workers’ compensation News

10 Companies OK’d to Self-Insure for Workers’ Comp in Texas

The Division of Workers’ Compensation (DWC) approved one new Certificate of Authority to self-insure workers’ compensation claims and renewed nine such certificates. The companies receiving the certificates collectively employ approximately 33,150 employees in Texas. United Airlines Inc., Chicago, Ill., was …

Florida Touts Workers’ Comp Market Competition But Warns on Court Rulings

Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states, according to the latest report from the state’s insurance regulator. At the same time, the report warns that several court cases …

V3 Partners Adds Berkshire’s National Liability to Online Workers’ Comp Program

V3 Insurance Partners LLC has enhanced its workers’ compensation program, adding National Liability & Fire Insurance Co., a Berkshire Hathaway Group company, as a new market. Now available in additional states with more class codes, V3iConnect Comp – a web-based …

2 Killed, 3 Hurt in Explosion at Oklahoma Oil Rig

An explosion and fire at a southeastern Oklahoma oil rig early on Dec. 19 killed two workers and injured three others, two of them critically. The explosion occurred around 1 a.m. on the deck of a rig about 2 miles …

Former California Highway Patrolman Convicted of Worker’s Comp Fraud

A former California Highway Patrol officer has been convicted in a case involving workers’ compensation insurance fraud. A Sacramento County jury on Thursday convicted Tony Yao on felony charges of failure to disclose a prior motor vehicle accident and resulting …

PCRB Proposes 5.99% Average Workers’ Comp Loss Cost Decrease in Penn.

The Pennsylvania Compensation Rating Bureau (PCRB) has submitted a filing of Pennsylvania loss costs and related rating values with a proposed effective date of April 1, 2015. PCRB said in its Circular No. 1636 on Dec. 15 that its filing, …

Top 10 Casualty Insurance Trends for 2015: Marsh

While casualty insurance rates remain stable overall and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. The following report outlines 10 key trends that Marsh …

Wrongful Death Suit Filed in Louisiana over Offshore Platform Explosion

The wife of a man killed in a Nov. 20 explosion on a Fieldwood Energy platform has filed a wrongful death lawsuit in U.S. District Court in Louisiana that claims the victim and his crew were told the piece of …

Former Bridezilla Surrenders in California For Felony Insurance Fraud

Anita Maxwell, who was featured in season four of the television reality series “Bridezillas,” has surrendered herself to the Superior Court of California in Los Angeles County on 14 felony counts associated with insurance fraud. A California Department of Insurance …

Louisiana in No. 2 Spot for Low Work-Related Injuries, Illness

The rate of work-related injuries and illnesses among Louisiana’s private sector employers improved to its best level since the federal Occupational Safety and Health Administration revised its record-keeping rules in 2002. Louisiana ranked second-best among 41 states and the District …