Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
PAULA Financial Reports Net Income for 1stQ 2003
May 15 2003 // PAULA Financial announced net income for the first quarter of 2003 of $0.05 per share compared to $0.03 per shares for the 2002 period. Total revenue for the first quarter of 2003 was $4.6 million compared to $3.3 million...
Sacramento Man Arrested for Workers’ Comp Fraud
May 13 2003 // Gyan Singh, 55, of Sacramento, was arrested without incident and booked into the Sacramento County Jail on one count of insurance fraud. According to California Department of Insurance investigators, Singh was involved in...
Texas Court Upholds Workers’ Comp Medical Fee Schedule
May 12 2003 // A recently released Texas trial court ruling will help control workers compensation medical costs by setting reasonable medical fees within the state’s workers compensation system, according to the Alliance of...
IBA West Blue Ribbon Conf. Sails Along
May 7 2003 // A discussion on the state of the California workers’ comp market, the industry’s hard market, and other topics highlighted the opening round of discussions at the 2003 IBA West Blue Ribbon Conference in Hawaii...
Fla. Senate Fails to Pass House Bill on Workers’ Comp Reform
May 7 2003 // The Alliance of American Insurers reported its disappointment in the Florida Legislature’s failure to pass legislation workers’ compensation reform legislation by the end of its regular session May 2. The...
Mont. Legislative Session Ends; Privacy, Workers’ Comp Bills Pass
May 6 2003 // Bills involving privacy, workers’ compensation, and unfair claims handling practices were the key insurance-related legislation that passed the 2003 Montana legislature, which adjourned last week. “Probably the...
ACE Casualty Risk Launches ACE Complete for Web-Based Workers’ Comp
May 6 2003 // ACE Casualty Risk, a division of ACE USA, has launched ACE Complete(SM), a web-based underwriting facility which enables contracted brokers to conduct underwriting transactions – from entry to issuance – in a...
Calif. Commissioner Addresses Needs for Reform to Workers’ Comp
May 6 2003 // California Insurance Commissioner John Garamendi spoke recently to the Assembly Insurance Committee in Sacramento. Below are his comments as provided by the Calif. Department of Insurance. Chairman Vargas and Committee...
G.S. Levine Ins. Services to Host WC Seminar May 9
May 2 2003 // San Diego-based G. S. Levine Insurance Services Inc. will host a workers’ compensation seminar May 9 at the Del Mar Hilton in Del Mar, Calif., at 8 a.m. With more than 50 bills introduced in the California...
Texan Sentenced for Workers’ Comp Fraud
May 2 2003 // The 90th Judicial District Court in Texas recently sentenced Eric Beaver to a two-year prison sentence after he pleaded guilty to fraudulently obtaining workers’ compensation benefits. According to Texas Mutual...
SCIF Announces Conviction of Calif. Couple for WC Fraud
May 2 2003 // State Fund and Contra Costa County District Attorney Bob Kochly announced that the former owners of the now bankrupt Richmond-based Barthell Construction and Roofing Co. have been sentenced to five years probation and...
Zenith Nat’l Reports 1stQ Results
May 1 2003 // Woodland Hills, Calif.-based Zenith National Insurance Corp. reported net income of $11.7 million, or $0.62 per share, for the first quarter of 2003 compared to net income of $2.8 million, or $0.15 per share, for the first...
WASH. STATE WC TO INCLUDE ACTS OF TERRORISM
May 1 2003 // Washington taxpayers and the State Fund will get significant financial relief from the federal government in the event of an act of terrorism that results in catastrophic losses to the workers’ compensation system....
PIP Reform, Workers’ Comp Still on the Table in Fla. Session
Apr 30 2003 // The National Association of Independent Insurers (NAII) reports that as the 2003 Florida legislative session winds down, insurers are keeping a close eye on key bills concerning PIP reform, flex rating, workers’...
PIP Reform, Workers’ Comp on Table as Fla. Session Nears End
Apr 29 2003 // As the 2003 Florida legislative session winds down, insurers are reportedly keeping a close eye on key bills concerning PIP reform, flex rating, workers’ compensation, and credit scoring. Budget concerns reportedly...
Conning Study Says Workers’ Comp Market Faces Major Shift as State Funds Swell
Apr 29 2003 // State-sponsored funds have quickly become a force in the workers’ compensation insurance market, altering the competitive landscape for the private insurers that once dominated this line of business, according to a...
Harleysville Group Posts $3.24 Million Q1 Loss
Apr 28 2003 // The Pennsylvania-based Harleysville Group confirmed earlier announcements that it has suffered a $3.24 million first quarter net loss, compared to a $13.34 million profit for the same period in 2002. Higher than expected...
Waiting Period for NM Workers’ Comp Rate Filing Removed
Apr 21 2003 // In recognition of today’s workers’ compensation marketplace, the New Mexico Division of Insurance has exempted workers’ compensation insurance rate filings from the 90-day waiting period required by state...
Ariz. Searches for Solution to Meet Deficit Needs
Apr 21 2003 // A billion-dollar shortfall in Arizona’s state economy has many lawmakers conjuring up solutions and desperately searching for ways to solve current and future deficits. One solution that they came up with reportedly...
CWCI STUDY EXAMINES CHIROPRACTIC UTILIZATION AND COSTS IN CALIF. WC
Apr 21 2003 // The California Workers’ Compensation Institute (CWCI) has issued new research showing the combined effect of an increase in the number of chiropractors treating fewer injured workers with higher levels of...
