Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Colorado Defers Action on State-Chartered Workers’ Comp Fund
Feb 20 2012 // Colorado Gov. John Hickenlooper and Pinnacol Assurance, the state-chartered workers’ compensation fund, made the right decision earlier this month in deferring further consideration of plans to restructure Pinnacol....
Penn. OKs 5.7% Cut in Workers’ Comp Costs
Feb 20 2012 // The Pennsylvania Insurance Department approved a 5.7 percent decrease in overall workers’ compensation costs that will result in $160 million in savings for Pennsylvania employers. Regulators said employers can...
How Workers’ Comp Is Handling Aging Workforce
Feb 20 2012 // The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) also...
Is Common Law Bad Faith Dying in Texas?
Feb 20 2012 // When a carrier is sued for denying a claim, it is usual for policyholders to raise claims of bad faith. For decades now, policyholders have frequently pled both common law (i.e., law created by cases) and statutory (i.e.,...
California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 20 2012 // A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to...
Declarations
Feb 20 2012 // Climate Change “Climate change will have major implications for the insurance industry, yet few insurance companies are identifying their potential exposure and strategies for dealing with it.” —Andrew Logan,...
Former Cal-OSHA Chief Defends Safety Program
Feb 20 2012 // The former chief of the California Occupational Safety and Health Division defended its Injury’s Illness Prevention Program following a study by think tank RAND Corp. showing the occupational safety program that...
Long-time California Insurance Lobbyist Looks to 2012 Legislation
Feb 20 2012 // John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood, principal of Norwood & Associates, has garnered recognition for his political work...
U-Haul Parent to Strengthen Loss Reserves on Discontinued Workers’ Comp Business
Feb 20 2012 // Reno, Nev.-based AMERCO (Nasdaq: UHAL) announced earlier this month that following an internal review of its property and casualty subsidiary’s excess workers’ compensation business, Repwest will take a third...
Mass.-based PMC Insurance Appoints New England Territory Manager
Feb 13 2012 // PMC Insurance Group, a national workers’ compensation insurance wholesaler, appointed Kate Alben as New England territory manager. Alben will be responsible for the expansion and growth of the New England territory,...
American Specialty Introduces Workers’ Compensation Program
Feb 8 2012 // American Specialty Insurance & Risk Services has launched a workers’ compensation program that provides guaranteed cost coverage for the sports and entertainment industries. The company will target classes...
The Hartford Reports $127M Q4 Profit, Down 79% From One Year Ago
Feb 7 2012 // Hartford Financial Services Group reported $127 million for its 2011 fourth-quarter net income, down 79 percent from one year ago when the company posted $619 million profit. Results were hurt by higher net capital losses...
California Independent Contractor Law May Be Liability for Agents, Brokers
Feb 7 2012 // A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to...
OSHA Investigates Virginia School After Lead Found
Feb 7 2012 // Federal safety regulators are investigating a Roanoke school following the detection of lead in some paint chips. Roanoke City Public Schools deputy superintendent Curt Baker tells media outlets that the amount of lead...
Former Cal-OSHA Chief Defends Workplace Safety Program
Feb 6 2012 // The former chief of the California Occupational Safety and Health Division defended its Injury’s Illness Prevention Program following a study by think tank RAND Corp. showing the occupational safety program that...
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Feb 6 2012 // John Norwood is one of California’s best known legislative advocates for the insurance and financial services sectors. Norwood, principal of Norwood & Associates, has garnered recognition for his political work...
Accident Fund Holdings Launches Narcotics Program for Injured Workers
Feb 6 2012 // Accident Fund Holdings has created a comprehensive narcotics program to help reduce the health risk of drugs on injured workers and provide a mechanism for them to get back to work sooner. The primary components of the...
People
Feb 6 2012 // Jamie Durocher has been promoted to director of business development for Eau Claire, Wis.-based wholesale insurance firm, Scobie Group. Durocher has held the position of marketing representative with Scobie Group since...
Workers’ Comp Rate Hike Irks Florida Businesses
Feb 6 2012 // Florida small businesses seeing their second workers’ compensation rate increase in as many years are calling on the state to reduce the increase because they fear it will harm the economy. A small business group is...
Penn. Regulators Approve 5.7% Decrease in Workers’ Comp Costs
Feb 3 2012 // The Pennsylvania Insurance Department has approved a 5.7 percent decrease in overall workers’ compensation costs that will result in $160 million in savings for Pennsylvania employers. Regulators said employers can...
