Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Texas Supreme Court WC Decision Concerns NAII
Apr 30 2001 // The Texas workers’ compensation system faces a serious threat if the state legislature does not act to fix a loophole that allows employers to opt out of the system while requiring their employees to waive the right...
ISO Forms Alliance with HNC Insurance Solutions
Apr 17 2001 // Insurance Services Office, Inc. (ISO) and HNC Insurance Solutions, a division of HNC Software (HNC), formed a strategic alliance to provide insurers with a comprehensive workers’ compensation data-reporting...
High Court Approves Use of Waivers Under Current Workers’ Comp Law
Apr 16 2001 // On its surface, a March 29 Texas Supreme Court ruling could look to some as though the court is in favor of employers opting out of the state’s workers’ compensation system. But upon closer inspection, it is...
Recent Court Decision Rocks WC System
Apr 16 2001 // On March 29, 2001, the Supreme Court of Texas decided a consolidated case of enormous importance to insurance intermediaries. In Lawrence v. CDB Services Inc., the high court said by a vote of 6-2, that employees could...
AIA Negotiates New York Dole Assessment Resolution
Apr 12 2001 // The American Insurance Association (AIA) and New York State officials reached a fair, reasonable settlement which will return a substantial portion of a state assessment on workers’ compensation insurers that was...
ERC Acquires, Reactivates New ‘GE CyberComp’ Brand
Apr 9 2001 // On March 29, Employers Reinsurance Corporation (ERC), a GE company, acquired and reactivated Cyber-Comp through its subsidiary Westport Insurance Corporation. Westport will use “GE CyberComp” as the brand name...
Two Calif.-Domiciled Workers’ Comp Companies Conserved by CDI
Apr 9 2001 // The toll from the ongoing adverse streak for the California workers’ compensation market just keeps rising. The California Department of Insur-ance (CDI) recently conserved two more insurance companies domiciled in...
Australian Insurer HIH Seeks Bankruptcy Protection as Losses Mount
Apr 9 2001 // HIH Insurance Ltd., following in the footsteps of ReAC and GIO, became the latest Australian insurance company to be forced to the wall by mounting losses. Rumored to be in deep trouble for the last six months, the...
Four New Insurers to Enter Hawaii’s Workers’ Comp Market
Apr 4 2001 // Wayne Metcalf, the Hawaii Insurance Commissioner, announced in March that the Insurance Division has authorized four new insurers to write workers’ compensation insurance in Hawaii. The authorization for General...
Workers’ Comp Reform: Ten Years from Ground Zero
Apr 2 2001 // It’s been 10 years since legislation revamp the Texas workers’ comp system. Most insurers, regulators and legislators agree that the system has improved dramatically, but they also say there is still room for...
Artificial Intelligence Technology Transforms Software Solutions
Apr 2 2001 // For many people not directly involved in the development of software for the insurance industry, any discussion of new technology can rapidly swell into a serious information overload. Compounding this problem is the...
WC REFUNDS FOR TEXANS
Apr 2 2001 // Texas workers’ compensation insurance companies are trying to locate nearly 29,000 employers in order to refund a surcharge started in 1992 that will result in an average refund of more than $500 per employer....
Refining Workers’ Comp
Apr 2 2001 // In 1989 the Legislature jettisoned the generations-old Texas hybrid system and substituted a new workers’ comp system. In the mid-19th century it dawned on European social designers that the cost of goods sold should...
It’s All in the Execution for Doomed OSHA Regulations
Apr 2 2001 // To the relief of employers and insurers, Congress overturned the ergonomic regulations adopted by OSHA last year. Despite all the caterwauling about the ergonomic regulations adopted by OSHA in November 2000, I think they...
Bush Signs Federal Ergonomics Repeal; Draws IIAA Praise
Apr 2 2001 // Independent agents are hailing the finality of freeing small businesses from costly federal ergonomics rules following President Bush’s signing of a measure to repeal them, said Independent Insurance Agents of...
Cracking Down on the Industry’s Fraud Problem
Apr 2 2001 // Fraud investigators in June busted a Tampa fraud ring that crashed cars at a private site, scooped up the debris and moved the wreckage to a public roadway. The members then called police so that they could file fraudulent...
CDI Conserves Two Calif. Workers’ Comp Companies
Mar 30 2001 // California Insurance Commissioner Harry W. Low announced on March 31 the conservation of two California workers’ compensation companies, HIH America Compensation and Liability Insurance Company and Great States...
NAII Teams with OSHA to Sponsor Workshop
Mar 30 2001 // The National Association of Independent Insurers and the Occupational Safety and Health Administration, working in collaboration with other insurance industry groups, will sponsor a free workshop for at which small...
Employers Re Acquires CyberComp
Mar 30 2001 // Employers Reinsurance Corp., a GE company, has acquired and reactivated CyberComp, an online system that quotes and binds workers’ compensation policies, through its subsidiary Westport Insurance Corporation. Prior...
Maryland House Passes Workers’ Comp Bill
Mar 29 2001 // Legislation allowing undisputed workers’ comp claims to be handled out of state was passed earlier this week by the Maryland House of Delegates. HB 1223, which would abolish an outdated rule requiring workers’...