Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Workers’ Compensation Rate Hike Proposed for 2010 in Iowa
Aug 24 2009 // The Iowa Insurance Division reported that the National Council on Compensation Insurance has made a rate filing which affects the premium rates for workers’ compensation insurance. The rate filing proposes an overall...
$1 Billion Suit Against AIG Over Workers’ Compensation Dismissed
Aug 21 2009 // American International Group Inc. won dismissal of a federal lawsuit accusing the troubled insurer of fraudulently shortchanging state workers’ compensation pools out of more than $1 billion. However,...
Florida Workers’ Compensation Insurers Propose 6.8% Rate Cut
Aug 21 2009 // Florida workers’ compensation insurers are recommending an overall average rate decrease of 6.8 percent statewide, which state officials said would save employers more than $166 million. Florida Insurance...
Californian Held in State Workers’ Compensation Fund $1.4 Million Fraud
Aug 20 2009 // The California Department of Insurance has announced that Joseph Baiden, 56, of Diamond Bar, surrendered yesterday morning to the Los Angeles Superior Court pursuant to an arrest warrant issued for eight counts of...
Four Commercial Auto Endorsements Every Insured Should Consider
Aug 18 2009 // Insurance Services Office (ISO) lists more than 100 endorsements available for use with the business auto policy (BAP) (the total number varies by state). Out of that heap of policy-altering endorsements, most designed to...
Arkansas: Employers Can’t Make Direct Payment for Work Comp Bills
Aug 18 2009 // The Arkansas Insurance Department has issued a reminder that employers should not make direct payments for employees’ medical bills that were incurred on small workers’ compensation claims. The department says...
Colorado Workers’ Compensation Insurer Pinnacol Defends Agent Perks
Aug 17 2009 // Colorado’s dominant workers compensation insurer last week defended its spending on travel and entertainment for its agents, telling Colorado lawmakers it’s good for morale and helps lower costs in the long...
Calif. Workers’ Comp Rating Bureau to Recommend 22.8% Increase in Rates
Aug 13 2009 // The WCIRB will submit a filing to the California Department of Insurance (CDI) recommending an approximate 22.8 percent increase in pure premium rates (or “claims cost benchmark”) effective Jan. 1, 2010. The...
Iowa, Minnesota Get ‘A’, 9 States ‘F’ in Best, Worst States for Workers’ Comp
Aug 13 2009 // Iowa, Kansas, Minnesota, Utah and Virginia do the best job handling workers’ compensation injuries, while Louisiana, New Jersey, New York, Oklahoma, Rhode Island, Texas and Wyoming perform the worst. That’s...
Flocks, Pearson Named to California Workers’ Compensation Bureau
Aug 12 2009 // California Insurance Commissioner Poizner has appointed Sara Flocks, of San Francisco and Lee Pearson, of Rancho Murieta to the Workers’ Compensation Insurance Rating Bureau Governing Committee. Pearson, currently...
The Hartford to Return $48 Million in Florida Workers’ Comp Profits
Aug 12 2009 // Florida officials said that Hartford Financial Services Group will issue refunds or credits totaling $48.2 million to Florida businesses for excess profits the insurer earned on policies written from 2004 through 2006. The...
Virginia to Consider Increase for Some Workers’ Comp Rates
Aug 12 2009 // The Virginia State Corporation Commission will consider a request to raise workers’ compensation premiums at a meeting in October. The National Council on Compensation Insurance Inc. (NCCI), a rate service...
Strout Joins Westrope as VP/Team Leader of Workers’ Comp Division
Aug 12 2009 // Bill Strout has joined Westrope’s home office in Kansas City, Mo., as vice president of its workers’ compensation unit, the wholesale insurance broker announced. Strout began his career with Zurich and Hartford...
North Carolina Recovers $6.5M for Members of Workers’ Comp Pool
Aug 11 2009 // North Carolina Insurance Commissioner Wayne Goodwin says that $6.5 million will be returned to 661 former members of the Phoenix Fund Inc., a self-insured workers’ comp fund that was put into rehabilitation nearly...
Louisiana Retailers Mutual Converts to Holding Company System
Aug 11 2009 // Louisiana Retailers Mutual Insurance Company, a workers’ compensation insurer, has received regulatory approvals from the Arkansas, Louisiana and Mississippi departments of insurance to convert to a mutual insurance...
Colorado To Hold Workers’ Compensation Loss Cost Hearing
Aug 7 2009 // Colorado’s Division of Insurance announced it will be holding a public hearing on Sept. 17, 2009, to discuss the workers compensation loss cost filing submitted by the National Council on Compensation Insurance. NCCI...
Oklahoma Lawmakers Launch Study to Privatize Work Comp Insurer
Aug 7 2009 // A legislative task force has begun a study on how best to privatize CompSource Oklahoma, the agency that provides workers’ compensation insurance in the state. Members of a nine-member task force convened Aug 6. The...
West Virginia Approves Workers’ Compensation Rate Cut of 6%
Aug 6 2009 // West Virginia Insurance Commissioner Jane L. Cline has approved a loss cost filing by the state’s workers’ compensation insurance companies that will result in an overall six percent decrease. She said more...
Arkansas Details Obligations for P/C Insurance Providers
Aug 6 2009 // The Arkansas Insurance Department has posted directives on its Web site that detail compliance requirements for property casualty insurance providers in that state. The insurance department noted that while Arkansas state...
Colorado Committee Evaluates State’s Workers’ Comp Insurer Pinnacol
Aug 5 2009 // A special committee of Colorado lawmakers is evaluating Pinnacol Assurance, to examine what role the state should have in managing the quasi-governmental workers’ compensation insurer’s business. Ken Ross,...
