Rhode Island’s Department of Business Regulation, Insurance Division, on May 15 approved a +2.5 percent overall increase in advisory loss costs for workers’ compensation for industrial classes and an overall increase of +5.4 percent for “F” classes. The approved increases …
The NFL Players Association is asking player agents to warn clients that signing with the New Orleans Saints could subject them to unfavorable workers’ compensation benefits. In an email Friday, NFLPA chief DeMaurice Smith said union officials believe agents should …
The director of the state insurance fund for injured workers said Friday that he’s disappointed with an unusually pointed appeals court decision that says the fund overcharged employers by hundreds of millions of dollars. Steve Buehrer, Ohio Bureau of Workers’ …
A New Hampshire drywall company and its owner have been sued for allegedly misclassifying employees as independent contractors, Massachusetts Attorney General Martha Coakley’s office announced today. The lawsuit, filed Thursday in Suffolk Superior Court, alleges that Universal Drywall, LLC and …
As in other states with no restrictions on pricing in the workers’ compensation system, medical costs per claim are high and are rising in Indiana, according to a recent study by the Workers’ Compensation Research Institute in Cambridge, Mass. Hospital …
The fact that the workers compensation combined ratio was 101 in 2013, a seven-point decrease from 2012 and a 14-point decline since 2011, is a sign that the workers’ compensation market is returning to a state of “balance,” according to …
It’s beginning look more and more like the Central Basin Municipal Water District in Southern California is going to be taking matters into its own hands in the face of being tossed out of the state’s largest insurance pool for …
The federal government says Republic Steel has agreed to pay $2.4 million in a settlement and address alleged health and safety violations at three Ohio facilities and one in Blasdell, N.Y. A statement from the Occupational Safety and Health Administration …
Federal figures show Texas had 216 oilfield deaths from 2008 through 2012 to lead the U.S. during the reporting period. The Houston Chronicle reported that nationwide the number of oilfield deaths reached 545 amid increased drilling and fracking operations. The …
A.M. Best has downgraded the financial strength rating of Calif.-based Springfield Insurance Co., a carrier focused on workers’ compensation. The financial strength downgrade was to B- (Fair) from B (Fair) and the issuer credit rating was dropped to “bb-” from …
