Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Attributes of an excellent and lasting EPLI program
Jan 7 2007 // In this soft market, opportunities are once again strong for employment practices liability insurance (EPLI) program business. However, this time there are markets that have matured with the product and are in a position...
N.Y. Gov. Spitzer Cites Workers’ Comp Reform as Legislative Priority
Jan 4 2007 // In his first report to the state, New York Gov. Eliot Spitzer included reforms of the state’s workers compensation and health care systems among the priorities in an ambitious legislative agenda. He said the two...
Employers Adds Agent Incentives for Pharmacy Workers’ Comp Program
Jan 4 2007 // Reno, Nev.-based Employers has enhanced its workers’ compensation insurance program for California’s independent pharmacies. According to the company, independent pharmacies engage in many unique patient...
NCCI to Collect Proof of Insurance Information from Comp Carriers in Okla.
Jan 4 2007 // Insurers that write workers’ compensation insurance in Oklahoma may submit to the National Council on Compensation Insurance statutorily required proof of workers’ compensation insurance coverage for their...
Competitive Fla. Workers’ Compensation Market Has a Few Gaps
Jan 3 2007 // The Florida workers’ compensation market is in good shape, although some small firms may be having difficulty obtaining coverage. An analysis by Insurance Commissioner Kevin McCarty’s office shows the...
Report: Traffic Accidents’ Share of Workers’ Comp Losses Grows
Jan 3 2007 // Work-related injuries due to traffic accidents are relatively costly and are on the increase as a growing share of workers compensation loss costs. According to the National Council on Compensation Insurance Inc., the...
Ohio’s New Attorney General Faces Workers’ Comp Court Decision
Jan 3 2007 // Ohio’s new attorney general made criticism of the scandal-ridden state insurance fund for injured workers a hallmark of his campaign. Taking office next month, Democrat Marc Dann must now decide whether to appeal a...
Calif. Workers’ Comp Commission Elects Wilson Chairman
Jan 3 2007 // The California Commission on Health and Safety and Workers’ Compensation has elected Commissioner John C. Wilson chairman. Wilson is a contract accreditation consultant to the California Association of Joint Powers...
Outgoing Md. AG Curran Interested in Workers’ Comp Fund Job
Jan 2 2007 // Outgoing Attorney General Joseph Curran said he would be interested in temporarily heading the Injured Workers’ Insurance Fund while the agency’s board looks for a permanent president. Former state Sen. Thomas...
Natural Disasters, Workers’ Comp Still California Concerns, Garamendi Says
Jan 2 2007 // Outgoing California Insurance Commissioner John Garamendi said “California is not prepared for the financial consequences of a major disaster” and more work needs to be done to improve the state’s...
Texas Schedules Workshop on Workers’ Comp Health Care Networks
Dec 29 2006 // The Texas Department of Insurance, Division of Workers’ Compensation will hold a workshop on workers’ compensation health care networks on Jan. 31, 2007. The workshop will take place at the Capitol Auditorium,...
CRM Announces Management Changes
Dec 28 2006 // Hamilton, Bermuda-based CRM Holdings, Ltd. announced top-level management changes following the completion of its acquisition of Majestic Insurance Company. Effective Dec. 28, 2006, Daniel G. Hickey, Jr., will transition...
Ex-Md. Lawmaker Facing Charges Steps Down from Workers’ Comp Fund
Dec 28 2006 // Former Maryland state Sen. Thomas Bromwell has agreed to step down at the end of the year as head of the Injured Workers’ Insurance Fund under a separation agreement announced by the organization’s board of...
Majestic Receives License to Write Workers’ Comp in N.Y.
Dec 27 2006 // Majestic Insurance Co., recently acquired by CRM Holdings, Ltd., a provider of workers’ compensation services, has received licensing approval to operate in the state of New York. Majestic currently writes...
National Council on Compensation Insurance proposes increase for workers’ comp loss cost rates
Dec 25 2006 // The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs in Nevada, according to state Insurance...
New Markets Report
Dec 25 2006 // New insurance products seemed to be in great supply in 2006 as the market for most lines continued to turn toward softer times. No market was as robust as professional and management liability lines, according to a review...
Commissioners, compensation rules, earthquakes made for shaky ground
Dec 25 2006 // In the era when cowboys and gold panners roamed, the West was characterized as a wild yet adventurous place to live. Judging by 2006’s insurance industry headlines, those sentiments don’t seem to have...
Despite ‘uneventful’ year, there was no escaping catastrophes in 2006
Dec 25 2006 // It was difficult to get away from natural catastrophes in 2006, even though the year was relatively unscathed by those types of events. Back-to-back 2005 Hurricanes Katrina and Rita continued to wreak havoc on insurance...
2006: a big year for P&C buyers and sellers of all shapes and sizes
Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
