Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Converium Gives Details on Reserves, Plans to Raise $200 Million
Nov 19 2002 // Swiss-based Converium Group announced details of the $70.3 million in additional reserves it expects to fund for Converium North America during the fourth quarter. It also plans to raise an additional $200 million through...
Aon Unveils Two New Workers Comp Models for Earthquakes and Terrorism + James Bond
Nov 18 2002 // Aon Corp.’s subsidiary, Aon Re Inc., has unveiled two timely new models for workers’ compensation catastrophes. One covers all significant U.S. earthquake regions, and the second analyzes terrorism exposures...
Florida to See WC Premiums Hikes
Nov 15 2002 // Workers’ compensation premiums may rise by an average of 15 percent next year for many Florida employers, with some employer groups paying as much as a 42 percent rate increase, according to Florida Treasurer and...
Liquidation of Miami Company Sought
Nov 12 2002 // Florida State Treasurer and Insurance Commissioner Tom Gallagher wants Aries Insurance Company to consent to liquidation as a result of an arbitration panel ruling that determined the company is deeper in debt than...
COLO. WORKERS’ COMP LOSS COSTS TO DECREASE
Nov 11 2002 // Beginning Dec. 1, 2002, workers’ compensation loss costs for Colorado will decrease an average of 10.5 percent. Although individual employer workers’ compensation premiums are affected by other rating factors,...
Federal Terrorism Backstop a Good Public/Private Fit
Nov 11 2002 // Benjamin Franklin wore many hats: statesman, inventor, publisher—even firefighter. In fact, it was his experience fighting fires that made him realize the need to pool financial resources to protect properties and found...
AAI UPDATES WORKERS’ COMP PUBS
Nov 11 2002 // Updated editions of two workers’ compensation publications are now available from the Alliance of American Insurers. The first, Workers Compensation Insurance: Profiles of the State’s System, provides...
Federal Terrorism Backstop a Good Public/Private Fit
Nov 11 2002 // Benjamin Franklin wore many hats: statesman, inventor, publisher—even firefighter. In fact, it was his experience fighting fires that made him realize the need to pool financial resources to protect properties and found...
Texas Workers’ Comp Rule Supplements Available
Nov 7 2002 // The Texas Workers’ Compensation Commission announced the Texas Workers’ Compensation Act and Commission Rulebook Supplement 2002-04 is now available online at...
NAII Decries N.H. Court Ruling on Workers’ Comp Interest Payments
Nov 5 2002 // The National Association of Independent Insurers (NAII) objected to a recent New Hampshire Supreme Court ruling determining that interest on workers’ compensation payments run from the date of loss rather than the...
Dental Assistant Arrested for WC Fraud
Nov 4 2002 // In the evening of Oct. 30, 2002, California Department of Insurance (CDI) Fraud Division Investigators and Windsor Police Officers arrested Judith Lee Marciel (AKA Judith Lee Delgado, Judith Lee Douglas, Judith Lee Latch,...
Workers’ Comp
Nov 4 2002 // Nuts & Bolts: Innovative Risk Services is offering a temporary staffing program for workers’ compensation. This is a brokerage business. Dollars: Policy limits of $1,000,000/ $1,000,000/ $1,000,000. Minimum...
Zenith National Pleased With Continued Improving Numbers
Nov 1 2002 // California-based Zenith National Insurance Corp. reported operating income after tax of $7.0 million, or $0.37 per share, for the third quarter of 2002 compared to an operating loss after tax of $22.8 million, or $1.30 per...
Okla. Workers’ Comp Hearing Set
Nov 1 2002 // The Oklahoma Workers’ Compensation Court Administrator announced a public hearing on November 15, 2002 at 1:30 p.m. in the auditorium of the Oklahoma Historical Society, 2100 N. Lincoln Boulevard, Oklahoma City,...
Republic Indemnity Co., StrataCare Partner for Paperless Workers’ Comp Bill Review
Oct 31 2002 // Republic Indemnity Co. of America (RICA) announced the implementation of a paperless workers’ compensation claims and bill review system. Republic’s system was developed over the last year in partnership with...
AAI Releases Updates on Two Workers’ Comp Publications
Oct 31 2002 // The latest editions of two workers’ compensation publications are now available from the Alliance of American Insurers. The first, Workers Compensation Insurance: Profiles of the State’s System, provides...
PMA Partners with PMSI for Workers’ Comp Pharmacy Benefits
Oct 31 2002 // The PMA Insurance Group, a Blue Bell, Pa.-based property/casualty insurer specializing in workers’ compensation, announced an alliance with PMSI®, a unit of AmeriSource Bergen, to provide online pharmacy benefits...
Calif. Casualty’s Brown Elected Second Vice Chair of NAII
Oct 31 2002 // Thomas Brown, chairman of the board and CEO of the California Casualty Management Company, was elected second vice chair at the National Association of Independent Insurers’ (NAII) Annual Meeting this week. Brown...
TWCC Sets Ag Payroll Requirements and Maintenance Tax Rates
Oct 30 2002 // The Texas Workers’ Compensation Commission announced both the annual payroll requirement of an employer for the coverage of seasonal workers and the maintenance tax rate for gross premiums for 2002. The adjusted...
W. Va. Woman Pleads Guilty to Workers’ Comp Fraud Charges
Oct 30 2002 // Peggy Ann Cox of West Virginia has pled guilty in federal court on two counts of fraud. According to The Charleston Gazette, Cox made the plea to Chief U.S. District Judge Charles Haden II, admitting that between December...
