Yet risk managers say keeping workers safe and costs down still major concerns California employers and insurers have started to see — and should continue to see — significant results from workers’ compensation reforms enacted in 2005, according to the …
Washington’s Department of Labor and Industries has issued an emergency rule, requiring employers to take precautions to prevent heat-related illness for anyone working outdoors in hot weather. This is the second summer in a row that L&I adopted the emergency …
Consumer advocates have filed a challenge to block a proposed 25 percent increase in Fireman’s Fund’s earthquake rates in California, a move that they say could save each of the company’s earthquake customers $356 a year. The nonprofit Foundation for …
The Bank of Albuquerque will be the custodian of more than $380 million in deposits from about 1,400 insurance companies doing business in New Mexico. The bank has been awarded a one-year contract, beginning July 1, to oversee the deposits, …
Countrywide Insurance Group named Steve Cardinal president and chief operating officer of Countrywide Insurance Services. As a member of Countrywide Insurance Group’s executive team, Cardinal will oversee all aspects of Countrywide Insurance Services. He also will spearhead efforts to hire …
California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect new and renewal workers’ compensation policies with an effective …
Arizona is proposing to increase the caps on workers’ compensation benefits received by employees hurt on the job. Under a freshly rewritten workers’ compensation bill given preliminary Senate approval on voice vote, the current $2,400 monthly cap on how much …
$3,600 Maximum amount in monthly workers’ compensation benefits the Arizona Senate is proposing by 2009. The current benefits are capped at $2,400 per month. Industry and labor groups said the Senate was focused on a compromise cap for fear the …
Workers’ comp caps “Workers’ comp is just too important to take any changes that something would go on the ballot that would make the system fall apart. There are unintended consequences when we go to the ballot so everyone is …
Global broker Willis, in its latest “Property Alert,” indicated that the “the global capacity, pricing regimens, terms and conditions for both cat risks and non-cat risks in the global property insurance market are changing more rapidly than many would have …
