Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Class Action Filed Against CIGNA, ACE
Oct 11 2000 // A central Pennsylvania company has filed a class action complaint against insurance giants CIGNA and ACE for their refusal to pay dividends on a retention dividend workers compensation policy originally purchased from...
NO WORKERS’ COMP FEES-FOR NOW
Oct 9 2000 // The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that will delay for at least one year implementation of a non-electronic filing fee for...
INSURSCAPE SCOUTIN’ FOR AGENTS
Oct 9 2000 // Insurscape.com™, a workers’ compensation underwriting program that provides total services via e-commerce, launched a national web-based workers’ compensation service to select brokers. Insurescape.com...
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Oct 9 2000 // Q: Our insured has an HO-160 Scheduled Personal Property endorsement on his homeowners policy covering camera equipment and jewelry. While on vacation, the camera, some jewelry and other unscheduled personal property were...
Questions & Answers
Oct 9 2000 // Q. Our insured has an HO-160 Scheduled Personal Property endorsement on his homeowners policy covering camera equipment and jewelry. While on vacation, the camera, some jewelry and other unscheduled personal property were...
ACCCT to Release BEEP Version 2.0
Oct 5 2000 // The American Cooperative Council on Compensation Technology (ACCCT), comprised of workers’ compensation insurance data gathering and rate advisory organizations, announced that an updated, enhanced version of its...
Calif. Workers’ Comp Medical Costs Soar to a Record High
Oct 2 2000 // California workers’ compensation medical costs soared to a record $3.6 billion last year, an increase of more than $1.5 billion since 1994, according to the California Workers’ Compensation Institute’s...
Mold Claims Create a New Frontier in Constuction Defect Litigation
Oct 2 2000 // Mold. An extremely common organism, it’s found in veritably every home and building. Now it’s at the center of what could become one of the fastest growing areas of both construction defect litigation and toxic...
Credit General Signs Cut-Through, Resumes Writing
Oct 2 2000 // Credit General Insurance Company and Credit General Indemnity Company are back on track after a brief period in which the companies stopped writing new business. Henry C. Sibley, vice president of underwriting, sent a...
Best Downgrades Credit General After Failure to File Q2 Reports
Sep 28 2000 // On Sept. 22, A.M. Best Co. downgraded the financial strength rating on Credit General Insurance Company and Credit General Indemnity Company from “B++” (Very Good) to “C” (Weak) and placed the group...
Insurscape.com Launches Web-Based Workers’ Comp Underwriting Facility; Looking for Additional Agents
Sep 25 2000 // Insurscape.com(TM), a workers’ compensation underwriting program that provides total services via e-commerce, today launched a national web-based workers’ compensation service to select brokers. Insurescape.com...
CHECKS AND BALANCES
Sep 25 2000 // The chief financial officer of a hospital, who oversaw all workers’ comp claims, has been convicted of falsifying documentation on his own workers’ comp claim. The 299th Travis County District Court has...
IIAA, NCCI Reach Agreement to Delay Application Surcharge
Sep 25 2000 // The Independent Insurance Agents of America (IIAA) and the National Council of Compensation Insurers (NCCI) have reached an agreement that will delay for at least one year implementation of a non-electronic filing fee for...
Credit General Ceases Writing New Business
Sep 19 2000 // Credit General Insurance Company and Credit General Indemnity Company are no longer writing new business, effective immediately. Henry C. Sibley, vice president of underwriting, sent a letter to agents on Sept. 15 stating...
Commercial Property/Casualty Rates Continue Upwarde
Sep 18 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers (CIAB). Through its quarterly Market Index Survey, released last month, CIAB...
Quackenbush Scandal Played Starring Role in 1999-2000 Legislative Session
Sep 18 2000 // As the clock struck midnight on Aug. 30, lawmakers were spent but still deciding the fates of a handful of bills that would affect the insurance industry. So how did the 1999-2000 legislative session compare to other...
Calif. Legislature Approves Measure to Increase Workers’ Comp Benefits
Sep 7 2000 // Although it could see a likely veto at the hands of Governor Gray Davis, a workers’ compensation measure aimed at raising temporary and permanent disability rates for workers injured on the job was approved by the...
Commercial P/C Rates Continue Upward
Sep 4 2000 // Commercial property-casualty rates continued to increase across the country, according to a report by The Council of Insurance Agents and Brokers. The same held true in Texas, where brokers estimate premium increases...
Workers’ Comp Underwriters Predict Higher Premiums, Conning Study Says
Aug 29 2000 // A new Conning & Company study reports that 90.4 percent of workers’ compensation insurers surveyed believed that the industry will see increased premium rates, suggesting that the era of price competition is...
ICorp.com Selects Insureon.com as Online Access Provider
Aug 25 2000 // Insureon.com has been selected by iCorp.com to provide online access for insurance brokers coordinating workers’ compensation insurance for their customers. The new partnership gives brokers access to...
