Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Insurate, Workers’ Compensation Insurtech, Secures $4.5M Investment
Oct 6 2021 // Omaha-based Insurate, a data science-based provider of workers’ compensation, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd. Joining the...
Workers’ Compensation Reserve Redundancy Reaches $14 Billion, Reports NCCI
Oct 4 2021 // Workers’ compensation insurers continue to stow away more money than necessary in reserves, even as reported loss ratios continue to climb, according to a report released by the National Council on Compensation...
Beyond the Headlines: Workplace Violence and Workers’ Compensation Claims
Oct 4 2021 // Whenever a legal dispute arises as to insurance coverage, the court will evaluate policy language to determine if a specific cause of loss constitutes a covered event under the terms of that policy. When workers’...
Workers’ Compensation Premiums Flat for First Six Months of 2021
Oct 4 2021 // A comparison of workers’ compensation direct premium written indicated an overall decrease of approximately 0.3% for the first six months of 2021 compared to the first six months of 2020. Fifteen of the Top 25...
OSHA Fines Tampa Smelter $320,000 for Lead Exposure
Oct 1 2021 // The U.S. Occupational Safety and Health Administration has fined a Tampa battery recycling center and smelter almost $320,000 for exposing workers to unsafe levels of lead, cadmium and arsenic, despite being warned about...
Florida Appeals Court Finds Workers’ Comp Judge Used Flawed Logic
Sep 30 2021 // If doctors offer differing opinions on a work injury, a judge must appoint a third physician to help settle the matter, according to Florida’s workers’ compensation rules. And an administrative law judge must...
Connecticut Considers Drop in 2022 Workers’ Comp Rates, Seeks Public Comment
Sep 30 2021 // Connecticut Insurance Commissioner Andrew N. Mais issued a department notice on September 24 announcing a 30 day period of public comment on the National Council on Compensation Insurance’s (NCCI) voluntary loss cost...
Workers’ Compensation Underwriting Results Again Beat Other Lines in 2020
Sep 30 2021 // Workers’ compensation underwriters have been consistently generating better underwriting profits than other property/casualty lines of business, and did so again in 2020 amid the pandemic. According to an AM Best...
Arrowhead Expands Workers’ Comp Program in 5 Southeastern States
Sep 29 2021 // Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the expansion of its Workers’ Compensation Program into five new southeastern states: Tennessee, Georgia, North and South Carolina and Alabama, with...
Workers’ Comp Pays More Than Group Health to Treat Similar Injuries: NCCI Study
Sep 29 2021 // Workers’ compensation pays more than group health to treat comparable injuries, according to a research brief issued by the National Council on Compensation Insurance. Although the workers’ compensation benefit...
California Workers’ Comp Written Premium for 2020 Was $1.9B Below 2019
Sep 28 2021 // Written premium for 2020 was $1.9 billion, or 12%, below that for 2019 and was the lowest since 2012, according to a new report out from the Workers’ Compensation Insurance Rating Bureau. Written premium for the...
Omaha National Raises $45M, Will Transition to Being Direct Workers’ Compensation Writer
Sep 28 2021 // Technology-enabled workers’ compensation and payroll services provider Omaha National Group, Inc. announced a $45 million Series B round led by Accomplice. The company said it plans to use the funds to support its...
Connecticut Woman Charged with Workers’ Compensation Fraud, Larceny
Sep 27 2021 // A Wallingford, Connecticut, woman was arrested and charged with illegally collecting workers’ compensation benefits while being employed as a teacher for the City of Bristol Board of Education. Ann Marie Barros was...
Innovation in Workers’ Compensation: Getting Ahead of Risk and Injury
Sep 27 2021 // This post is part of a series sponsored by The Hanover Insurance Group. Workers’ compensation claims can significantly impact a business’s productivity and bottom line. Out-of-work employees cause company...
People Moves: Biggs Joins Oklahoma Workers’ Comp Commission; Alliant Adds Soto, Hargrave in Texas; ICT Hires Johnson
Sep 23 2021 // Biggs Joins Oklahoma Workers’ Comp Commission The Oklahoma Workers’ Compensation Commission (WCC) added Scott Biggs as its newest commissioner. The WCC and its three commissioners are tasked with carrying out...
Washington Business Owner Repays $43K for Bogus Worker’s Comp Interpretation Bills
Sep 23 2021 // A Seattle, Wash. woman accused of forging signatures and stealing money by billing the state for appointments, some related to workers’ compensation services, that never happened pleaded guilty Wednesday. Carla C....
Oklahoma to See 9.4% Drop in Workers’ Comp Loss Costs in 2022
Sep 22 2021 // The Oklahoma Insurance Department approved a 9.4% decrease in workers’ compensation insurance loss costs for 2022, a reduction that will lead to lower premiums for many Oklahoma businesses, the department said. Loss...
Washington Proposes 3.1% Increase in Workers’ Comp Rates for 2022
Sep 21 2021 // The Washington Department of Labor & Industries is proposing an increase in the average price employers and workers pay for workers’ compensation insurance next year. If the proposal is adopted, it would be the...
Business Owners Have a New Workers Compensation Resource
Sep 21 2021 // Wells Media Publishes Workers Compensation in Two Hours: The Business Owner’s Guide to an Exceptional Workers Compensation Program Phoenix, AZ, September 21, 2021 – Workers compensation program management can...
California Contractors Charged in $5M Workers’ Comp Fraud Scheme
Sep 20 2021 // The Alameda County District Attorney’s Office along with the California Department of Insurance on Monday announced charges against multiple suspects in an organized insurance and workers’ compensation fraud...
