Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Tenn. Workers’ Comp Reform Bill Goes to Governor
May 21 2004 // The Tennessee General Assembly on Thursday gave final approval to workers’ compensation legislation that seeks to address rising costs in the state’s workers’ comp system. SB 3424, introduced at the...
N.Y. Businesses ‘Stunned’ by 29% Comp Rate Hike Bid
May 21 2004 // A recommendation from the New York Compensation Insurance Rating Board (CIRB) to increase employers’ average workers’ compensation premiums by 29 percent is “stunning and frightening,” according to...
Daneri Named Chief Legal Counsel For State Compensation Insurance Fund
May 21 2004 // San Francisco-based State Compensation Insurance Fund -California’s largest workers’ compensation insurance carrier – has appointed Robert W. Daneri as chief counsel. Daneri had served as assistant chief...
LWCC Pays $10 Million Dividend
May 20 2004 // The Louisiana Workers’ Compensation Corporation (LWCC) announced the distribution of its first-ever dividend, returning $10 million to over 21,000 qualifying Louisiana policyholders. This was a goal of the Board of...
U.S. House Passes OSHA Changes for Employers
May 20 2004 // Employers could get more time to challenge citations by the Occupational Safety and Health Administration and more companies could recoup lawyers’ fees under a set of House bills that would make employer-friendly...
W. Va. WCBM Passes Pair of Rules
May 20 2004 // The Workers’ Compensation Board of Managers has approved two “historic” rules to regulate how self-insured companies will conduct business in West Virginia. Under Rule 18, the 127 active self-insured...
A.M. Best Affirms A- Excellent Rating for Majestic Insurance Company
May 19 2004 // A.M. Best Company has affirmed the A- (Excellent) rating for Majestic Insurance Company, a San Francisco-based workers’ compensation insurance carrier. This rating category is assigned to companies that have, on...
PAULA Financial Reports Net Income for the First Quarter of 2004
May 18 2004 // PAULA Financial announced net income for the first quarter of 2004 of $0.08 per share compared to $0.05 per share for the 2003 period. Total revenue for the first quarter of 2004 was $5.2 million compared to $4.6 million...
PCI Calls for Substantial TWCC Reforms
May 18 2004 // The Property Casualty Insurers Association of America (PCI) testified before the Texas Sunset Advisory Commission and asserted that substantial changes are needed to address the problems plaguing the Texas Workers’...
Fla. Towing Owner Pulled Over for Comp Fraud
May 17 2004 // The owner of a towing company with local government contracts has been charged with failing to provide workers’ compensation for his employees, according to Florida Chief Financial Officer Tom...
FIREFIGHTER GETS INDICTED TWICE:
May 17 2004 // An Oklahoma Multicounty Grand Jury indictment naming a former Tulsa, Okla. firefighter in a workers’ compensation fraud case was unsealed recently in Rogers County District Court. It showed that William Bradford...
Texas Comp System: ‘Good Ship Lollipop’ or ‘Pirates of the Caribbean”
May 17 2004 // Although Texas Workers’ Compensation Commission Executive Director Richard F. Reynolds acknowledged that statutory changes would do a world of good for the Texas workers’ compensation system, as well as for his...
Three Individuals Arrested in Separate Fraud Cases
May 17 2004 // The California Department of Insurance, Fraud Division (CDI) was involved in the arrest or surrender of three individuals in three separate cases. On May 6, Gaetano Chirco, 55, of San Jose, self-surrendered in Santa Clara...
Toledo Man Gets 30 Days for Comp Fraud
May 17 2004 // A Toledo man has been sentenced to 30 days in jail for committing workers’ compensation fraud, according to the Ohio Bureau of Workers’ Compensation. William Douglas was sentenced to 30 days jail time, two...
Defense Base Act Workers’ Comp
May 17 2004 // Nuts & Bolts: ACE U.S. International is offering coverage for Defense Base Act (DBA) workers’ comp exposures for prime contractors and subcontractors performing public works contracts overseas that have been...
Texas Comp System: ‘Good Ship Lollipop’ or ‘Pirates of the Caribbean”
May 17 2004 // Although Texas Workers’ Compensation Commission Executive Director Richard F. Reynolds acknowledged that statutory changes would do a world of good for the Texas workers’ compensation system, as well as for his...
Workers’ Comp on the Line
May 17 2004 // It looks like workers’ compensation will be the big insurance issue when the Texas Legislature meets again in 2005. The Texas Workers’ Compensation Commission recently came under fire at the Insurance Council...
MONTANA MAY HAVE TO PAY PRE-1990 WORKERS’ COMP CLAIMS:
May 17 2004 // The state of Montana may have to pay up to $584,000 in workers’ comp claims because the 2003 Legislature, in an effort to balance the 2004-2005 state budget, diverted $18 million from Montana State Fund. When the...
California’s Workers’ Compensation Problem – The Hidden Cause
May 17 2004 // Most, if not all, of work done over the past year on workers’ compensation reform has been directed at symptoms and not causes. The true cause of the workers’ compensation problem is poor employer management...
Oregon’s SAIF Releases Evaluation in Response to Concerns
May 17 2004 // Oregon’s State Accident Insurance Fund (SAIF) recently released a 10-point self-evaluation in response to Governor Ted Kulongoski’s concerns about the publicly-owned workers’ compensation insurance...