Jan 5 2012 // Workers’ compensation claim costs have grown slowly in Michigan as a result of the recession, a new study says. The study, “CompScope Benchmarks for Michigan, 12th Edition,” by the Workers Compensation...
Insurance Veterans’ Forecasts for 2012
Jan 5 2012 // Now that the year 2011 is behind us, let’s take a look at what might be ahead. Insurance Journal spoke with leading industry professionals and asked them what they are expecting this year. If their forecasts are any...
Jay-Z Cleared of N.Y. Workers’ Comp Board Charge
Jan 4 2012 // Jay-Z may have 99 problems, but missing workers’ comp insurance payments isn’t one of them. The judgement against the rapper and the court-ordered $18,000 fine will be vacated in a few days, according to a...
Maine-based Workers’ Comp Insurer MEMIC Group Announces Promotion
Jan 4 2012 // The MEMIC Group, a workers’ compensation insurer headquartered in Portland, Maine, promoted Jeff Funk to the position of assistant vice president. MEMIC said Funk played an integral role in MEMIC’s expansion in...
Lack of Workers’ Comp Closes Vermont Trucking Company
Dec 31 2011 // A trucking company owned by a Vermont state senator and his son has been shut down for not having workers’ compensation insurance. A court has granted a permanent injunction against Starrs United, Inc. Sen. Bobby...
Jay-Z Sued by Workers Compensation Board of New York
Dec 30 2011 // Workers Compensation Board of New York filed a lawsuit against rapper Jay-Z for allegedly failing to make workers’ comp payments worth $18,000 for his domestic employees, according to a report. Entertainment news...
Members Added to Minnesota FAIR Plan, Workers’ Comp Association
Dec 29 2011 // Two members have been added to the board of Minnesota’s FAIR plan and one new member has been added to the state’s workers’ comp insurance association. The FAIR Plan is Minnesota’s statutorily...
Texas Work Comp Discount, Interest Rate Set for Q1 2012
Dec 29 2011 // The workers’ compensation interest and discount rate in Texas for the first quarter of 2012 has been set at 3.61 percent. The rate will be effective beginning Jan. 1, 2012, through Mar. 31, 2012, the Texas Department...
Court OKs AIG’s $450M Settlement Over Underreported Workers’ Comp Premiums
Dec 28 2011 // A federal judge has approved American International Group Inc.’s $450 million settlement with rival insurers to end litigation accusing AIG of underreporting premiums on workers’ compensation policies. AIG will...
Kansas Insurance Regulator Rebuffs Proposed Workers’ Comp Rate Increase
Dec 22 2011 // Kansas’ top insurance regulator has refused a proposed workers’ compensation rate increase and actually got the rate to drop slightly, the state insurance department announced. Insurance Commissioner Sandy...
Oklahoma Court Strikes Down Part of Workers’ Comp Law
Dec 22 2011 // The Oklahoma Supreme Court struck down on Dec. 20 part of a new law that prevents chiropractors and some other medical professionals from serving as independent medical examiners in the state’s Workers’...
Louisiana Workers’ Comp Costs Have Grown at Double-Digit Rates
Dec 22 2011 // Workers’ compensation costs per claim for Louisiana grew at a double-digit rate in recent years, the fastest growth among all states in a new study by Cambridge, Mass.-based Workers Compensation Research Institute...
Study: Reforms Impacted Growth in Texas Workers’ Comp Claim Costs
Dec 21 2011 // The average cost of a workers’ compensation claim in Texas grew 5 percent in 2009, reflecting the impact of recent medical fee schedule increases and possibly some effect of the recession, according to a new study by...
Michigan Governor Signs Unemployment, Workers’ Comp Legislation
Dec 21 2011 // Michigan employers are likely to save money on unemployment insurance and workers’ compensation under changes signed into law on Dec. 19 by Gov. Rick Snyder. Critics, though, said the moves could make it more...
