Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Ace Names North American Claims Team with Chubb’s Miller, Ace’s Poetzsch as Executive VPs
Nov 2 2015 // Ace Ltd. has named the future claims leadership team it intends to appoint for the company’s North America Insurance division upon completion of its acquisition of Chubb, which is expected in the first quarter of...
Kansas to See Lower Workers’ Comp Insurance Rates
Nov 2 2015 // Kansas Insurance Commissioner Ken Selzer says about 65,000 businesses in the state will pay less for workers’ compensation coverage next year. Selzer said he has approved lower rates proposed by the National Council...
A.M. Best: Outlook Stable for Midwest Builders’ Casualty Mutual, Subs
Oct 29 2015 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” for Midwest Builders’ Casualty Mutual Insurance...
Commercial Insurance Rates, Except Auto and Flood, Still Falling: CIAB
Oct 29 2015 // Commercial property/casualty insurance prices continued to decline moderately — an average of 3.1 percent— during the third quarter, according to a survey by The Council of Insurance Agents & Brokers. The CIAB...
New Hampshire Approves Workers’ Comp Loss Cost Decrease of 5.9%
Oct 28 2015 // The New Hampshire Insurance Department announced that it has approved the National Council on Compensation Insurance’s advisory loss cost and rating values filling to be effective Jan. 1, 2016. The approved voluntary...
Louisiana Workers’ Comp Insurance Rates Set to Decline Again
Oct 26 2015 // Commissioner of Insurance Jim Donelon reports that Louisiana businesses are expected to see a decrease in their workers’ compensation rates in 2016. The National Council on Compensation Insurance (NCCI) recently...
Kansas to See Lower Workers’ Comp Insurance Rates
Oct 26 2015 // Kansas Insurance Commissioner Ken Selzer says about 65,000 businesses in the state will pay less for their workers’ compensation coverage next year. Selzer announced that he approved lower rates proposed by the...
HM Insurance Group Announces 2 New Hires in Pennsylvania
Oct 23 2015 // HM Insurance Group in Pittsburgh announced the hiring of Alex Fickes as marketing underwriter, Workers’ Compensation, for HM Insurance’s central and eastern Pennsylvania territories. Fickes previously worked as...
Florida’s Normandy Insurance Promotes Cook to Underwriting Manager
Oct 21 2015 // Florida-based Normandy Insurance has promoted Greta Cook to the position of underwriting manager. Formerly a senior underwriter with Normandy, Cook’s new role will include managing the underwriting team and focusing...
Wisconsin’s Ashley Furniture Again Cited for Alleged Safety Hazards
Oct 21 2015 // A federal safety agency has again cited Ashley Furniture Industries Inc. for alleged safety violations at one of its Wisconsin factories. The U.S. Occupational Safety and Health Administration alleged that Arcadia-based...
Workers’ Comp Medical Payments in Illinois Rose in 2013: Report
Oct 21 2015 // Medical payments per workers’ compensation claim in Illinois rose 4.1 percent in 2013, after decreasing 20 percent between 2010 and 2012 as a result of a 30 percent reduction in fee schedule rates, according to a...
California Commissioner Approves Reduced 2016 Pure Premium Rate Filing
Oct 20 2015 // California Insurance Commissioner Dave Jones approved workers’ compensation rates for 2016 that are 2 percent below the average approved in July. The Workers’ Compensation Insurance Rating Bureau submitted its...
Missouri Glass Company to Appeal OSHA Penalties
Oct 19 2015 // An official with a southeast Missouri glass company where a worker suffered third-degree burns says the firm will appeal proposed penalties of $122,000. The U.S. Occupational Safety and Health Administration announced the...
E&O Insights: How Well Are You Managing Your Agency’s Commercial Lines Accounts?
Oct 19 2015 // Ask errors and omissions (E&O) carriers about their results when dealing with commercial lines shops and most, if not all, would comment that heavy commercial lines agencies definitely generate their share of E&O...
Insuring against Terrorism: America’s Post-9/11 Recovery
Oct 19 2015 // In a nation founded on a system of checks and balances – House against Senate, Supreme Court versus the Presidency – gridlock can be a fact of life, especially in peacetime. But in a time of real trouble from...
Another Report Shows California Workers’ Comp Reforms Working
Oct 19 2015 // A new study on worker’s compensation across 17 states shows that reforms sometimes work — and such is the case of sweeping reforms made in California, the report shows. The Workers Compensation Research...
California Governor Signs Workers’ Comp Formulary Bill
Oct 19 2015 // California Gov. Jerry Brown has signed a bill to move California forward in curbing abuse of opioid medications in the workers’ compensation system. Assembly Bill 1124, authored by Assemblyman Henry T. Perea,...
DA Suspends Funding Agreement with Workers’ Comp Insurer, Texas Mutual
Oct 19 2015 // The Travis County, Texas District Attorney’s office said it is suspending an agreement with Texas Mutual Insurance Co. under which the company provides funds for prosecutors to pursue the workers’ compensation...
Tennessee Dissolves Residual Workers Comp Reinsurance Plan
Oct 19 2015 // The Tennessee Workers Compensation Insurance Plan (TWCIP) reinsurance mechanism has been dissolved as part of the state’s transition to the National Council on Compensation Insurance (NCCI) as the new residual...
Worker’s Burns Lead to $122K in Penalties for Missouri Company
Oct 16 2015 // The U.S. Occupational Safety and Health Administration is proposing penalties of $122,000 for a glass company after a worker in southeast Missouri suffered third-degree burns on the job. OSHA announced the proposed...
