Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Kentucky Office of Insurance Set to Meet Industry Challenges
Aug 23 2004 // As a Florida resident who chose to return to Kentucky during my first try at retirement (a decision that drew puzzled looks from many), I appreciate many things about the Commonwealth—the natural beauty, the quality of...
LOUISIANA FRAUDSTER NABBED:
Aug 23 2004 // Louisiana’s Workers’ Compensation Administration reported that a joint effort by the Louisiana Department of Labor’s Office of Workers’ Compensation Administration and the State Attorney...
HOUSTON MAN INDICTED:
Aug 23 2004 // Texas Mutual Insurance Company reported that Travis County’s 147th District Court grand jury indicted Henry Prince of Houston for workers’ compensation fraud-related charges. The insurer said Prince allegedly...
An Industry Icon
Aug 23 2004 // Recently I had the opportunity to interview IBA West vice president and CEO Jerry O’Kane, who is looking forward to a well-deserved retirement on Aug. 31. O’Kane shared with me the many achievements of his...
Three Suspects Arrested for Alleged Auto, Work Comp Insurance Fraud
Aug 23 2004 // Investigators arrested three people Aug. 3 on numerous felony charges after a 3-year California Department of Insurance (CDI) investigation into a chiropractic office, which uncovered numerous alleged auto insurance and...
Changing the Face of California’s Insurance Marketplace
Aug 23 2004 // IBA West’s O’Kane Reflects Back on 22-Year Tenure There are few people in the insurance industry that have truly made an impact on behalf of independent agents and brokers. Jerry O’Kane is one of those...
Agents and Brokers Are Deserving of Fair Commissions
Aug 23 2004 // Employers would be far better served if the CDI focused on the reforms it helped enact rather than continue to cajole State Fund over commission levels. Recently the California Department of Insurance issued a report...
AIA Backs Medicare-Based Fee Schedule for Tenn. Workers’ Comp Medical Services
Aug 20 2004 // In testimony Friday before the Tennessee Department of Labor’s Medical Care and Cost Containment Committee, the American Insurance Association (AIA) endorsed a Medicare-based, objective fee schedule for provider...
Panel Takes Fresh Look at Terrorism
Aug 20 2004 // In a code orange New York, the International Association of Industrial Accident Boards and Commissions (IAIABC) took a fresh look at terrorism and its relation to workers’ compensation at its recent 90th Annual...
Proposal Could Lower Some Colo. Work Comp Premiums
Aug 20 2004 // Representatives of the Colorado Insurance Division are reviewing a proposal that could cut workers’ compensation insurance premiums for some employers. The National Council on Compensation Insurance, a rating and...
Manufacturers Assoc. and State Fund Partner for Group Work Comp Insurance Savings
Aug 19 2004 // The California Manufacturers & Technology Association (CMTA) announced recently the formation of a partnership with the State Compensation Insurance Fund (SCIF), California’s largest work comp insurer, through...
TWCC Redesigns Web Site
Aug 18 2004 // The Texas Workers’ Compensation Commission announced that its web site at www.twcc.state.tx.us has a new look. It has been redesigned in an effort to make it easier for participants in the Texas workers’...
R.I. Lowers Workers’ Comp System Assessment
Aug 18 2004 // Rhode Island officials have decreased the premium assessment that insurers must charge to cover the costs of administering the state’s workers compensation system. Effective July 15, 2004, the Workers’...
N.Y. Workers’ Comp Writers Refile for 9.3% Hike
Aug 18 2004 // Their average 29.3 percent increase having been rejected by state officials last month, workers compensation insurers in New York are trying again, this time for an average 9.3 percent increase. Maintaining that it has...
Fitch Sees Improving Workers’ Comp Market, But Warns Earnings May Be at Cyclical Peak
Aug 17 2004 // Fitch Ratings has issued a brief comment noting that it expects the workers’ compensation insurance market to continue to improve in 2004. However, the new report warns that profitability may peak in 2004 as pricing...
Court Says Texas Providers, Carriers Must Pay IRO Fees in Medical Necessity Disputes
Aug 17 2004 // The Texas Workers’ Compensation Commission reported that the Third Court of Appeals in Austin has upheld the constitutionality of TWCC’s rules regarding fees to be paid to Independent Review Organizations...
Monument LLC, Forms Cornerstone Comp to Serve Faith-based Schools
Aug 17 2004 // Monument LLC, a California-based design, implementation and management firm of self-insured workers’ compensation groups, announced that it has formed Cornerstone Comp Inc., a new, self-funded California-based...
S&P Report Warns on California Workers’ Compensation
Aug 16 2004 // Downward pricing pressures threaten to send the California workers’ compensation market into another tailspin, according to a new report from Standard & Poor’s Ratings Services. “The industry has...
PAULA Financial Reports Net Income for 2Q 2004
Aug 13 2004 // Pasadena-based PAULA Financial announced net income for the second quarter of 2004 of $215,000, a 90 percent increase over net income of $113,000 for the 2003 period. Net income for the six months ended June 30, 2004 also...
Wis. Comp Costs Rose 11%, Still Low in Comparison
Aug 12 2004 // The average medical payment per claim to injured workers in Wisconsin continued to grow at a double-digit rate, according to a new study by the Workers Compensation Research Institute (WCRI). The study of 12 states...
