November 16, 2017
California Insurance Commissioner Dave Jones has issued an order requiring a central valley company and its affiliates to stop selling workers’ compensation and liability policies because it is not properly licensed with the California Department of Insurance. In October 2016, …
November 15, 2017
Workers’ compensation payers saw an average 11 percent reduction in their pharmacy spend in 2016, driven by a 13.3 percent reduction in opioid cost, according to an annual survey by pharmacy benefit manager CompPharma. CompPharma’s 14th Annual Survey of Prescription …
November 13, 2017
The Pinnacol Assurance board has approved a 2018 decrease in workers’ compensation rates that will average 7.4 percent for the insurer’s 57,000-plus Colorado policyholders. The decrease will become effective Jan. 1, 2018, and will make for the third straight year …
November 9, 2017
Two workers were injured when a fire broke out on an oil production platform in the Gulf of Mexico early Wednesday, according to a Coast Guard spokeswoman. Coast Guard Petty Officer Lexie Preston said 46 workers were evacuated from Shell …
November 7, 2017
The fourteenth annual LWCC Kids’ Chance invitational golf tournament raised over $35,000 for the Louisiana Bar Foundation (LBF) Kids’ Chance Scholarship Program. The Kids’ Chance Scholarship Program provides scholarships to dependent children of Louisiana workers killed or permanently and totally …
November 6, 2017
A spokeswoman for Louisiana State University says three workers were injured when an “electrical issue” sparked a fire that prompted the evacuation of the university’s law school. LSU spokeswoman Alison Satake says an LSU maintenance worker and two subcontractors were …
October 31, 2017
The adjusted annual payroll requirement of an employer for the coverage of seasonal workers under the provisions of the Texas Labor Code, Section 406.162 is $55,922, the Texas Department of Insurance announced. This gross payroll amount will be used in …
October 31, 2017
The Workers Compensation Research Institute (WCRI) released a new tool for policymakers and system stakeholders to track the performance of the New York workers’ compensation system. “Originally established to monitor the system following reforms in 2007, the report has evolved …
October 30, 2017
Workers’ compensation insurers are looking to technology to deliver operating efficiencies, underwriting insights and product development as they navigate a fragmented market with high sensitivity to state regulation, According to technology research and consulting firm Novarica in its latest report, …
October 27, 2017
Several state and federal government entities partnering on a Louisiana task force to target employers who misclassify workers plan increased activity in 2018, according to the Louisiana Workforce Commission (LWC). The LWC’s Unemployment Insurance and Office of Workers’ Compensation divisions …