Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Fremont General Posts Quarterly Net Income and Declares Common Stock Cash Dividend
Aug 14 2001 // Fremont General Corporation reported net income of $14,813,000 for the second quarter of 2001. This was comprised of net income from continuing operations of $14,284,000 and an after tax gain on the extinguishment of debt...
AIA Says OSHA Ergonomics Standard-Setting in Absence of Crucial Information Would Be Absurd August
Aug 13 2001 // The American Insurance Association (AIA) has joined the National Coalition on Ergonomics in submitting comments to the Occupational Safety and Health Administration (OSHA), urging the federal agency to base examination of...
Rating Bureau Suggests Premium Increase to Combat Costs
Aug 13 2001 // Noting rising costs and a trend toward insolvencies, the Workers’ Compensation Insurance Rating Bureau’s governing committee voted to suggest an 8.5-percent gain in the average pure premium rate as part of its...
NEW PARTNERSHIP FOR W/C
Aug 13 2001 // Advantage Workers’ Compensation Insurance Company of Salt Lake City was named the underwriting partner of Boise-based WorkCare NorthWest, a partnership expected to make Advantage Insurance one of the largest...
Report Says Calif. Benefit Delivery Expenses Absorb Higher Share of W/C Costs
Aug 10 2001 // With workers’ compensation claim costs rising rapidly in California, policymakers look for opportunities to reduce costs without reducing benefits to injured workers. Nearly one in every eight dollars paid for...
New York Broker Arrested For Alleged Sale of Bogus Policies
Aug 7 2001 // New York State Insurance Department Superintendent Gregory V. Serio along with Queens District Attorney Richard A. Brown, New York City Police Department Bernard B. Kerik, and New York State Worker’s Compensation...
WCIRB Makes Case for 8.5 Percent Increase in Workers’ Comp Rates
Aug 2 2001 // The Workers Compensation Insurance Rating Bureau of California has put on the table a plan for an 8.5 percent increase in pure premium for workers’ compensation rates in the state. The WCIRB submitted its plan July...
Calif. Jockey Thrown for a Loss
Aug 1 2001 // California jockey Carlos Cristo will spend 60 days in home confinement, serve three years formal probation, and pay restitution of $30,000 to the State Compensation Insurance Fund (SCIF) along with a $200 court fine,...
CALDERON GOES FOR COMMISH
Jul 30 2001 // Thomas M. Calderon, the chair of the Assembly Committee on Insurance, officially announced his candidacy for California Insurance Commissioner. Calderon’s press office said he has distinguished himself as a reformer...
Hospitality Coverages: Insuring a Safe Visit for Tourists and Owners Alike
Jul 30 2001 // Spending a night at a hotel or motel can seem like a simple thing to do for the tourist or business traveler, but who makes sure that guests will stay in a secure environment? That’s up to the hotel operators, but...
Advantage Insurance Teams Up with WorkCare NorthWest
Jul 30 2001 // Advantage Workers’ Compensation Insurance Company of Salt Lake City was named the underwriting partner of Boise-based WorkCare NorthWest, a partnership expected to make Advantage Insurance one of the largest...
Slogging Away in Workers’ Comp
Jul 30 2001 // When will the workers’ comp market get a break? Claim costs are climbing. Litigation is lingering. Rates are rising but are still insufficient. Legislation has yet to provide a measure of relief for insurers. And of...
IIAA Urges OSHA Not to Interfere with State Workers’ Compensation
Jul 30 2001 // As the Occupational Safety and Health Administration (OSHA) explores how to remedy workplace ergonomics hazards, it should not transgress statutes prohibiting federal government interference with the state-based...
Missouri Working on Directive on Workers’ Comp Loss Control
Jul 27 2001 // Representatives of the insurance industry and the state workers’ compensation division met July 23 to discuss implementation of a new law that would significantly reduce requirements for insurers to report their loss...
Calif. Correctional Officer Arrested on Two Counts of Workers’ Comp Fraud
Jul 24 2001 // A California Department of Corrections Correctional Officer surrendered to a Riverside Court last week on two felony charges of workers’ compensation insurance fraud. The suspect allegedly failed to notify his...
AIA Urges Cal-OSHA to Quash Effort to Alter Ergonomics Rule
Jul 23 2001 // The American Insurance Association (AIA) urges the California Occupational Safety and Health Standards Board (Board) to reject a petition by the American Federation of Labor and Congress of International Organizations...
Reliance Insurance 1817-2001 – R.I.P’
Jul 23 2001 // Reliance Group Holdings (RGH), the parent company of Reliance Insurance Company (RIC), one of America’s oldest insurers which traces its roots back to 1817, filed for bankruptcy protection in the Southern District of...
Dallas Janitorial Company Guilty of Workers’ Comp Fraud
Jul 23 2001 // AM-KO Inc., a janitorial company providing services for the City of Dallas, entered a plea of “no contest” to a third degree felony for defrauding the Texas Workers’ Compensation Insurance Fund (Texas...
Study Reports Continuing Rise in Calif. Workers’ Comp Claims Costs
Jul 19 2001 // A new study by the Workers Compensation Research Institute (WCRI) indicates California workers’ comp claim costs increased at a double-digit rate, growing by 11 percent between 1997 and 1998 (as of 1999 experience)....
NAII Gives ‘Thumbs Up’ to ‘HHS’ Privacy Guidance Document
Jul 17 2001 // The National Association of Independent Insurers (NAII) gave high marks to the Health and Human Services Administration’s (HHS) first guidance document incorporating clarifications to its regulation on protecting the...
