Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Danielson Holding Corp. Reports $14.33M Loss on Revenues of $94.1M
Apr 3 2002 // Danielson Holding Corporation reported a loss of $14.33 million ($0.74 per diluted share) on revenues of $94.1 million for the year ended Dec. 31, 2001, compared with income of $1.03 million ($0.05 per diluted share) on...
Calif. Workers’ Compensation Medical Payments on the Rise
Apr 3 2002 // The average medical payment per workers’ compensation claim in California has been increasing significantly in recent years mainly as a result of more visits to non-hospital providers and rising hospital costs,...
NCCI to get Connected with 2002 Annual Issues Symposium
Apr 2 2002 // NCCI Holdings, Inc. has announced its agenda for the 2002 Annual Issues Symposium (AIS), May 9-10 in Orlando, Fla. NCCI’s Annual Issues Symposium brings together experts in the workers’ compensation field for...
Selma Resident Jailed, Must Pay $65,951 in Workers’ Comp Restitution
Mar 27 2002 // Ricky Lee George, 47, a resident of Selma, Calif., was sentenced to three years in state prison for his conviction of one count of workers’ compensation insurance fraud. The charges were the result of an...
P&C Insurers See 2001 Profits Dip Drastically
Mar 26 2002 // The nation’s property and casualty insurers lost $738 million during the first nine months of 2001, compared to a $19 billion profit during the same period in 2000, according to research conducted by Weiss Ratings,...
PAULA Financial Subsidiary to Exit Workers’ Comp
Mar 25 2002 // PAULA Financial announced that its underwriting subsidiary, PAULA Insurance Company, will voluntarily cease underwriting workers’ compensation business effective immediately. The decision comes as a result of claims...
Insurance Fraud: A Perpetual Bane for Industry, Consumers
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
Workers’ Comp Texas, A League of its Own
Mar 25 2002 // One of the many singular phenomena that sets Texas apart from the rest of the U.S. is the fact that it is the only state in the Union that does not require its employers to participate in the workers’ compensation...
Workers’ Comp TexasA League of its Own
Mar 25 2002 // One of the many singular phenomena that sets Texas apart from the rest of the U.S. is the fact that it is the only state in the Union that does not require its employers to participate in the workers’ compensation...
Insurance Fraud: A Perpetual Bane for Industry, Consumers
Mar 25 2002 // Since the insurance industry’s inception, fraud has proved a perpetual problem, an inherent risk that will likely never be totally eliminated. Carriers have long warned that fraud ultimately causes them to raise...
PETROSURANCE IN RECEIVERSHIP
Mar 25 2002 // Oklahoma District Court Judge Dan Owens, acting on a request by state insurance commissioner Carroll Fisher, placed Petrosurance Casualty Corp. of Arlington, Texas, into receivership after the discovery that the company is...
Wash. Couple Charged with Denying Workers’ Comp Payments
Mar 22 2002 // A Washington couple faces an excess of criminal charges, including the alleged falsification of payroll records to avoid paying workers’ compensation premiums, among others. Charges have been filed by Clark County...
UIS Releases Web for State Filing–;the Workers’ Comp Edition
Mar 22 2002 // Uniform Information Services (UIS), a provider of information solutions for compliance professionals in the property & casualty insurance industry, has released AuthenticWeb™ for State Filing—the Workers’...
Fremont General Reports Profit, Studying Sale
Mar 21 2002 // California-based financial services company Fremont General Corp. has reported a fourth-quarter profit, moving from a loss from a year earlier, when it recorded large losses in its workers’ compensation insurance...
Los Angeles Man Charged with Three Felony Counts of Workers’ Comp Fraud
Mar 18 2002 // The Los Angeles County District Attorney’s Office filed three felony counts of insurance fraud against Edward Martinez, 31,who was already in custody at the Los Angeles County Central Jail on an unrelated case. If...
Minn. Commerce Commissioner Makes Appointments to Auto, Workers’ Comp Boards
Mar 12 2002 // Commerce Commissioner Jim Bernstein recently announced appointments to both the Governing Committee of the Minnesota Automobile Insurance Plan and the Minnesota Workers’ Compensation Insurers’ Association board...
AAI Warns Bill Would Increase N.Y. Workers’
Mar 6 2002 // New York employers already reeling from rapidly escalating workers’ compensation medical costs would face substantial new increases if a bill to increase chiropractic fees is approved in the legislature, according to...
PAULA Financial Subsidiary to Exit Workers’ Comp
Mar 4 2002 // PAULA Financial announced that its underwriting subsidiary, PAULA Insurance Company, will voluntarily cease underwriting workers’ compensation business effective immediately. This decision comes as a result of claims...
CDI Issues Notice to Retroactively Tax Deductible Workers’ Comp Policies
Mar 4 2002 // The American Insurance Association (AIA) issued the following statement in response to the California Department of Insurance’s (Department) decision to redefine deductible payments sent to workers’...
Pinned With Fraud Charges, Man Surrenders
Feb 26 2002 // Sher Singh, 47, of Rancho Cordova, Calif., surrendered to authorities Feb. 21 and was booked into the Santa Clara County Jail for alleged insurance fraud. On May 11, 1999, Singh allegedly injured his back after bending...
