Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Utah’s Workers Compensation Fund Announces $20 Million Dividend
Jun 2 2004 // Salt Lake City-based Workers Compensation Fund announced that it will pay dividends totaling $20 million to policyholders this year. All eligible policyholders, regardless of company or policy size, will receive a portion...
SCF Returns $65 Million to State Businesses
Jun 1 2004 // More than 30,000 Arizona companies will be rewarded for maintaining safe workplaces within the next year, as SCF of Arizona, the state’s largest workers’ compensation insurance carrier, will pay out $65 million...
N.D. Comp Board Approves 6% Premium Hike
Jun 1 2004 // The North Dakota Workforce Safety and Insurance (WSI) board of directors has authorized a premium increase for workers’ compensation coverage beginning July 1, 2004, according to a WSI statement. The rate increase is...
AIA Issues Statement Regarding California Workers’ Comp Pure Premium Rates
Jun 1 2004 // The American Insurance Association (AIA) issued a statement in response to California Insurance Commissioner John Garamendi’s announcement of his pure premium advisory rate recommendation of 20.9 percent; the...
California Commissioner Recommends 20.9 Percent Decrease in Workers’ Comp Rates
May 28 2004 // California Insurance Commissioner John Garamendi has recommended that California workers’ compensation insurers lower their rates by 20.9 percent for policies issued or renewed on or after July 1, 2004....
PCI: La. Work Comp Bill Would Create ‘Open Season’ on Businesses; Bill Heads to Full House
May 28 2004 // In a 6-2 vote this week, the Louisiana House Civil Law Committee approved Senate Bill 672, which would create a new cause of action against employers and would open the floodgates for lawsuits, according to the Property...
Zenith Files 10% Reduction in Calif. Workers’ Comp Rates
May 27 2004 // Zenith National Insurance Corp. reported that its wholly-owned subsidiary, Zenith Insurance Company, has filed with the California Department of Insurance its workers’ compensation rates for use on or after July 1,...
Former N.Y. WC Chair Snashall Affilates with CRM
May 26 2004 // Compensation Risk Managers (CRM) in Poughkeepsie, N.Y. has formed an affiliation with Snashall Associates, a consulting firm led by former N.Y. State Workers’ Compensation Board Chairman Robert R. Snashall that...
TWCC Hearing on Proposed Rules Scheduled for June
May 25 2004 // The Texas Workers’ Compensation Commission has scheduled a public hearing for June 16, 2004. The Commission will take testimony on amended rules that were proposed at the April 15, 2004 public meeting. The proposed...
Mass. TPA Proposal Could Put Injured Workers at Risk
May 24 2004 // A Massachusetts budget amendment to explore the designation of a third party administrator (TPA) to manage part of the state’s workers’ compensation assigned risk pool could compromise the services received by...
Tenn. Workers’ Comp Reform Bill Goes to Governor
May 21 2004 // The Tennessee General Assembly on Thursday gave final approval to workers’ compensation legislation that seeks to address rising costs in the state’s workers’ comp system. SB 3424, introduced at the...
N.Y. Businesses ‘Stunned’ by 29% Comp Rate Hike Bid
May 21 2004 // A recommendation from the New York Compensation Insurance Rating Board (CIRB) to increase employers’ average workers’ compensation premiums by 29 percent is “stunning and frightening,” according to...
Daneri Named Chief Legal Counsel For State Compensation Insurance Fund
May 21 2004 // San Francisco-based State Compensation Insurance Fund -California’s largest workers’ compensation insurance carrier – has appointed Robert W. Daneri as chief counsel. Daneri had served as assistant chief...
LWCC Pays $10 Million Dividend
May 20 2004 // The Louisiana Workers’ Compensation Corporation (LWCC) announced the distribution of its first-ever dividend, returning $10 million to over 21,000 qualifying Louisiana policyholders. This was a goal of the Board of...
U.S. House Passes OSHA Changes for Employers
May 20 2004 // Employers could get more time to challenge citations by the Occupational Safety and Health Administration and more companies could recoup lawyers’ fees under a set of House bills that would make employer-friendly...
W. Va. WCBM Passes Pair of Rules
May 20 2004 // The Workers’ Compensation Board of Managers has approved two “historic” rules to regulate how self-insured companies will conduct business in West Virginia. Under Rule 18, the 127 active self-insured...
A.M. Best Affirms A- Excellent Rating for Majestic Insurance Company
May 19 2004 // A.M. Best Company has affirmed the A- (Excellent) rating for Majestic Insurance Company, a San Francisco-based workers’ compensation insurance carrier. This rating category is assigned to companies that have, on...
PAULA Financial Reports Net Income for the First Quarter of 2004
May 18 2004 // PAULA Financial announced net income for the first quarter of 2004 of $0.08 per share compared to $0.05 per share for the 2003 period. Total revenue for the first quarter of 2004 was $5.2 million compared to $4.6 million...
PCI Calls for Substantial TWCC Reforms
May 18 2004 // The Property Casualty Insurers Association of America (PCI) testified before the Texas Sunset Advisory Commission and asserted that substantial changes are needed to address the problems plaguing the Texas Workers’...
Fla. Towing Owner Pulled Over for Comp Fraud
May 17 2004 // The owner of a towing company with local government contracts has been charged with failing to provide workers’ compensation for his employees, according to Florida Chief Financial Officer Tom...
