October 4, 2016
A new rule governing the prescribing of opioids to treat Ohioans injured on the job took effect on Oct. 1, the Ohio Bureau of Workers’ Compensation (BWC) reported. The changes target the prevention of opioid dependence by encouraging appropriate prescribing …
October 4, 2016
The WCIRB has submitted a pure premium rate filing to the California Department of Insurance proposing Jan. 1, 2017 advisory pure premium rates lower than the corresponding industry average and less than the average approved rates. In an original filing …
October 3, 2016
Legal and regulatory squabbles in New York, California and other states involving Berkshire Hathaway and its Applied Underwriter affiliates over particular workers’ compensation products should not have any negative effects on brokers who dealt with the products, according to a …
October 3, 2016
Getting employee buy-in may be the biggest key in getting a company to successfully adopt predictive analytics and other cutting-edge technologies, said Martin Welch, CEO of Hawaii Employers Mutual Insurance Co. Welch has spent 35 years in the property/casualty industry, …
September 30, 2016
Workers’ compensation insurer, Texas Mutual Insurance Co., announced it has accepted the Strategy Meets Action (SMA) Innovation in Action Award for its development of Safety in a Box, which uses virtual reality (VR) technology for workplace safety training. The Innovation …
September 30, 2016
Obese and overweight workers are more likely to incur high costs related to workers’ compensation claims for major injuries, reports a study in the September Journal of Occupational and Environmental Medicine, official publication of the American College of Occupational and …
September 29, 2016
The Centers for Disease Control and Prevention says Louisiana’s drug overdose death rate exceeds the national average, the Louisiana Department of Insurance reported. In addition, a recent study released by the Workers Compensation Research Institute found that one in six …
September 28, 2016
A Louisiana jury awarded a total of $13.6 million to four men injured in the 2013 explosion at the Williams Olefins Geismar plant. The Advocate reports a jury in Iberville Parish ruled late on Sept. 26 that the company, several …
September 27, 2016
Professional employer organizations (PEOs) began their rise after the adoption of the Tax Equity and Fiscal Responsibility Act of 1982 cleared a path for the creation and expansion of such entities. Between 780 and 980 professional employer organizations operate across …
September 26, 2016
Insurance brokers who sold allegedly illegal workers’ compensation products from Berkshire Hathaway affiliates involved in legal and regulatory troubles in New York and California could end up being strapped with liability issues that may not be covered by their professional …