Both labor and employers agree that workers’ compensation reforms generally have improved California’s business climate. However, some controversial issues still remain that likely will be addressed in 2007, according to William Zachry, vice president of corporate workers’ compensation for Safeway …
Nearly one-third fewer Oklahoma teenagers smoked cigarettes last year compared to 1999, according to a state Health Department survey, the Associated Press reported. The random survey of 4,000 high school and middle school students estimated there were 54,115 teen smokers …
Traffic deaths in the United States reached their highest levels since 1990, the government reported. The spike in fatalities was attributed to an increase in motorcycle and pedestrian fatalities. The National Highway Traffic Safety Administration said 43,443 people were killed …
Small workplaces that are a business’ only location are among the safest places to work, according to a RAND Corporation study. The finding provides an important exception to research that workers in small workplaces are at greater risk of fatal …
Oklahoma State Sen. Jeff Rabon recently asked the U.S. Congress to make available additional funding for emergency drought relief needed by Oklahoma farmers and ranchers after Gov. Brad Henry’s request for disaster designation for all 77 counties was granted by …
$593 million The aggregate, policyholder surplus in 2005 of 25 risk retention groups rated by A.M. Best, compared to $545 million the prior year. Total assets were $1.69 billion, an increase over the prior year’s $1.5 billion. $50 billion The …
Allstate Insurance Co. failed to buy reinsurance last year to cover some of the cost of policies in Louisiana a gamble that cost the company $2 billion in claims, The Associated Press reported. The company’s models did not predict a …
The designs of passenger vehicles have been improving for years, becoming more protective of their occupants in crashes. Without those improvements, the motor vehicle death rate per registered vehicle would have stopped declining in 1994 and started going up, according …
The nation’s lawyers apparently have no fear of sharks — unless they’re the kind that file lawsuits. About 40 lawyers signed up for the National Lawyers on Longboards Surfing Contest scheduled during the Aug. 3-8 American Bar Association convention in …
Since 1995, there have been 755 separate cases of class action securities litigation on allegations of companies inflating their stock prices due to fraud or untimely disclosure. Settlements in these cases have totaled about $25.4 billion. On the surface, it …
