Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Alliance Says Gov.’s Stance on Utah State Fund Debate ‘Right on Track’
Jul 21 2003 // Efforts by Utah Gov. Mike Leavitt (R) to make sure the debate over the future of the Workers Compensation Fund of Utah (WCF) and its subsidiaries focuses on “big picture” issues and doesn’t degrade into...
WASH. WC BENEFITS INCREASE 1.9 PERCENT:
Jul 21 2003 // Workers currently receiving Washington workers’ compensation time-loss or pension benefits were to receive a 1.9 percent cost-of-living increase effective on July 1. The new maximum monthly benefit will be $3,794,...
Calif. Lawmakers Form Workers’ Comp Reform Committee
Jul 21 2003 // California Insurance Commissioner John Garamendi commended lawmakers July 9 for moving workers’ compensation bills into a Legislative Conference Committee, and consequently moving the reform of the system closer to...
Kemper Sends Agents Scrambling to Replace Business
Jul 21 2003 // Lost amid news of the Kemper Insurance Cos.’ precipitous slide in financial health is how badly its relationships with the agents and brokers needed to market its products had deteriorated. A number of agents have...
TEXAS CO. GUILTY OF WC FRAUD:
Jul 21 2003 // Travis County District Judge Patrick Keel has found that a San Antonio janitorial company lied about its payroll to get workers’ compensation coverage so it could pursue lucrative government contracts. According to...
Fla Gov. Signs WC Bill Into Law
Jul 17 2003 // The signing into law of important workers’ compensation reform legislation by Florida Gov. Jeb Bush will go a long way toward limiting the cost of insuring workers in the state against injury and will boost the...
APCapital’s WC Unit CEO Resigns
Jul 17 2003 // East Lansing, Mich.-based American Physicians Capital Inc. (APCapital) announced that Raymond Jacobsen, CEO of the company’s workers’ compensation business unit, has submitted his resignation effective...
N.Y. Dept. Rejects Filing to Boost Workers’ Comp Rates
Jul 16 2003 // New York State Insurance Superintendent Gregory Serio reportedly rejected this years’ filing by the New York Compensation Insurance Rating Board (NYCIRB) for a workers’ compensation insurance overall rate...
Fitch Says WC Rates Still Inadequate
Jul 16 2003 // Last year marked a reversal of a six-year trend of deteriorating results for the workers’ compensation insurance sector as the market posted a significant improvement in underwriting performance, but overall results...
Benefits Grow Faster than Wages for First Time Since 1992
Jul 15 2003 // Benefits paid to workers and employers’ costs for workers’ compensation rose slightly faster than wages in 2001, according to a new report released today by the National Academy of Social Insurance. This is the...
Fla. WC Costs 18% Above Median in WCRI Study
Jul 15 2003 // Workers’ compensation costs per claim in Florida for all paid claims were higher than most states analyzed in a national study and growing at a double-digit rate, according to a new study by the Workers Compensation...
AIA Responds to Calif. WC Reform Committee Announcement
Jul 14 2003 // In response to the recent decision to move all pending California workers’ compensation legislation to a Legislative Conference Committee that will consider broad reforms to the system, the American Insurance...
WCRI Study Says Ga. Has Low WC Costs Per Claim but Higher Indemnity Costs
Jul 14 2003 // Workers’ compensation costs per claim in Georgia were low relative to costs in the other states analyzed in a national study by the Workers Compensation Research Institute (WCRI), although indemnity costs per claim...
CompPartners to Offer HCO to First Health Clients in Calif.
Jul 11 2003 // Irvine, Calif.-based CompPartners has formed a business relationship with First Health Group Corp. to provide The First Health® Network to its workers’ compensation Health Care Organization (HCO) clients in...
Calif. Lawmakers Form Workers’ Comp Reform Committee
Jul 10 2003 // California Insurance Commissioner John Garamendi commended lawmakers July 9 for moving workers’ compensation bills into a Legislative Conference Committee, and consequently moving the reform of the system closer to...
Texas Co. With No Employees Found Guilty of WC Fraud
Jul 8 2003 // In late June, Travis County (Texas) District Judge Patrick Keel found that a San Antonio janitorial company reportedly lied about its payroll to get workers’ compensation coverage so it could pursue lucrative...
Fugitive Arrested in Sacramento
Jul 7 2003 // Two counts of insurance fraud and one count of attempted perjury led the CDI to the arrest of Hamman Noel Jr., aka Kenneth Arlington, 32, of Stockton, Calif., who had been a fugitive for more than a year. In April 2000,...
Mo. WC Pool Will See Average Rates Fall
Jul 3 2003 // For the next year, average workers’ compensation rates will fall slightly for Missouri employers that buy coverage through the state’s “pool” of last resort, according to Scott Lakin, director of...
Suffolk County N.Y. Sweep Nets 18 on Charges of Workers’ Comp Fraud
Jul 1 2003 // Suffolk County District Attorney Thomas Spota announced the arrest of 18 people on charges of grand larceny, insurance fraud and other crimes related to defrauding New York’s State Workers’ Compensation...
A.M. Best Upgrades AmTrust to ‘A-‘
Jun 30 2003 // A.M. Best Co. has upgraded its rating of Beachwood, Ohio-based AmTrust Group (AG), which focuses on workers’ compensation for smaller employers, to “A-” (Excellent) based on a quantitative and qualitative...
