Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
State Fund Ratings Affirmed
May 26 2000 // Despite rumors to the contrary, State Compensation Insurance Fund remains solid in the turbulent California workers’ compensation market. The state’s largest workers’ comp provider received an affirmed...
Fireman’s Fund Chooses CompPartners HCO
May 17 2000 // Fireman’s Fund insurance Co. (FFIC) selected CompPartners, an Irvine-based workers’ comp health care organization (HCO), to provide HCO services in California. Joseph Wells, vice president of workers’...
WORKERS’ COMP DECLINE
May 15 2000 // Workers’ compensation benefit payments and costs declined relative to wages in 1997 and 1998 according to a report released today by the National Academy of Social Insurance. This marks the sixth consecutive year of...
Insurers Voice Concern For Oregon W/C
May 15 2000 // An Oregon House Interim Committee heard testimony on April 27 with respect to what is perceived by a number of insurance industry analysts and major trade organizations as a state of deterioration in the workers’...
S&P Places Workers’ Comp Insurers on WatchNeg
May 10 2000 // Standard & Poor’s has placed its ratings on several insurance companies with significant exposure to the California workers”comp market on CreditWatch with negative implications. These rating actions,...
W/C Payouts Increase in California, Decrease Nationwide
May 5 2000 // Workers’ comp payments increased 8 percent in California from 1996 to 1998, while payments decreased nearly 1 percent nationwide, according to a report released by the National Academy of Social Insurance...
New Hartford Study Finds that Speedy Workers’ Comp Filings Increase Savings
May 4 2000 // More than 30,000 lost-time workers’ comp claims were analyzed in the study over a five-year period from 1994 through 1998. The injuries fell into three categories-back injuries, carpal tunnel syndrome and other nerve...
Workers’ Comp Benefits Decline
May 3 2000 // Workers’ compensation benefit payments and costs declined relative to wages in 1997 and 1998, according to a report released today by the National Academy of Social Insurance. This marks the sixth consecutive year of...
Oregon Workers’ Comp Market On the Downslide, NAII Says
May 1 2000 // Potential problems within Oregon’s state insurance fund could further jeopardize a struggling workers’ comp market, according to testimony by a representative for the National Association of Independent...
Study Finds 1999 a Disastrous Year for Workers’ Comp
May 1 2000 // Recent findings of the nonprofit Workers’ Compensation Insurance Rating Bureau (WCIRB) of California present a rather bleak picture of the current state of California’s workers’ comp...
Who Wants Workers’ Comp’
Apr 10 2000 // Employees covered under traditional workers’ comp waive their right to sue for on-the-job injuries. Two Amarillo court cases extend the waiver to non-subscriber companies. Could this change the worker’ comp...
PEOs Change Focus by Courting Agents as Partners, not Customers
Apr 10 2000 // As much as 10 years ago, independent insurance agents were being courted by professional employer organizations (PEOs), which viewed the small structure of agents’ offices as ripe for their human resources...
Managed Care Organizations Aim to Send Workers Back to Work
Apr 10 2000 // When managed care was introduced to the workers’ comp arena in the 1980s, it promised to be the cure-all for a system suffering astronomical costs and premiums. Today, the atmosphere of workers’ comp in Texas...
IIAA’s Hofmann Calls for OSHA Ergonomics Rule Halt
Apr 4 2000 // At a Washington hearing last week, William F. Hofmann, president elect of the Independent Insurance Agents of America, said the association has “grave concerns” with proposed workplace ergonomics rules and is...
WORKERS’ COMP MARKET OVERVIEW
Apr 3 2000 // CALIFORNIA STILL CRAZY AFTER ALL THESE YEARS By Sky Barnhart “After five years of product being given away, it’s a crazy, crazy market, and it’s put a lot of people on the producers’ side out of...
Insurance Groups Accuse OSHA of Overstepping Its Boundaries
Apr 3 2000 // No one would call the Occupational Safety and Health Administration (OSHA) a wildly popular entity, but lately, it has been making its presence even more unwelcome. OSHA’s recent proposed ergonomic standard is on the...
Managed Care Organizations Aim to Send Workers Back to Work
Apr 3 2000 // When managed care was introduced to the workers’ comp arena in the 1980s, it promised to be the cure-all for a system suffering astronomical costs and waning premiums. Today, the atmosphere of workers’ comp in...
Privacy Legislation Could Have a Negative Impact on W/C Insurers
Apr 3 2000 // broad coalition of insurance and employer trade associations and companies recently filed comments with the U.S. Department of Health and Human Services on proposed medical records privacy regulations. Insurers argue the...
Agents Play Intrinsic Role in Online Workers’ Comp Transactions
Apr 3 2000 // While online sales of personal lines become increasingly common, there is still a perception that certain commercial lines pose a more difficult sell. Yet with an unofficial figure estimating the market for commercial...
The Unraveling of Superior National
Mar 30 2000 // Editor’s Note: This article was written by Standard & Poor’s analyst Darin Feldman, and is printed with permission. In its 1998 annual report “Survival of the Fittest,” Superior National...
