Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
CWCI Seminars to Cover Recent Workers’ Comp Reforms
Oct 1 2003 // The California Workers’ Compensation Institute has announced it will hold a one-day seminar in November at three locations to help workers’ compensation professionals prepare for changes brought about by...
Fla. Workers’ Comp Reforms Take Effect Oct. 1
Oct 1 2003 // Florida’s Chief Financial Officer Tom Gallagher announced that many reforms aimed at increasing the availability and affordability of workers’ compensation go into effect Oct. 1. Gallagher also noted that the...
Safeco Strengthens WC Reserves; Announces Estimates of Hurricane Isabel Losses
Sep 30 2003 // Following the completion of a previously announced review, Safeco strengthened reserves for workers’ compensation, affecting third-quarter financial results by $0.96 per diluted share. Safeco increased loss reserves...
Calif. Legislative Session Adjourns With New Privacy Law, Work Comp Reform
Sep 29 2003 // New financial privacy requirements and legislation aimed at cutting workers’ compensation costs are the two most significant public policy measures that impacted the property/casualty insurance industry during the...
Sen. Alarcón Responds to Schwarzenegger’s Comments About WC Reforms
Sep 29 2003 // In an obvious gaffe in the Sept. 24 recall debate, Arnold Schwarzenegger called the recently passed Workers’ Compensation Reforms, “pre-election bogus.” Senator Richard Alarcón (D-Van Nuys) the Senate...
Ore. WC Rates Flat for 2nd Straight Year
Sep 26 2003 // Oregon Governor Theodore Kulongoski announced this week that two state business fees used to pay for workers’ compensation and workplace safety programs will be reduced next year, in part to reflect administrative...
Keenan & Assoc. Creates Workers’ Comp Pool for Calif. Schools
Sep 26 2003 // In the wake of crisis and turmoil in the California workers’ compensation arena, Keenan & Associates has created and implemented a new generation workers’ compensation program – a hybrid...
Reorganization Jeopardizes Mich. WC System, Biz Group Says
Sep 24 2003 // The Michigan Retailers Association (MRA) urged state lawmakers to reject an executive order reorganizing departments because it jeopardizes the workers’ compensation system. In testimony presented to the House...
CIGA Looks to Bond Sound Future
Sep 22 2003 // Thanks to the legislature, the California Insurance Guarantee Association (CIGA) will stave off financial ruin by floating bonds next year. Part of the reform package passed by both houses in the Capitol includes...
San Diego Trio Pleads Guilty to WC Scam
Sep 22 2003 // Three San Diego residents must pay more than $125,000 in restitution after pleading guilty to insurance fraud. The convictions followed an investigation by the California Department of Insurance (CDI) Investigation...
Monoline Workers’ Comp
Sep 22 2003 // Nuts & Bolts: The Princeton Agency/United Underwriting Agency is offering a market for monoline workers’ compensation. Dollars: EL up to 1M/1M/1M. No minimum premium up to $50,000. Carrier: Rochdale Insurance...
WC Fraud Earns N.D. Man One-Year Jail Time
Sep 22 2003 // A Williston, N.D., man has become the first employer ever sentenced to serve jail time for committing workers’ compensation fraud in state history, according to a statement from the Insurance Department. Robert...
2002 Market Share for Insurers in Texas
Sep 22 2003 // The 2002 premium and loss data for Texas provides hope for the future of Texas insurance markets. Here are the highlights in review: • The aggregate loss ratio for all Texas companies for all lines of business was 78.4...
McKinney Joins Arkansas WC Commission
Sep 19 2003 // Arkansas Gov. Mike Huckabee named Karen Hart McKinney of Little Rock to the state Workers’ Compensation Commission. According to the WCC, McKinney will replace Joe Yates, who’s retiring from the three-member...
Wash. L&I Proposes 19.4% WC Increase for 2004
Sep 18 2003 // The Washington Department of Labor and Industries (L&I) proposed increasing workers’ compensation premiums by 19.4 percent in 2004. Assuming the economy holds steady, the rate increase will bring revenues in...
FEIC Receives “A- (Excellent)” Rating from A.M. Best
Sep 17 2003 // Fremont Employers Insurance Company (FEIC) has received an “A- (Excellent)” rating from A.M. Best Company. FEIC is a wholly owned subsidiary of Employers Insurance Company of Nevada, A Mutual Company...
CASA Says New Workers’ Comp Fee Schedule Will Hinder Access to Needed Surgery for Calif. Injured Workers
Sep 17 2003 // The California Ambulatory Surgery Association (CASA) stated on Tuesday that access to surgery for injured workers in California will be dramatically reduced under the outpatient fee schedule approved by the California...
Ky. Commissioner Sets WC Rate Increase at 13.1%
Sep 17 2003 // Kentucky Insurance Commissioner Janie A. Miller rejected the filing from an advisory organization expected to be used by most carriers to develop rates for workers’ compensation insurance. According to the Kentucky...
NAII Says Calif. WC Reform Proposals ‘A Good First Step’
Sep 15 2003 // Two bills moving through the California Legislature during the final days of the 2003 session would provide some of the necessary cost savings needed to stabilize the state’s beleaguered workers’ compensation...
Calif. Legislators Grind Out Workers’ Comp Deal
Sep 15 2003 // State legislators burned the midnight oil into the early hours of this past Saturday morning to conclude a hectic year of lawmaking with final-hour decisions to reform the state’s troubled workers’ compensation...
