Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Ohio Owed $13.5 M in Scandal Connected to Injured Workers’ Fund
Feb 23 2006 // The state is owed $13.5 million that allegedly was spent illegally as part of Ohio’s ill-fated investment in rare coins that shook up the state’s Republican leadership, the state auditor said in a report...
Calif. Commissioner Issues New Workers’ Compensation Regulations
Feb 22 2006 // California Insurance Commissioner John Garamendi has announced new workers’ compensation regulations that will require all insurers to submit certification forms that verify that claims adjusters and medical bill...
Meadowbrook/TPA Returns $2.5M to Mass. Workers’ Comp Self-Insureds
Feb 22 2006 // Meadowbrook/TPA Associates, a third-party administrator of self-insured workers’ compensation programs, announced it is distributing $2,475,000 in dividends to 475 Massachusetts businesses that are members of the...
First Cardinal Forms The CompPAC Trust of Texas
Feb 22 2006 // First Cardinal of Texas Ltd. announced the merger of two of its largest workers’ compensation trusts into a single entity, CompPAC Trust of Texas, effective Jan.1, 2006. The CompPAC Trust of Texas combines the...
Workers’ comp court case could cost Montana fund over $200 million
Feb 20 2006 // A looming workers’ compensation court case could cost Montanans $100 million and force a roughly $160 million rate hike for business buying insurance from the Montana State Fund, the agency’s top official...
CALIFORNIA CREATES WEB SITE
Feb 20 2006 // The California Department of Insurance has launched a new Web site to fight workers’ compensation fraud . The site, accessible on the California Department of Insurance (CDI) web site (www.insurance.ca.gov), will...
Reduced rates and renewed competition in Calif.
Feb 20 2006 // California workers’ compensation insurance rates are taking a turn for the better. Thanks to reform legislation, employers should have more access to reasonable rates. In fact, rates are roughly equivalent to 1995...
AIG to cover workers’ comp errors
Feb 20 2006 // As part of its record $1.6 billion overall settlement with state and federal officials for fraud and improper accounting, American International Group will pay states $343.5 million for underpayment of workers’...
Record $1.6 billion deal ends litigation, creates ‘new path’ for giant AIG
Feb 20 2006 // State and federal regulators on Feb. 9 announced agreements that resolve litigation and investigations of securities fraud, account steering, bid-rigging, improper accounting and under-reporting of workers’...
News Currents
Feb 19 2006 // Workers’ comp court case could cost Montana fund $200 million A looming workers’ compensation court case could cost Montanans $100 million and force a roughly $160 million rate hike for business buying...
WORKERS’ COMP COURT CASE
Feb 19 2006 // ARIZ. WILDFIRE SEASON Experts Say Devastation Ahead WASH. EMERGENCY MANAGEMENT Funds Come From State, Not Insurers CALIF. WORKERS COMP TAKES TURN FOR THE BETTER NONPROFITS INVITE NEW EXPOSURES
Legislative Advocacy: A matter of insurance industry survival
Feb 19 2006 // The Jack Abramoff lobbying scandal in Washington, D.C., has prompted many to question the appropriateness of legislative lobbying that has become so much a part of American politics. California leads the nation in money...
Calif. Workers’ Compensation
Feb 19 2006 // Reduced rates and renewed competition in Calif. California workers’ compensation insurance rates are taking a turn for the better. Thanks to reform legislation, employers should have more access to reasonable rates....
Two Suspects Arrested for Auto Insurance Fraud
Feb 19 2006 // Fraud Roundup Two Elk Grove, Calif., residents were arrested on insurance fraud charges related to the alleged staged theft, arson, and subsequent insurance claim for a vehicle belonging to one of the suspects. According...
S&P reports favorable workers’ comp outlook
Feb 19 2006 // The outlook for the U.S. workers’ compensation sector in 2006 is good, with the ratings impact for insurers expected to be neutral on the whole, according to a report from Standard & Poor’s Ratings...
News Currents
Feb 19 2006 // Record $1.6 billion deal ends litigation, creates ‘new path’ for giant AIG State and federal regulators on Feb. 9 announced agreements that resolve litigation and investigations of securities fraud, account...
AIG to cover workers’ comp errors
Feb 19 2006 // As part of its record $1.6 billion overall settlement with state and federal officials for fraud and improper accounting, American International Group will pay states $343.5 million for underpayment of workers’...
Ky. Insurance Regulator Says Stiff Penalties Handed out in Fraud Cases
Feb 17 2006 // The Kentucky Department of Insurance reported that recent Kentucky court actions indicate judges are increasingly handing out stiff sentences for insurance fraud-related crimes. “We hope the word is getting out that...
Nevada Approves Workers’ Comp Loss Costs Filing
Feb 16 2006 // Nevada Insurance Commissioner Alice A. Molasky-Arman has announced she has approved the National Council on Compensation Insurance filing for an average decrease of 0.3 percent for workers’ compensation voluntary...
N.Y. Worker Injured in Fall From Platform Gets $2.3 Million
Feb 16 2006 // A jury awarded $2.3 million to a Staten Island, N.Y. man who fell from a faulty work platform and broke a kneecap and wrist almost nine years ago, his lawyer said. The Manhattan state Supreme Court jury found this week...
