October 8, 2012
In the United States, employer costs for employees in private industry range from $26.14 per hour in the South to $32.98 in the Northeast. According to U.S. Bureau of Labor Statistics, the same costs are $28.06 in the Midwest and …
October 8, 2012
Your client, a tenant in a local strip mall, signs a five-year lease with an option to renew. The lease contains the following language: Lessor shall pay property insurance premiums on the leased premises including the personal property in a …
October 7, 2012
ACE USA, the U.S.-based retail operations of the ACE Group, has introduced the privacy and network security liability endorsement to both the healthcare facilities and managed care organization policies. This endorsement is designed to complement ACE Medical Risk’s professional liability, …
October 7, 2012
A taxpayer group, joined by plaintiffs throughout California, has filed a lawsuit seeking to block a fee that is being assessed on more than 800,000 property owners to raise money for fire prevention. The Howard Jarvis Taxpayers Association is seeking …
October 7, 2012
A report out Friday by the Workers’ Compensation Research Institute rates California’s workers’ comp system against 15 other states, and the report details several key improvements to the system that could be made after a law to revamp the system …
October 5, 2012
California’s State Compensation Insurance Fund’s board voted on Friday for a 7 percent decrease in its 2013 rates, a move that reflects State Fund’s anticipated savings from a workers’ compensation reform law set to take effect on Jan. 1, 2013. …
October 5, 2012
The Virginia State Corporation Commission has scheduled a hearing for Oct. 16 to consider a request filed by the National Council on Compensation Insurance Inc. to adjust the premium levels charged for workers’ comp insurance. NCCI has proposed a decrease …
October 5, 2012
I was recently talking with a regional wholesaler regarding her 2013 marketing plans. When we got to the topic of internet marketing and more specifically website banner ads, she told me they had tried it and it did not work …
October 5, 2012
A workers’ comp pharmacy billing company has agreed to pay restitution after allegedly overcharging Massachusetts and a number of cities and towns within the state for prescription drugs through the workers’ comp insurance system. StoneRiver Pharmacy Solutions Inc. has agreed …
October 5, 2012
Connecticut Insurance Commissioner Thomas Leonardi today announced that John C. Thomson, a veteran risk management specialist, will manage the new captive insurance regulatory unit. Commissioner Leonardi said Thomson brings a strong, diverse background in risk management and that he will …