Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Study: Calif. workers’ comp reforms working
Jul 23 2007 // California experienced the largest decrease in average workers’ compensation costs per claim among 14 states, after years of double-digit cost growth and in the wake of reforms that took effect 2003 through 2006,...
Commercial lines insurers’ stocks up; M&A activity steady in 2nd quarter
Jul 23 2007 // Stock Prices: Commercial insurers’ stocks were up an impressive 8 percent for the second quarter of 2007. Much of the increase can be attributed to the high premium which was paid for Ohio Casualty Corp....
Control experience modification factor, before it controls you
Jul 23 2007 // One of the most confusing components of an employer’s workers’ compensation policy is the experience modification factor. Employers watch it increase and decrease from year to year without much understanding of...
Figures
Jul 23 2007 // $5 million Amount the Oregon Department of Consumer and Business Services is fining nine insurers in the American International Group for numerous violations of Oregon insurance and workers’ compensation laws, some...
Minn. Groups Sue AIG for $100 Million in Damages for Fraud, RICO Violations
Jul 19 2007 // The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compensation Insurers Association (MWCIA) filed suit Tuesday (July 17) against American International Group Inc....
Okla. Court Says Law Can’t Bar Evidence in Workers’ Comp Case
Jul 16 2007 // The Oklahoma Supreme Court has invalidated a portion of a state law that prohibits medical evidence to be presented in a workers’ compensation case from a doctor hired by an injured worker. The court said it is...
LWCC Appoints Breard as Claims Operations Manager
Jul 13 2007 // Louisiana Workers’ Compensation Corporation (LWCC) announced that Jill Breard has joined the company as operations manager in the risk management services (RMS) division. In this position, Breard will be responsible...
Study: Calif. Workers’ Comp Reforms Working
Jul 13 2007 // California experienced the largest decrease in average workers’ compensation costs per claim among 14 states, after years of double-digit cost growth and in the wake of reforms that took effect 2003 through 2006,...
Del. Court: Employee Horseplay May Fall Outside Workers’ Comp Law
Jul 12 2007 // A Delaware oil refinery worker injured in a practical joke by his co-workers may be allowed to sue them, the state Supreme Court has ruled. Stephen Grabowski was injured in October 2000 when three co-workers grabbed him in...
Berkley Online Workers’ Comp Portal Plans to Write in 30 States
Jul 12 2007 // Berkley Net Underwriters, LLC, a subsidiary of W. R. Berkley Corp., has launched an online portal at www.berkleynet.com specializing in underwriting workers’ compensation insurance. BerkleyNet’s target market...
N.Y. Reforms Credited with Shaving Workers’ Comp Rates by 20.5%
Jul 12 2007 // Rates for workers’ compensation insurance in New York will decline by more than 20.5 percent, —the biggest cut in more than 20 years — saving employers about $1 billion, according to state officials. Gov. Eliot...
Texas Can Pay Back Small Employers for Some Workplace Alterations
Jul 12 2007 // The Texas Department of Insurance (TDI) can reimburse small, non-public employers for up to $2,500 in expenses for special equipment, furniture and other workplace modifications that allow an injured employee to return to...
Hawaii Governor Vetoes Workers’ Comp Bills
Jul 12 2007 // The Hawaii Legislature has failed to override Gov. Linda Lingle’s vetoes of two workers’ compensation bills. A two-thirds majority vote was required in both the House and Senate to override the vetoes. Both...
Texas to Host Free Workers’ Comp Network Workshops in August
Jul 11 2007 // The Texas Department of Insurance will host two workshops on workers’ compensation health care networks in August in Dallas. A workshop for employers will be held on August 24 and a workshop for health care providers...
Texas Oil and Gas Contracting Firm Indicted for Workers’ Comp Fraud
Jul 10 2007 // Texas Mutual Insurance Company reported that a Travis County grand jury indicted ZIPCO Services Inc. and its owner, Jerry Don Calicutt, on workers’ compensation fraud-related charges. The indictments allege that...
Sink: Fla. Workers’ Comp Rates to be Cut in Half Next Year
Jul 10 2007 // While Florida business owners may still be struggling with high property insurance costs, another major business expense will go down next year: workers’ compensation assessment rates are set to be cut in...
Fla. Workers’ Comp Software Co. Promotes 3
Jul 10 2007 // Sarasota, Fla.-based Tropics Software Technologies promoted Jonathan Chan to Senior Software Engineer. The company, specializing exclusively in the workers’ compensation industry, also promoted Lorna Fleener to...
AWCC Outlines 2007 Workers’ Compensation Bills
Jul 9 2007 // On its Web site, www.awcc.state.ar.us/news.html, the Arkansas Workers’ Compensation Commission summarized workers’ compensation acts passed by the state’s 2007, 86th General Assembly. The full text of...
Oregon Fines Nine AIG Companies $5 Million
Jul 6 2007 // The Oregon Department of Consumer and Business Services (DCBS) has imposed a $5 million fine on nine insurers in the American International Group (AIG) for numerous violations of Oregon insurance and workers’...
Fla. CFO Cuts State’s Workers Comp Charge to Insurers
Jul 5 2007 // Florida Chief Financial Officer Alex Sink ordered a 50 percent cut in the 2008 Workers’ Compensation Administration Trust Fund assessment rate. The reduction is projected to result in as much as $19 million in...
