Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
American Empire Surplus Unveils E&O Cover for Medicare Compliance
Nov 6 2009 // Cincinnati, Ohio-based American Empire Surplus Lines Insurance Company, a member of the Great American Insurance Group, has launched an errors and omissions liability insurance product for Medicare Statutory...
Montana Courts Uphold Workers’ Comp Cutoff Age
Nov 5 2009 // The Montana Supreme Court has upheld a state law that allows insurance companies to cut off worker’s compensation payments for those suffering permanent total disability when the disabled party is of retirement...
Maine Workers’ Comp Rates Drop
Nov 4 2009 // Maine’s Insurance Bureau says workers’ compensation rates will decrease by an average of 7 percent. Insurance Superintendent Mila Kofman said Monday that an industry request for a decrease has been approved. It...
Colorado Workers’ Comp Rates to Drop
Nov 4 2009 // Colorado employers will be looking forward to additional financial relief next year by paying lower premiums for workers compensation insurance due to the announcement that a significant component of workers compensation...
2010 Agricultural Payroll Amount for Texas Workers’ Comp Set at $49K
Nov 4 2009 // The Texas Department of Insurance Division of Workers’ Compensation has set the adjusted annual payroll requirement for the coverage of seasonal workers at $49,127. The TDI-DWI said the established gross payroll...
Ohio Bureau of Workers’ Comp Lowers Group Discount Rate
Nov 3 2009 // The Ohio Bureau of Workers’ Compensation (BWC) has lowered the discount available to employers who participate in a group-rating system. Beginning July 1, 2010, the maximum available discount for businesses in a...
BP Refinery in Texas Hit with Record $87 Million Fine for Safety Violations
Nov 2 2009 // U.S. safety regulators on Friday hit oil giant BP with a record $87.4- million fine for failing to fix safety violations at its Texas City, Texas, refinery after a deadly 2005 explosion. In announcing the fines, U.S. Labor...
North Carolina Workers’ Compensation Rates Cut 9.6%
Nov 2 2009 // North Carolina workers’ compensation rates paid by employers are going down. The state has agreed to a 9.6 percent decrease to the voluntary market loss costs and no change (zero percent) for the assigned risk...
Florida Approves 6.8% Workers’ Compensation Rate Cut
Nov 1 2009 // Florida Insurance Commissioner Kevin McCarty has given the green light to an overall statewide average workers’ compensation rate decrease of 6.8 percent. The decrease, which was proposed by the industry’s...
Study: Workers’ Compensation Public Options Outperform Private Industry
Nov 1 2009 // State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform...
Colorado’s Workers’ Comp Fund Pinnacol: Swagger and Success Invite Scrutiny
Nov 1 2009 // If there is one thing that Colorado’s quasi-public workers compensation provider, Pinnacol Assurance, has not been accused of being, it is being timid. When the state government tried early this year to tap the...
Declarations
Nov 1 2009 // Driving Innovation “Pay as you drive is an innovative way to give California motorists financial rewards for driving less, leading to lower-cost auto insurance, less air pollution and a reduced dependence on foreign...
Endurance Reports $153.8 Million Q3 Net Income; Conference Call Today
Oct 30 2009 // Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $153.8 million and $2.51 per diluted common share for the third quarter of 2009, compared to a net loss of $99.4 million and $1.79 per diluted common...
California Pizzeria Owner Pleads to Insurance Fraud
Oct 30 2009 // Two Southern California men who were arrested on Oct. 15 for workers’ compensation insurance fraud in Orange County. The state Insurance Commissioner, Steve Poizner, said that Sanjiv Mahendra Shah, 53, of Placentia...
Investigation: Ohio Work Comp Fund Lost $20M in Pharmacy Program
Oct 30 2009 // The state watchdog says the Ohio insurance fund for injured workers is out $20 million because of problems with its prescription drug program. Inspector General Tom Charles says the Bureau of Workers’ Compensation...
California to Update Workers Compensation Regulations
Oct 30 2009 // California’s Department of Industrial Relations has proposed an update to regulations for the Workers’ Compensation Information System. The update is part of the Division of Workers’ Compensation’s...
Georgia Workers’ Compensation Insurer Southeastern US Faces Liquidation
Oct 29 2009 // A workers’ compensation insurer for 3,000 public entities, hospitals, private companies and associations in Georgia has been declared insolvent and will be liquidated. Fulton County Superior Court Judge Thomas...
California Study Says Workers’ Comp Law Accomplished Goal
Oct 29 2009 // An attempt to reform the permanent disability rating schedule in California has produced a 6 percent reduction in attorney involvement and in the average amount paid on claims at 36 months. Those are two main findings from...
Texas Mutual Recognizes Employers for Workplace Safety
Oct 28 2009 // Texas Mutual Insurance Company is recognizing 164 Texas-based employers for their workplace safety efforts. The award is based largely on each policyholder’s safety record, as well as the types of hazards their...
Florida 6.8% Workers’ Compensation Rate Cut Officially Approved
Oct 27 2009 // Florida Insurance Commissioner Kevin McCarty has issued a final order approving the National Council on Compensation Insurance’s (NCCI) amended rate filing for workers’ compensation insurance rates that will...
