workers’ compensation News

Former California State Fund Executive Fined for Conflict of Interest

A former top executive at California’s State Compensation Insurance Fund has admitted to charges of a conflict of interest in awarding contacts to a software firm while he was at State Fund, it was made public on Friday by the …

Delaware Approves 14% Hike in Workers’ Comp Voluntary Market Loss Costs

Delaware Insurance Commissioner Karen Weldin Stewart announced today that she has approved the re-submission of the Delaware Compensation Rating Bureau (DCRB) workers’ compensation rate filing regarding the residual market rate and the voluntary market loss cost. The commissioner and Ratepayer …

Maine Approves 7.7% Decrease in Workers’ Comp Loss Costs

Maine Gov. Paul R. LePage and Insurance Superintendent Eric Cioppa announced Thursday that the Bureau of Insurance has approved the National Council on Compensation Insurance Inc.’s (NCCI) 2014 loss cost for Maine, filed earlier this month, which proposed a premium …

Texas Likely to Become an ‘NCCI State’ for Workers’ Comp; Question Is – When?

Texas will be privatizing many functions in its workers’ compensation system if a staff petition to adopt the National Council on Compensation Insurance (NCCI) Basic Manual, with Texas exceptions, and the national and Texas-specific endorsements and forms in the NCCI …

Conn. Lawmakers Propose Workers’ Comp Expansion for PTSD Coverage

Some Connecticut lawmakers have resurrected a proposal from last year to expand the state’s workers’ compensation law to cover employees who’ve suffered an emotional or mental impairment after witnessing a traumatic death or maiming while on the job. Similar legislation …

Patriot National, Stonewood Partner on Healthcare Program in Midwest

Patriot National Insurance Group Inc., a workers’ compensation insurer based in Fort Lauderdale, Fla., has a new partnership with Stonewood National Insurance Co. for a healthcare industry program in the Midwest. Under the partnership arrangement, Patriot will write workers’ compensation …

Missouri Bill Would Create Online Database for Workers’ Comp Claims

An online database of workers’ compensation claims would be created under legislation passed by the Missouri Senate. Under the measure, businesses could provide a potential employee’s name and Social Security number to identify the date of workers’ compensation claims and …

Missouri-Based Safety National Reports Management Changes

Excess workers’ compensation insurance provider, Safety National Casualty Corp., based in St. Louis, Mo., announced the following management appointments to take effect on March 1. Tom Grove, assistant vice president – business development, will assume the role as vice president …

Southern California’s Construction Sector Continues to Heat

Southern California’s construction sector continues to gain momentum, making good on positive outlooks issued late last year, and agents and brokers who deal in this segment can’t be any happier – especially those who remember the historically rough times that …

Mass. AG Office Says 7.7% Workers’ Comp Rate Hike Unnecessary

At a recent public hearing, Massachusetts Attorney General Martha Coakley’s office expressed its opposition to the workers’ compensation average rate increase proposal and argued that the rate should be lowered instead. The Attorney General’s office expressed its view at the …