Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
WCRI Study Finds Rapid Comp Cost Rise in Mass.
Nov 9 2001 // The Workers Compensation Research Institute, based in Cambridge Massachusetts, reports that a new study shows that workers’ compensation claims costs rose by as much as 10.5 percent from 1997 to 1998, based on...
Calif. Commissioner Gives Approval to Advisory Pure Premium Rate
Oct 30 2001 // Insurance Commissioner Harry W. Low announced the approval of California’s advisory pure premium rate for workers’ compensation insurance, approving an increase of 10.2 percent in the advisory pure premium...
CIGA Bill Gets Approval in Calif. Legislative Session, SB 71 Falls Short
Oct 29 2001 // As the California Legislature wound up its 2001 session in mid-September, two workers’ compensation-related bills awaited their fate on the desk of Governor Gray Davis. AB 1183: CIGA Premium Surcharge In the case of...
Technical Change Would Improve Michigan’s Workers’ Comp System
Oct 26 2001 // A proposed change in the laws governing insurer payments to Michigan’s Second Injury Fund would not reduce benefits for injured workers, while improving the overall business climate of the state, according to the...
Commercial Insurance Market Index Shows Evidence of Hardening Market
Oct 26 2001 // According to the recently released third-quarter Commercial Insurance Market Index — reflecting market observations of the largest commercial insurance brokers across the nation — commercial insurance premium...
Number of Calif. Workplace Deaths on the Decrease
Oct 26 2001 // The downward trend continued last year: the number of California workers killed on the job was the lowest since 1992 when the Department of Industrial Relations’ Division of Labor Statistics and Research (DLSR)...
SAFECO Reports 3Q Results, Strengthens Reserves by $240M
Oct 23 2001 // SAFECO reported third-quarter income, before charges, of $7.8 million or $0.06 per diluted share. Including $240 million in reserve strengthening and previously announced restructuring charges, SAFECO posted a net...
Colorado Split on Requesting Information from Largest Workers’ Comp Insurer
Oct 22 2001 // Colorado legislative leaders were split down the middle this week on whether to seek confidential financial information from the state’s largest workers’ compensation insurer to see if the operation could be...
NAII Comments on Veto of Calif. Workers’ Comp Bill, Other Enacted Legislation
Oct 18 2001 // The National Association of Independent Insurers (NAII) expressed satisfaction that for the third time in as many years, California Gov. Gray Davis vetoed a workers’ compensation reform bill that failed to adequately...
Insurers Seek to Keep Utah Workers’ Comp Fund from Selling Insurance in Idaho
Oct 18 2001 // A group of private insurers indicated they are supporting a move by the Idaho Department of Insurance to prohibit a subsidiary of the Utah Workers’ Compensation Fund (WCF) from selling insurance in Idaho and, they...
Calif. Governor Vetoes $4.7 Billion Workers’ Comp Benefit Increase
Oct 17 2001 // Despite his efforts to negotiate a balanced proposal, California Governor Gray Davis has vetoed legislation to raise workers’ compensation benefits for the third year in a row. The bill, SB 71, sponsored by John...
Quomp Offers Insurance Solutions in Three New States
Oct 11 2001 // Quomp®, LLC, a workers’ compensation insurance provider formed by a joint alliance among three insurance industry leaders, announced that its insurance solutions are now available to businesses in the states of...
CNA Unveils New Online Capabilities
Oct 9 2001 // CNA unveiled new online capabilities on CNA Central. The website features dynamic transactional tools and account management resources for a broad range of CNA products and services for the company’s U.S. insurance...
CDI Makes Arrest on Workers’ Comp Fraud Charges
Oct 2 2001 // The California Department of Insurance (CDI) Criminal Investigations Branch Fraud Division arrested a Richmond, Calif., man for workers’ compensation premium fraud. David Barthell Sr., owner of Barthell Construction...
Rising Loss Estimates Heighten Concern for the Stability of Some Insurance Sectors September 28, 20
Sep 28 2001 // In light of rising estimates of losses from the World Trade Center tragedy, some sectors of the insurance industry could suffer significant damage to their financial stability, according to a new assessment by Weiss...
Liberty Northwest Insurance Corp. Seeks Purchase of Oregon Company
Sep 27 2001 // Liberty Northwest Insurance Corporation has announced the intended purchase, pending regulatory approval, of Oregon Auto Insurance Company, along with its subsidiary North Pacific Insurance Company. As two of the largest...
Calif. Session Ends with Defeat of Privacy Bill, Fate of Unbalanced Workers’ Comp Bill Unknown
Sep 25 2001 // The 2001 California Legislature delivered favorable results to the insurance industry by defeating unreasonable privacy mandates, lifting restrictions on anti-fraud efforts, and approving the collection of more funds from...
GOV. SIGNS CIGA BILL
Sep 24 2001 // California Governor Gray Davis signed legislation to raise the assessments on workers’ compensation insurers. The bill, AB 1183, sponsored by Assemblyman Tom Calderon (D-Montebello), will raise the assessment charged...
Michigan Chamber Directors Strongly Oppose Any New Workers’ Comp Tax
Sep 24 2001 // The board of directors of the Michigan Chamber of Commerce has voted unanimously to strongly oppose a proposed new tax on workers’ compensation currently under consideration by the State House and Michigan Senate as...
Frontier Pacific Conserved Due to Findings of Insolvency
Sep 24 2001 // The struggles continue for Frontier Insurance Company Inc., which reached an agreement in August with the New York State Insurance Department to enter into voluntary rehabilitation. Its wholly owned subsidiary, San...
