Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
FREMONT GENERAL SEES PROFIT, CONSIDERS SALE
Apr 15 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...
Wash. couple charged with fraud
Apr 15 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. Clark County prosecutors have filed...
Workers’ Comp, Truckman Class
Apr 15 2002 // Nuts & Bolts: Interline Insurance Services Inc. has available a program for workers’ compensation, truckman class. Available by appointment only. Endorsements — Standard. Not written mono-line. Dollars: Policy...
The Illusion of Protection: Terrorism, War and Workers’ Compensation
Apr 15 2002 // The impact of the terrorist attacks of September 11th on the property/casualty insurance industry can hardly be overstated—the largest catastrophe loss ever; an unprecedented convergence of coverages, creating a...
Discrimination and Wrongful Termination
Apr 15 2002 // Although workers’ compensation coverage affords insurance for injuries and disease incurred in the employment relationship, it does not extend to other employment-related claims, such as claims of discrimination or...
AIA Files Appeal with Calif. Board of Equalization on Retroactive Workers’ Comp Tax
Apr 11 2002 // The American Insurance Association (AIA), American International Companies and Liberty Mutual Insurance Company have filed an appeal with the California Board of Equalization (BOE), the state’s highest tax policy...
AAI Says OSHA Taking Correct Approach on Ergonomics
Apr 9 2002 // The Alliance of American Insurers has voiced its support for the broad outline of the Bush Administration’s ergonomics program announced in the last week. Voluntary guidelines and targeted enforcement actions have...
AAI Says Neb. Workers’ Comp Bill Would Hurt Policyholders
Apr 5 2002 // A bill that would transfer money from Nebraska’s Compensation Court Cash Fund to the general operating budget is part of a trend of bad public policy that will ultimately hurt policyholders, according to the Alliance...
Joint ‘I’ Day Focuses on Hard Market
Apr 5 2002 // “Submissions are coming in by the truckload. Renewals obviously are something that we’re very concerned about, said Derek Borisoff at this year’s Joint ‘I’ Day in Universal City,...
EQECAT Developing Compensation Loss Cost Models for WCIRB
Apr 4 2002 // EQECAT Inc. has been awarded a contract to develop the earthquake loss costs for the Workers’ Compensation Insurance Rating Bureau (WCIRB) of California. The loss costs are to be incorporated into their rate filing...
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...
