Illinois lawmakers left two big pieces of unfinished business when they went home after voting to raise income taxes. One piece would make Illinois a less expensive place to do business, and the other would get billions of dollars into …
Average renewal premiums for commercial lines property/ casualty insurance were largely unchanged during the fourth quarter of 2010 and that may remain the case for awhile. According to the RIMS Benchmark Survey, directors and officers liability (D&O) was the only …
A Texas-based workers’ compensation insurer has lost its appeal of rulings by the Florida insurance commissioner that have blocked it from doing business in the state. On Jan 20, without explanation, a three-judge panel in Florida’s First District Court of …
The Republicans in the Oklahoma Senate say they are focusing on job creation and budget challenges in their legislative agenda this year. Workers’ compensation and tort reform are among the initiatives they say are important. Announcing their legislative intent for …
Despite a decline in the number of job injury claims reported by California public self-insured employers last year, rising claim severity drove up total workers’ compensation costs for cities, counties and other public agencies in the state last year. The …
Nevada Insurance Commissioner Brett Barratt has approved a filing for an average decrease of 3.9 percent for Nevada workers’ compensation voluntary insurance loss costs and an average decrease of 2.2 percent for workers’ compensation insurance assigned risk rates. Loss costs …
Colorado lawmakers are considering getting rid of some tax exemptions for Pinnacol Assurance. The Joint Budget Committee decided last week to draw up the legislation. The decision follows the release of documents showing that the state-chartered workers’ compensation insurance company …
Reno, Nev.-based Employers Holdings Inc. has announced that the company and Martin J. Welch have mutually agreed to the separation of his employment as the chief operating officer and president of Employers Insurance Company of Nevada and the company’s other …
More than 1,000 federal workers aged 80 and older are receiving workers’ compensation benefits even though they likely have no intention of returning to work, according to a U.S. senator who wants to reduce the waste in the program that …
Final enforcement actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) for December 2010 include fines of up to $78,000. Division of Workers’ Compensationfinal disciplinary orders for December 2010 (alphabetical order): American Guarantee & Liability Insurance …
