Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Top 25 Workers’ Comp Insurers Show 36% Increase in Average Direct Premium Written
Sep 7 2009 // Results Based on Insurers’ Growth June 30, 2009, versus June 30, 2008 As I write this article, the unemployment rate in the United States was reported to be 9.4 percent as of the end of July. Gross Domestic Product...
Rates, Claim Frequency Still Declining in Workers’ Comp; Medical Costs Rise
Sep 7 2009 // States Are Not Equal in Handling Worker Injuries Prices for workers’ compensation insurance in the United States declined in 2008 and, in general, that trend is likely to continue in throughout 2009, according to the...
Kentucky Workers’ Compensation Costs Drop for 4th Straight Year
Sep 7 2009 // Kentucky workers’ compensation costs are continuing to drop, with latest figures showing an average reduction of 6.4 percent. Insurance Commissioner Sharon P. Clark has approved the industry’s loss cost...
Study: Workers’ Compensation System Failing Lower Wage Workers
Sep 3 2009 // Only eight percent of lower wage workers injured on the job receive workers’ compensation benefits, according to a new report. Also, lower wage workers — those earning just over $8 per hour on average —...
California’s Workers’ Comp Fund Offers Aid
Sep 3 2009 // California’s State Compensation Insurance Fund announced Tuesday that it will extend credit to policyholders who have suffered a financial loss or business disruption caused by several wildfires that are ravaging...
North Carolina Workers’ Compensation Rates Could Drop 9.6%
Sep 2 2009 // North Carolina Insurance Commissioner Wayne Goodwin said he has received industry rate filings for workers compensation requesting a 9.6 percent decrease in the voluntary market and a 1.3 percent increase in the assigned...
Ohio Work Comp Agency Cites Successes, Including Rate Stabilization
Sep 2 2009 // The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors recently marked its two-year anniversary and detailed significant progress made in the past 24 months. The board was created in House Bill 100 of the...
New York Allows Lump Sum Workers’ Comp Payments
Sep 1 2009 // New Yorkers who suffer a permanent partial disability can be paid workers’ compensation benefits in a single, lump sum if they so choose, under a new law signed by Gov. David Paterson. The law changes the payment...
Colorado Lawmakers Hold Pinnacol Hearing
Sep 1 2009 // Colorado lawmakers heard from injured workers about their experiences with workers’ compensation on Monday. They gave testimony that the Denver Daily News called “horror” stories and...
Colorado Electricity Dam Fire Results in Indictment
Aug 31 2009 // Xcel Energy, Inc., Public Service Company of Colorado, RPI Coating, Inc., and two men were indicted by a federal grand jury in Denver late Friday on charges that the defendants violated workplace safety and health rules...
Texas Releases Performance Results for Workers’ Comp Carriers
Aug 31 2009 // The Texas Department of Insurance Division of Workers’ Compensation has posted on its Web site the 2009 Performance-Based Oversight (PBO) Results for workers’ compensation insurance carriers and selected health...
California Insurance Chief Poizner Sues to Block Workers’ Comp Fund Sale
Aug 28 2009 // In a move that was not completely unexpected, California Insurance Commissioner Steve Poizner announced that he will file a lawsuit to have the $1 billion sale of State Compensation Insurance Fund (SCIF) assets declared...
Oregon Says Workers’ Comp Must Pay for Weight Loss
Aug 28 2009 // Weight-loss surgery can be covered by state workers’ compensation insurance, provided it is needed to treat a job-related injury, according to an Oregon court. The Oregon Supreme Court ruled Thursday that SAIF Corp.,...
AmTrust to Buy Workers’ Compensation Unit CyberComp from Swiss Re
Aug 27 2009 // New York-based AmTrust Financial Services, Inc. has agreed to acquire CyberComp, the workers’ compensation business unit of Swiss Re, in a renewal rights transaction. Serving the workers’ compensation needs of...
Kentucky Workers’ Compensation Costs Drop for 4th Straight Year
Aug 27 2009 // Kentucky workers’ compensation costs are continuing to drop, with latest figures showing an average reduction of 6.4 percent. Insurance Commissioner Sharon P. Clark has approved the industry’s loss cost...
Farm Workers Sue New Mexico for Workers’ Compensation Coverage
Aug 27 2009 // Two organizations that provide services to farm workers and two injured farm workers want the New Mexico Workers’ Compensation Administration to stop excluding farm and ranch workers from coverage. HELP-New Mexico,...
Employers Direct Sheds Direct Calif. Workers’ Comp; Will Return with Brokers
Aug 26 2009 // Just a short time after announcing it was leaving the California workers’ compensation insurance market because it was not profitable, Employers Direct Insurance Co. is announcing it is back. The...
California’s State Insurance Fund Sale Considered Unlikely
Aug 26 2009 // The state of California plans to sell off some of its State Compensation Insurance Fund, which writes workers’ compensation policies, for $1 billion. Or does it? A growing number of officials and experts now think...
Florida, Georgia Insurer First Commercial to Be Liquidated
Aug 26 2009 // Miami-based First Commercial Insurance Co. and its subsidiary have been declared insolvent and ordered liquidated about six weeks after being placed under state control. All policies written by FCIC and its subsidiary,...
