A.M. Best Company has upgraded the Financial Strength Rating of San Diego, Calif.-based ICW Group Insurance Cos. to “A” (Excellent) from a “Stable” outlook. A.M. Best said its ratings reflect the company’s balance sheet strength as well as its solid …
A Portland, Ore. cremation worker who says she was sexually harassed and fired after reporting she sustained a back injury when a heavy corpse fell on her has filed a lawsuit seeking $900,000. The Oregonian/OregonLive reported that the sex discrimination …
The Workers’ Compensation Insurance Rating Bureau of California on Thursday issued a summary of legislation signed into law by Gov. Jerry Brown. The Legislature recessed for the year on Aug. 31, and Brown had until Sept. 30 to sign or …
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, …
BusinessFirst Insurance Co. has received all regulatory approvals from the Indiana Department of Insurance to begin offering workers’ compensation insurance coverage in the state, the company announced. Appointed agents may quote Indiana business with BusinessFirst for policies with effective dates …
Newport Beach, Calif.-based Pacific Health Care Organization Inc. today announced the launch of a strategic acquisition search for an insurance company to add to its suite of comprehensive workers’ comp solutions. The acquisition strategy in the state of California for …
The city of Austin, Texas, has dropped a lawsuit challenging the determination by state workers’ compensation officials and an appeals panel that a firefighter diagnosed with cancer is eligible for workers’ comp benefits. According to the Austin Firefighters Association, Lt. …
Mega workers’ comp claims – losses exceeding $10 million – jumped in 2016, according to a new report by the National Council on Compensation Insurance (NCCI). It’s unclear if this is a one time occurrence or a new trend for …
Texas Mutual Insurance Company, a policyholder-owned company, recently awarded a dividend of $1,060,313 to the Lone Star Auto Dealers Association (LSADA) safety group, which includes franchised auto, truck, RV, boat and motorcycle dealerships. This year’s dividend from Texas Mutual brings …
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 …
