Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Friedlander’s N.Y. United Restaurants’ Safety Group Pays 40% Dividend
Jun 7 2005 // The Friedlander Group Inc., the group manager for United Restaurants of New York Workers’ Compensation Safety Group #556, underwritten by the N.Y. State Insurance Fund, paid a 40 percent dividend to approximately 740...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? From the 1980s until recently, insurance giant American International Group and its top executives “routinely engaged in...
WORKERS COMP RATES UP 3%:
Jun 6 2005 // Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in premiums paid by employers. The new rates...
WORKERS’ COMP WRITERS SEEK 16% HIKE:
Jun 6 2005 // The New York Compensation Insurance Rating Board has submitted a filing for an average 16.1 percent rate increase effective Oct. 1, 2005. This filing came at the same time that the board withdrew its bid for a 9.5 percent...
Coins of the Realm
Jun 6 2005 // You’ve probably heard by now about what happened in Ohio. The administrator of the state’s Bureau of Workers’ Compensation, Robert Conrad, has resigned amid a scandal over hundreds of missing coins. But...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
Contractor Sentenced in Comp Fraud Case
Jun 6 2005 // The owner of a Corona, California-based construction firm has begun serving a two-year jail sentence as part of his conviction on felony workers’ comp insurance fraud. Lawrence S. Hatfield, of Orange County, owner of...
News Briefs
Jun 6 2005 // MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? – Maurice “Hank” Greenberg, AIG CEO, 1992 From the 1980s until recently, insurance giant American International Group...
Editor’s Note: Coins of the Realm
Jun 6 2005 // You’ve probably heard by now about what happened in Ohio. The administrator of the state’s Bureau of Workers’ Compensation, Robert Conrad, has resigned amid a scandal over hundreds of missing coins. But...
Combined Independent Agencies
Jun 6 2005 // Alan Hardin, Jr. I realize John Allen is President of a PEO that provides workers’ compensation and that his view of non-subscription is the view of a competitor. That in no way, however, gives license to overlooking...
Texas Reaches Workers’ Comp Accord; Okla. Goes to Special Session
Jun 6 2005 // All spring, the Texas and Oklahoma Legislatures grappled with workers’ compensation reform legislation in their respective states. The two have many similar issues, including high insurance costs, low return-to-work...
Former California Broker Goes to Jail
Jun 6 2005 // Former Vallejo insurance broker Jimmie Earl Jackson, who pled guilty to felony grand theft in Solano County Superior Court May 5, was sentenced to 180 days in County Jail and ordered to serve three years of formal...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
Former California Broker Goes to Jail
Jun 6 2005 // Former Vallejo insurance broker Jimmie Earl Jackson, who pled guilty to felony grand theft in Solano County Superior Court May 5, was sentenced to 180 days in County Jail and ordered to serve three years of formal...
TWCC Summarizes Legislative Changes to Workers’ Comp System
Jun 3 2005 // The Texas Workers’ Compensation Commission posted an overview of changes to the Texas workers’ compensation system provided in the recently passed House Bill 7. Gov. Rick Perry has signed the bill into law and...
Pharmaceutical Reviews Target Workers’ Compensation Drug Costs
Jun 3 2005 // With prescription drug costs in workers’ compensation mounting at an annual rate of 13 percent, Professional Reviews Inc., a physician peer review company based in Atlanta, has launched Physician Pharmaceutical...
Moody Insurance Delivers $262,598 Cash Dividend for Workers’ Comp Program
Jun 2 2005 // Twenty-two Colorado companies are making a special trip to the bank today to deposit their share of the inaugural cash $262,598 dividend from the innovative Moody Select workers’ compensation program offered by...
W. Va. Workers’ Comp Reforms a Mystery; Education Program Planned
Jun 2 2005 // West Virginia workers’ compensation reforms, including the privatization of the Workers’ Compensation Commission are a mystery to residents according to the results of a poll released today by RMS Strategies....
