Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
NYSID to Hold Public Hearing on Proposed Workers’ Comp Rate Increase
Jun 24 2003 // The New York State Insurance Department announced that it has scheduled a public hearing on July 3, to consider the application of the New York Compensation Insurance Rating Board (NYCIRB) for a workers’ compensation...
State Fund Wins Major Workers’ Compensation Class Action Suit
Jun 23 2003 // State Compensation Insurance Fund has won a final decision in the largest and longest-running class action lawsuit in the 89-year history of California’s workers’ compensation system. San Francisco Superior...
S&P: Commercial Lines Outlook Still Negative
Jun 23 2003 // NEW YORK – Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a Managing...
Majestic Insurance Co. Affirmed
Jun 23 2003 // A.M. Best Co. reaffirmed the “A-” (Excellent) rating for Majestic Insurance Co., a San Francisco, Calif.-based workers’ compensation insurance carrier. This rating category is assigned to companies that...
The American Dream in California is Just That-A Dream
Jun 23 2003 // When you hear the phrase, “I want to live the American dream,” and you ask what that means, many people say that they want to own their own home where they can raise their family. Unfortunately, the dream is...
S&P: Commercial Lines Outlook Still Negative
Jun 23 2003 // Two years into the hardest market in decades, the insurance business is still paying the price for the “irrational exuberance” of its recent years, in the words of Robert Partridge, a managing director at...
Pickens Believes Competitive Market is Best Climate for Business
Jun 23 2003 // Mike Pickens Having served six years in his present office, Arkansas Insurance Commissioner Mike Pickens has had an opportunity to see a number of changes in his state over the years. Pickens recently sat down with...
MarketScout Adds Five New Underwriters
Jun 19 2003 // MarketScout, a Dallas, Texas based e-commerce company specializing in the distribution of property and casualty insurance products, announced the recent addition of five new underwriters to their staff. Joining the...
Calif. Commissioner Serves Cease & Desist on Unauthorized Insurer
Jun 19 2003 // Insurance Commissioner John Garamendi announced that the California Department of Insurance (CDI) served a Cease and Desist Order on Insurance Company of the Americas (ICA) based in Bradenton, Fla. and Oriskany, N.Y.,...
Former N.Y. Broker Charged with Selling False Workers Comp Policy
Jun 16 2003 // New York State Insurance Department Superintendent Gregory Serio announced the arrest of Ross Anderson, 47, a former insurance broker, on charges that he falsified business records by selling fraudulent insurance, leaving...
Video Evidence Used in Texas Workers’ Comp Fraud Case
Jun 11 2003 // Texas Judge Bill Bender in the 403rd Judicial District Court found Thomas O’Laughlin guilty of workers’ compensation fraud after O’Laughlin pleaded no contest. According to Texas Mutual Insurance Company,...
State Fund Takes Legal Action Against Garamendi, CDI
Jun 9 2003 // California’s workers’ comp market reached yet another boiling point recently when the State Compensation Insurance Fund filed suit against Insurance Commissioner John Garamendi and the Department of Insurance...
Orange County Woman Pleads Guilty to Workers’ Comp Fraud
Jun 9 2003 // Noel DeSota of Orange County was arrested by CDI fraud investigators and sentenced to serve 60 days in Orange County Jail, complete 120 hours of community service, three years probation, and pay a $200 court fine. DeSota...
Execs Talk Future of Industry at 9th Annual ITC Forum
Jun 9 2003 // “Amateur hour is over.” Those were the words of the Sullivan Group president Gerald J. Sullivan, addressing a roomful of industry executives recently at the 9th Annual Insuring the Children Forum....
Sparks Fly During Nevada’s Legislative Session
Jun 9 2003 // The fireworks, bright lights and loud noises emanating from Nevada is not the Las Vegas strip, it is actually the final weeks of legislative debate in the state capital in Carson City. Once again the Nevada legislature has...
Calif. Commissioner Obtains Conservation over Fremont Indemnity
Jun 5 2003 // In a clear indication of the enormous problems plaguing California’s workers’ compensation system, Insurance Commissioner John Garamendi obtained a conservation order June 4 over insolvent insurer Fremont...
Calif. Commissioner Obtains Conservation over Fremont Indemnity
Jun 4 2003 // In a clear indication of the enormous problems plaguing California’s workers’ compensation system, Insurance Commissioner John Garamendi obtained a conservation order June 4 over insolvent insurer Fremont...
Workers’ Comp Bills Sent to Texas Governor
Jun 2 2003 // The Alliance of American Insurers praised the passage of two bills in both houses the Texas Legislature that it believes will achieve meaningful reform of the troubled Texas workers’ compensation system. The bills...
State Fund, Auditor Disagree on Level of Reserves
Jun 2 2003 // In a letter from State Compensation Insurance Fund to its brokers, president Diane Oki reiterated the solvency of workers’ comp carrier, writing “To set the record straight, State Fund is solvent.” In...
IWIF Hosts Free Md. Workers’ Comp Seminars
May 30 2003 // Maryland-based Injured Workers’ Insurance Fund (IWIF) is hosting free policyholder seminars around the state from June through November. The half-day seminars feature a multi-media format that focuses on safe working...
