Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
AIA Applauds Passage of Bill Protecting Important Safety Net for Injured Workers
Sep 10 2001 // The California State Senate and Assembly voted to approve a measure that will raise the surcharge on workers’ compensation insurance premiums to protect the solvency of the workers’ compensation account within...
WORKERS’ COMP BILL FALLS SHORT
Sep 10 2001 // According to Insurance Brokers and Agents of the West (IBA West), SB 71 (Burton & Calderon), a bill moving through the California Legislature, doesn’t go far enough in attempts to reduce costs to reform the...
Bill to Increase Workers’ Comp Benefits Doesn’t Solve System’s Problems, AIA Says
Sep 7 2001 // A bill approved by the California State Assembly does not go far enough to balance benefit increases with cost-saving reforms to California’s workers’ compensation system, according to the American Insurance...
Wisconsin Sees 4% Gain in Overall Average of Workers’ Comp Rates
Sep 5 2001 // Following four consecutive years of decreasing overall premium rates, Wisconsin Insurance Commissioner Connie L. O’Connell announced the approval by her office of a 4-percent increase of the overall average...
Mass. Rejects Eastern Bid To Raise Workers Comp Rates
Sep 4 2001 // Eastern Casualty Insurance Co.’s bid for an individual 11.6 percent increase in Mass. workers compensation rates has been rejected by the State’s Insurance Commissioner Linda Ruthard on the grounds that the...
Majority of U.S. Businesses Report Workplace Safety Pays Off
Aug 31 2001 // Ninety-five percent of business executives report that workplace safety has a positive impact on a company’s financial performance, according to the findings of “The Executive Survey of Workplace Safety”...
Attempts at Workers’ Comp Reform Could Hurt Agents, Small Business
Aug 30 2001 // According to Insurance Brokers and Agents of the West (IBA West), a workers’ compensation bill moving its way through the California Legislature doesn’t go far enough in attempts to reduce costs to reform the...
AIA Comments on Legislative ‘Highlights’ of Calif. Session’s Final Weeks
Aug 27 2001 // As the West Coast heads into the “dog days of summer,” the California Legislature commenced the final four weeks of its 2001 session on Aug. 20. To mark the occasion, the American Insurance Association (AIA)...
Fear of the Unknown: The Mold Issue Raises More Questions Than Answers, Part I
Aug 27 2001 // Editor’s Note: This is the first of a two-part series dealing with the rising issue of toxic mold claims. These days, an Internet news search on the word “mold” will bring up numerous articles testifying...
AIA Defends California’s Competitive Rate Law
Aug 23 2001 // California Insurance Commissioner Harry Low’s call for legislative changes to California’s competitive rate law is unwarranted, according to the American Insurance Association (AIA). AIA’s analysis shows...
Calif. Man Sentenced for Workers’ Comp Scheme
Aug 20 2001 // Five felony counts of insurance fraud, tax fraud and money laundering led to the sentencing of a San Mateo, Calif. man last week. Laurence Bennett Guy, owner of Guy’s Roofing in Redwood City, received a one-year...
Workers’ Compensation Lawsuit Given Class Action Status
Aug 20 2001 // Houston-based U.S. District Judge David Hittner issued a ruling Aug. 8 conferring class action status on a lawsuit involving claims of overcharging for workers’ compensation coverage by Reliance National Indemnity...
Utah Workers’ Comp Fund Gets ‘A-‘ from A.M. Best
Aug 17 2001 // A.M. Best Company reaffirmed Workers’ Compensation Fund’s “A-” rating. According to A.M. Best, the rating reflects the mutual insurance company’s excellent financial strength, strong reserving...
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...
