For the first time in two decades, Washington workers’ compensation rates have dropped or stayed steady for four years in a row. The state Department of Labor & Industries on Monday announced there will be no increase for the average …
Representatives of employers, organized labor, insurance companies, plaintiff’s attorneys, medical providers and defense attorneys have formed Kids’ Chance of Maine to provide scholarships to the children of workers who have been seriously injured or killed on the job. The Maine …
After dipping for the first time ever in 2017, the number of workers’ comp medical dispute decision letters rose to an all-time high in 2018, according to a California Workers’ Compensation Institute study on the Independent Medical Review process used …
California’s State Compensation Insurance Fund reported an increase of net income and written premium in its just-released annual report for 2018. Financial highlights of the 2018 annual report include: Net income of $187 million, up from $40 million the previous …
California written premium for 2018 was 4 percent below 2017 and 6 percent below 2016 as recent declining premium rates have more than offset payroll growth, according to a report from the Workers’ Compensation Insurance Rating Bureau of California. The …
California Insurance Commissioner Dave Jones on Wednesday imposed a $4.3 million penalty on American Labor Alliance and CompOne USA for selling workers’ compensation and liability policies to employers of farmworkers without being properly licensed with the California Department of Insurance. …
The Idaho Department of Insurance has proved a 4.2 percent drop in workers’ compensation insurance rates effective Jan. 1, 2019. The proposed rate change comes from the National Council on Compensation Insurance, and is a function of declining claim costs, …
The price of workers’ compensation insurance in Washington could drop significantly in 2019. The Washington Department of Labor & Industries this week proposed a 5 percent decrease in the average premium employers pay for the coverage. If approved, the rate …
The board of directors of the SAIF, the not-for-profit company providing workers’ comp insurance in Oregon, declared two dividends for customers: a $120 million primary dividend to be paid to SAIF’s policyholders, and a $40 million safety performance dividend to …
Oregon employers next year will pay an average of $1.12 per $100 of payroll for workers’ compensation insurance, down from $1.23 in 2018, under a proposal by the Oregon Department of Consumer and Business Services. This will mark the sixth …
