Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
It Figures
Nov 18 2007 // 17.75% The voluntary market rate cut in workers’ compensation ordered by Delaware Insurance Commissioner Matt Denn who also ordered a 22 percent cut for the state’s assigned risk pool. He said these are the...
Good Things Going on in West Virginia
Nov 18 2007 // When talk turns to insurance in West Virginia, inevitably workers’ compensation comes up. No one knows that better than Insurance Commissioner Jane Cline. In a recent interview with Insurance Journal‘s Andrew...
Calif. Workers’ Comp Premium Rates Declining
Nov 18 2007 // The Workers Compensation Insurance Rating Bureau of California reported written premium for the first six months of 2007 at an estimated $6.9 billion, approximately 23 percent below the written premium reported for the...
Boomers to Affect Workers’ Comp in Long-Term Care Industry
Nov 18 2007 // The long-term care industry will be impacted substantially by the aging of the population and employment and certain sectors of the long-term care industry are forecast to grow significantly faster than average over the...
Watson Wyatt: P/C Market to Remain Soft in 2008
Nov 16 2007 // The market for property and casualty insurance will stay soft in 2008, as premiums are expected to either decline or remain flat, according to actuarial and risk management experts at global consulting firm, Watson Wyatt...
N.D. Workers’ Comp Board Okays Consultant to Review Personnel, Claims
Nov 14 2007 // The board of North Dakota’s troubled workers compensation agency has voted to hire an outside consultant to review its operations. After meeting for about an hour behind closed doors, the board decided that a...
W. Va.: 2 Kanawha County Women Arrested on Insurance Fraud Charges
Nov 14 2007 // West Virginia Insurance Commission officials arrested two Kanawha County women on insurance fraud related charges. A State Trooper assigned to the Insurance Commission’s Fraud Unit in Charleston arrested Linda Jett...
N.D. Governor Coy about Support for Workers’ Comp Initiative
Nov 13 2007 // Gov. John Hoeven favors a proposed initiative that would give him power to hire North Dakota’s workers compensation director, but he won’t say whether he’ll campaign for the measure if it qualifies for...
Texas Physicians Group: New Comp Rules Benefit Workers
Nov 13 2007 // New rules proposed by the Texas Department of Insurance Division of Workers’ Compensation will help injured workers in finding and receiving care from a physician, according to the Texas Medical Association. Among...
Texas Work Comp Treatment Planning Pilot Project Launched
Nov 9 2007 // Several Texas workers’ compensation insurance carriers are participating in a pilot project with health care providers to initiate treatment planning for workers’ compensation injuries, according to the Texas...
Another N.D. Workers’ Comp Official Seeks Job Protection
Nov 8 2007 // Another North Dakota workers’ compensation official has asked for job protection. Kay Grinsteinner, internal audit manager for Workforce Safety and Insurance, e-mailed the agency’s executive director and its...
Delaware Slashes Workers’ Comp Rates 17-22%
Nov 8 2007 // Delaware Insurance Commissioner Matt Denn announced today that he will order an average workers compensation insurance premium cut of 17.75 percent for Delaware employers in the “voluntary” workers compensation...
Study Targets Prescription Savings in Workers’ Comp for Chronically Injured
Nov 7 2007 // Chronically injured workers – those who remain injured for four years or more – represent only 17 percent of all injured workers, but account for 45 percent of all workers’ compensation prescriptions, and...
Calif. AG Files Lawsuit Against PacifiStaff Construction Training Company
Nov 7 2007 // California Attorney General Edmund G. Brown Jr. has sued PacifiStaff, a Southern California corporation that trained construction companies to violate workers’ compensation laws by the use of “fake corporations...
Calif. Workers’ Comp Insurance Rating Bureau: Premium Rates Declining
Nov 6 2007 // The Workers Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through June 30, 2007. According to the report, California written premium reported...
News Currents
Nov 4 2007 // S.C. commission rejects Sanford’s workers’ comp order on standards The South Carolina Workers’ Compensation Commission unanimously rejected Gov. Mark Sanford’s order to begin using uniform medical...
Hawaii Approves 19.3% Workers’ Comp Decrease
Nov 4 2007 // Hawaii Insurance Commissioner J.P. Schmidt has approved a 19.3 percent decrease in loss costs for workers’ compensation insurance, based on a filing by the National Council on Compensation Insurance. NCCI originally...
Calif. Aims for 5.2% Workers’ Comp Rate Increase
Nov 4 2007 // California’s Workers’ Compensation Insurance Rating Bureau has recommended that pure premium rates in the state be increased to 5.2 percent, instead of the 4.2 percent recommended earlier in September. In...
People
Nov 4 2007 // Bermuda-based Catlin Group Ltd. appointed Nick Greggains chief underwriting officer for insurance, and Andrew Englesbe chief underwriting officer for reinsurance for Catlin U.S. Both will be responsible for insurance and...
Commercial insurers stock prices, M&A activity flat in third-quarter 2007
Nov 4 2007 // Stock Prices: Commercial property/casualty insurer stocks have been relatively flat through the third quarter of 2007. Chubb Corp. (NYSE:CB) had the largest gains for the year, up a modest 3 percent. M&A Activity: The...
