Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Richmond, Calif. Construction Firm Owners Sentenced in Fraud Case
May 21 2003 // California State Compensation Insurance Fund and Contra Costa County District Attorney Bob Kochly announced that the former owners of the now bankrupt Richmond-based Barthell Construction and Roofing Co. have been...
N.Y. Arrests Six on Workers’ Comp Fraud Charges
May 21 2003 // Nassau District Attorney Denis Dillon, the New York State Insurance Department, the State Insurance Fund and the Inspector General of the Workers’ Compensation Board jointly announced the arrest of six individuals...
Houston Surgeon Indicted for Workers’ Comp Fraud
May 21 2003 // Houston Surgeon Indicted for Workers’ Comp Fraud
The Hartford Launches Agent Suite of Transactions Using XDTI
May 21 2003 // The Hartford Financial Services Group has introduced a suite of transactions for independent agents who use XDimensional Technologies’ (XDTI) Nexsure agency management system, further increasing agents’ ease of...
Skyrocketing Prices Leaving Doubts In The Air
May 19 2003 // With California’s workers’ compensation market in a tailspin, Sacramento’s legislators, the governor and the state insurance commissioner are pulling out all the stops to repair a system that’s...
CONNING STUDY SAYS WC MARKET FACES MAJOR SHIFT AS STATE FUNDS SWELL
May 19 2003 // State-sponsored funds have quickly become a force in the workers’ compensation market, altering the competitive landscape for the private insurers that once dominated this line of business, according to a new study...
Workers’ Comp Market Analysis Shows Remarkable Improvement for Combined Ratio; Fall in Investment Income
May 16 2003 // The National Council on Compensation Insurance (NCCI) released its annual “State of the Line” preliminary workers’ compensation market analysis this week, with this year’s report indicating that the...
PAULA Financial Reports Net Income for 1stQ 2003
May 15 2003 // PAULA Financial announced net income for the first quarter of 2003 of $0.05 per share compared to $0.03 per shares for the 2002 period. Total revenue for the first quarter of 2003 was $4.6 million compared to $3.3 million...
Sacramento Man Arrested for Workers’ Comp Fraud
May 13 2003 // Gyan Singh, 55, of Sacramento, was arrested without incident and booked into the Sacramento County Jail on one count of insurance fraud. According to California Department of Insurance investigators, Singh was involved in...
Texas Court Upholds Workers’ Comp Medical Fee Schedule
May 12 2003 // A recently released Texas trial court ruling will help control workers compensation medical costs by setting reasonable medical fees within the state’s workers compensation system, according to the Alliance of...
IBA West Blue Ribbon Conf. Sails Along
May 7 2003 // A discussion on the state of the California workers’ comp market, the industry’s hard market, and other topics highlighted the opening round of discussions at the 2003 IBA West Blue Ribbon Conference in Hawaii...
Fla. Senate Fails to Pass House Bill on Workers’ Comp Reform
May 7 2003 // The Alliance of American Insurers reported its disappointment in the Florida Legislature’s failure to pass legislation workers’ compensation reform legislation by the end of its regular session May 2. The...
Mont. Legislative Session Ends; Privacy, Workers’ Comp Bills Pass
May 6 2003 // Bills involving privacy, workers’ compensation, and unfair claims handling practices were the key insurance-related legislation that passed the 2003 Montana legislature, which adjourned last week. “Probably the...
ACE Casualty Risk Launches ACE Complete for Web-Based Workers’ Comp
May 6 2003 // ACE Casualty Risk, a division of ACE USA, has launched ACE Complete(SM), a web-based underwriting facility which enables contracted brokers to conduct underwriting transactions – from entry to issuance – in a...
Calif. Commissioner Addresses Needs for Reform to Workers’ Comp
May 6 2003 // California Insurance Commissioner John Garamendi spoke recently to the Assembly Insurance Committee in Sacramento. Below are his comments as provided by the Calif. Department of Insurance. Chairman Vargas and Committee...
G.S. Levine Ins. Services to Host WC Seminar May 9
May 2 2003 // San Diego-based G. S. Levine Insurance Services Inc. will host a workers’ compensation seminar May 9 at the Del Mar Hilton in Del Mar, Calif., at 8 a.m. With more than 50 bills introduced in the California...
Texan Sentenced for Workers’ Comp Fraud
May 2 2003 // The 90th Judicial District Court in Texas recently sentenced Eric Beaver to a two-year prison sentence after he pleaded guilty to fraudulently obtaining workers’ compensation benefits. According to Texas Mutual...
SCIF Announces Conviction of Calif. Couple for WC Fraud
May 2 2003 // State Fund and Contra Costa County District Attorney Bob Kochly announced that the former owners of the now bankrupt Richmond-based Barthell Construction and Roofing Co. have been sentenced to five years probation and...
Zenith Nat’l Reports 1stQ Results
May 1 2003 // Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $11.7 million, or $0.62 per share, for the first quarter of 2003 compared to net income of $2.8 million, or $0.15 per share, for the first...
WASH. STATE WC TO INCLUDE ACTS OF TERRORISM
May 1 2003 // Washington taxpayers and the State Fund will get significant financial relief from the federal government in the event of an act of terrorism that results in catastrophic losses to the workers’ compensation system....
