Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Figures
May 21 2007 // 37 The number of new homeowners insurance companies entering Texas since 2003, according to the Insurance Council of Texas. In addition, the state has gained 28 new auto insurance providers during that time. The ICT said...
Colorado ends legislative session; industry pleased tort auto system remains
May 21 2007 // The Colorado Legislature wrapped up its regular session on May 4, with fairly positive results for the insurance industry and consumers. The auto insurance system will remain a tort system, instead of reverting back to a...
Legislators aim to crack down on fraud
May 21 2007 // For years, Al Capone outwitted federal efforts to nail him for murder and other mobster-type crimes. The feds finally took him down with a breathtakingly simple courtroom gambit: tax evasion. California Capones Modern-day...
Calif. court limits employers’ liability in workers’ comp
May 21 2007 // The California Supreme Court has ruled that workers’ compensation reforms adopted in 2004 do not supersede employer apportionment of compensation for permanent disability injuries. In reviewing cases from five...
D&O, workers’ comp lead downhill pricing parade, according to risk managers’ survey
May 21 2007 // Directors and officers insurance continues to be a highly competitive line. In the first quarter of 2007, D&O prices decreased by 7.7 percent and by more than 12 percent in the last two quarters of 2006 combined,...
Hawaii Gov. Lingle vetoes workers’ comp bill
May 21 2007 // Hawaii Gov. Linda Lingle handed state employers a victory this month, when she vetoed House Bill 854. The bill would have required wage loss or temporary total disability payments continue to be paid even during a dispute,...
Maine Touts Improved Ranking on Workers’ Comp Costs
May 21 2007 // The Maine Bureau of Insurance noted that a recent study of workers’ compensation costs shows improvement in Maine’s national ranking. A recent report covering 2006, issued by Actuarial and Technical Solutions,...
Calif. Workers’ Comp Permanent Disability Cuts Ruled Not Legal
May 21 2007 // A Workers Compensation Appeals Board judge has invalidated California’s rating schedule that cut injured workers’ permanent disability compensation. According to the California Applicant Attorneys Association,...
Calif. court limits employers’ liability in workers’ comp
May 21 2007 // The California Supreme Court has ruled that workers’ compensation reforms adopted in 2004 do not supersede employer apportionment of compensation for permanent disability injuries. In reviewing cases from five...
Colorado ends legislative session; industry pleased tort auto system remains
May 21 2007 // The Colorado Legislature wrapped up its regular session on May 4, with fairly positive results for the insurance industry and consumers. The auto insurance system will remain a tort system, instead of reverting back to a...
Legislators aim to crack down on fraud
May 21 2007 // For years, Al Capone outwitted federal efforts to nail him for murder and other mobster-type crimes. The feds finally took him down with a breathtakingly simple courtroom gambit: tax evasion. California Capones Modern-day...
Big Dig insurer AIG to pay $58.5 million in workers’ comp excess profit
May 21 2007 // Massachusetts Attorney General Martha Coakley has reached a $58.5 million settlement with American International Group (AIG), the workers’ compensation carrier for the Central Artery Tunnel (CA/T) Project, known as...
Insurers Urge S.C. Senate to Accept House Version of Workers’ Comp Bill
May 17 2007 // The South Carolina House of Representatives unanimously approved a workers’ compensation reform measure that is stronger than the version passed last month by the Senate, according to the American Insurance...
Texas Delivery Truck Driver Sentenced for Workers’ Comp Fraud
May 17 2007 // Texas Mutual Insurance Company reported that Cecil R. Bryant of DeSoto, Texas, pleaded guilty to workers’ compensation fraud-related charges. A Dallas County court ordered Bryant to serve a five-year probated...
Mass. Workers’ Comp Rates Going Down Again, This Time by 16.9%
May 16 2007 // Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s...
Texas Workers’ Comp Division Improves Online System Forms
May 16 2007 // The Texas Department of Insurance (TDI), Division of Workers’ Compensation (Division) announced it has improved the functionality of more than 90 forms posted on the agency Web site,...
Texas Secretary, Barrel Racer Pleads Guilty to Fraud Charges
May 14 2007 // Texas Mutual Insurance Company reported that a Houston woman pleaded guilty to workers’ compensation fraud-related charges in a Travis County district court. The court sentenced Sheryl K. Reynolds to a 10-year...
NCCI Reiterates “Optimistic but Cautious” Outlook for Workers Comp
May 11 2007 // The workers compensation calendar year combined ratio stands at 96.5 percent — the best underwriting result in at least 30 years and the first underwriting profit for the line since 1995 according to NCCI Holdings...
Majestic Insurance Appoints Senior VP of Underwriting
May 11 2007 // San Francisco-based Majestic Insurance Co., the U.S.-based primary insurance subsidiary of CRM Holdings Ltd., has appointed James C. Kilduff as senior vice president of underwriting. Kilduff has more than 26 years of...
Colo. Ends Legislative Session; Positive for Insurance Industry
May 11 2007 // The Colorado Legislature wrapped up its regular session on May 4, with fairly positive results for the insurance industry and consumers. The auto insurance system will remain a tort system, instead of reverting back to a...
