Utilization of telemedicine services in the Texas workers’ compensation rose dramatically during the height of the COVID-19 pandemic, according to a recently published report from the Texas Department of Insurance (TDI). The report, “Evaluation of Telemedicine Services in the Texas …
A highway worker was killed and a co-worker was seriously injured when a vehicle struck them as they were working along a rural road in eastern Indiana, state police said. The two Union County Highway Department employees were working about …
Workers’ compensation insurers have slashed spending on opioids, reducing the risk of addiction and delayed recovery, but now they are under increasing pressure to reimburse injured workers for a new kind of elixir. Six states now allow or require insurers …
Federal workplace safety officials say a Bloomingdale, Illinois, nursing facility failed to protect employees and temporary staff from possible coronavirus hazards a year after an employee died of the disease. OSHA initiated a follow-up inspection at West Suburban Nursing and …
The National Council on Compensation Insurance recently submitted its annual rate recommendation. NCCI’s recommendation is based on claims volume, claims utilization, workforce, and wages, as well as any changes in rules or legislation. After review and discussion of the recommendation, …
An explosion and fire that killed a press operator and hospitalized eight other employees of Yenkin-Majestic Paint Corp. could have been prevented had the employer not altered a kettle reactor vessel improperly and then returned the vessel to service after …
While some property and casualty insurers have pulled out of the troubled Florida market, Associated Insurance Administrators sees strong potential in the workers’ compensation and commercial specialty sectors. AIA, a program administrator and wholesale supplier of comp and specialty products, …
Omaha-based Insurate, a data science-based provider of workers’ compensation, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd. Joining the round are Foundation Capital, Revolution’s Rise of the Rest …
Florida insurance regulators are set to hold two hearings in the next three weeks to examine workers’ compensation rates and worker notification issues. On Oct. 14, the Office of Insurance Regulation will host a virtual public rate hearing to discuss …
Workers’ compensation insurers continue to stow away more money than necessary in reserves, even as reported loss ratios continue to climb, according to a report released by the National Council on Compensation Insurance. A.M. Best also released a report concluding …
