Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Colorado Supreme Court: Employer Must Pay Suspended Workers’ Comp
May 16 2008 // The Colorado Supreme Court has ruled that an employer must pay temporary disability benefits to an employee although the employee had been suspended. According to Sigala vs. Atencio’s Market, Eva Sigala was injured...
House Panel Hits Defense Department, Insurers Over War Zone Insurance Costs
May 16 2008 // A House committee looking into defense contractors has alleged that the Department of Defense (DoD) has been lax in its management such that insurance companies providing workers’ compensation for civilian employees...
California May Boost Payouts to Workers Injured on the Job
May 15 2008 // Californians permanently injured on the job would get an average 16 percent increase in disability payments under new rules proposed by the state Division of Workers’ Compensation. The formula is based on new data...
California Forecasts Stability in Workers’ Comp Insurance Market
May 13 2008 // California Insurance Commissioner Steve Poizner announced that, for the first time in six years, an interim pure premium rate advisory will not be issued by his office because of market strength. In the past, the insurance...
Rise in Construction Accidents Prompts Review of Federal Agency, OSHA
May 13 2008 // The leader of a House of Representatives committee said it plans to review a federal agency in charge of ensuring workplace safety this summer after recent construction deaths in Las Vegas and other major cities. Rep. Lynn...
Workers’ Comp Costs-Per-Claim in High Louisiana, Research Group Says
May 12 2008 // Workers’ compensation costs per claim in Louisiana were 28 percent higher than the median of 14 study states for a similar set of 2003/2006 claims, according to a new study by the Cambridge, Mass.-based Workers...
Report: Florida Workers’ Comp Reforms of 2003 Impacted Costs Per Claim
May 12 2008 // Workers’ compensation costs per claim in Florida appear to have decreased in 2004 in the wake of reforms enacted in 2003, but the decrease did not continue in 2005, according to a new study by the Workers...
Ohio Employers Ask for Another Review of Workers’ Comp Rates
May 12 2008 // A group of Ohio employers who say their businesses are being crushed by injured-worker insurance rates that the state modified last year has asked the state’s watchdog to take another look at the program. The newly...
Montana State Fund Says Workers’ Comp Rates to Drop Next Year
May 12 2008 // The Montana State Fund is cutting workers’ compensation insurance rates by an average of 3 percent next year, the agency’s board said. This is the second year in a row the State Fund, a semiprivate branch of...
Eastern Insurance Reports Improved Workers’ Comp Results
May 9 2008 // Eastern Insurance Holdings, Inc., based in Lancaster, Pa., reported net income of $2.6 million for the first quarter of 2008, compared to net income of $3.2 million for the same period in 2007. The company said highlights...
New York Agents Want to Rein in State Workers’ Comp Insurer
May 9 2008 // A trade group for New York insurance agents wants to rewrite the laws governing the New York State Insurance Fund – a nonprofit state agency which is New York’s largest workers’ compensation insurer...
AIG Posts Big Loss Due to Mortgage Woes; Insurance Results Decline, Too
May 8 2008 // The world’s biggest insurance company, American International Group Inc. (AIG), posted a big quarterly loss — $7.81 billion — largely due to write-downs related to bad mortgage investments. AIG blamed much of the...
Texas Home Builders Workers’ Comp Group Dividend Approaches $60K
May 7 2008 // Hotchkiss Insurance Agency LLC and Texas Mutual Insurance Company announced a $59,360.36 dividend to the Texas Home Builders Workers’ Comp (THB-WC) purchasing group. Formed in September 2005 the group is exclusive to...
California Discussing Sale of State Workers’ Compensation Insurer
May 7 2008 // Rumors that California is considering selling the State Compensation Insurance Fund to help close the state budget gap are true, but government officials said the idea has amounted to no more than discussion at this...
CRM First Quarter Reflects Self-Insured Group Closings in N.Y.
May 7 2008 // Workers’ compensation insurance firm CRM Holdings, Ltd. reported that net income increased 71.7% to $5.0 million, from $2.9 million a year ago, but fee income plummeted due in part to the closing of CRM’s...
Ohio Agency Reviews Court Decision Affecting Thousands of Workers
May 6 2008 // The state insurance fund for injured workers is trying to figure out the impact of a court ruling that in theory could allow hundreds of thousands of previously settled injured workers claims to be reopened. Late last...
Survey: Small Businesses Don’t Understand Their Dollars Spent on Workers’ Comp
May 6 2008 // Too many small business decision-makers appear to be spending money on workers’ compensation insurance coverage without understanding how workers’ compensation insurance works, what they get for their premium...
Reversal in Decision for Pork Plant Workers Denied Workers’ Comp
May 5 2008 // Several employees at the Quality Pork Processors plant in Austin, Minn., who were initially denied workers’ compensation for a mysterious neurological illness will be paid after all, attorneys said. At least 18...
People
May 5 2008 // Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has...
Mass. Cuts Workers’ Comp Rates By 1%
May 5 2008 // The Patrick Administration announced an agreement in the 2008 workers’ compensation rate-setting proceeding that will save Massachusetts businesses $11 million. The new rates average to a 1 percent reduction per...