Data released by the Bureau of Economic Analysis (BEA) shows that Louisiana personal income grew by $2.67 billion to $224.43 billion between 2019 Q1 and 2019 Q2, a new series record. Louisiana personal income has grown for 13 consecutive quarters …
A 5.1% percent decrease in workers’ compensation insurance loss costs in Oklahoma for 2020 has been approved by Insurance Commissioner Glen Mulready, the state insurance department announced. Loss costs are the average cost of lost wages and medical payments of …
Steve Nichols, manager of Workers’ Compensation Services at the Insurance Council of Texas (ICT), is moving on to pursue other opportunities, the insurance trade organization reports. Nichols has been with ICT for 19 years; his last day will be Sept. …
A Worcester, Mass., man who operated a temporary employment agency was indicted in connection with a scheme to evade more than $110,000 in workers’ compensation premiums, according to a press release issued by Massachusetts Attorney General Maura Healey’s office. Sovane …
The price of workers’ compensation insurance in Washington would drop for the third year in a row under a proposal by the Washington Department of Labor & Industries. The L&I on Wednesday proposed a 0.8% decrease in the average premium …
A Rochester, N.Y., woman has been arraigned on charges that she defrauded the workers’ compensation system of more than $5,000 by endorsing and cashing wage reimbursement checks intended for her deceased grandmother. “This is an egregious case where an individual …
Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing unfair conditions on drivers delivering packages for the e-commerce company. The senators, in a letter to Chief Executive Officer Jeff …
The board of Hawai`i Employers’ Mutual Insurance Company Inc. has declared a $3.5 million dividend payable to qualifying policyholders. HEMIC says that with this dividend it will have returned over $38 million dollars to Hawaii businesses over the last 13 …
Oregon businesses will another drop in workers’ compensation costs in 2020. Employers in the state next year will pay an average of $1.02 per $100 of payroll for workers’ comp, down from $1.11 in 2019, under a proposal by the …
Austin, Texas-based Service American Indemnity Co. (SAIC), national provider of program services, has added Risk Transfer Insurance Agency as the newest partner to support its continued national growth in workers’ compensation. Risk Transfer Insurance Agency (RTIA) is a full-service commercial …
