Digital agency Pie Insurance has begun selling its low-cost small business workers’ compensation insurance policies online in Colorado, Louisiana and Texas. That brings the total states for Pie to seven as in March it began selling in Illinois, Georgia, Tennessee …
The Illinois General Assembly has passed a bill that requires the pre-approval of workers’ compensation insurance rates by the Illinois Department of Insurance. The legislation also “permits sensible corporate restructuring for insurers and reinsurers,” according to the American Insurance Association. …
As a young man, Barry Shrewsbury dug coal in the West Virginia mines and spent his time off hunting and fishing in the rolling hills. Now, at 62, he struggles to breathe and accomplish basic tasks such as shopping and …
Workers’ compensation total costs per claim in Louisiana were the highest in a recent study of 18 states conducted by Cambridge, Mass.-based Workers Compensation Research Institute (WCRI), the organization announced. The study, CompScope Benchmarks for Louisiana, 18th Edition, found the …
The New York Compensation Insurance Rating Board (NYCIRB), a non-governmental rate service organization, has proposed an 11.7% decrease in the overall loss cost level in New York State. The change was proposed in its 2018 loss cost filing with the …
California Insurance Commissioner Dave Jones on Tuesday adopted a revised workers’ compensation insurance advisory pure premium rate by lowering the benchmark to $1.74 per $100 of payroll for workers’ comp. The change is effective July 1, 2018. Jones has reduced …
The California Division of Workers’ Compensation has suspended three more medical providers from participating in the state’s workers’ comp system, bringing the total number of providers suspended to 245. The suspensions were made possible by the passage last year of …
The average total cost per workers’ compensation claim in Indiana was stable in the years since the state enacted workers’ comp system reforms, according to a recent Workers Compensation Research Institute study. The study, CompScope Benchmarks for Indiana, 18th Edition, …
A new law that enables corporate directors and officers owning at least 10 percent of a business to opt out of workers’ compensation coverage goes into effect on July 1. The law is intended to reduce the threshold of ownership, …
The average total cost per workers’ compensation claim in Illinois grew annually between 1 to 3 percent since 2012, according to a recent study by the Workers Compensation Research Institute. The growth was due to small to moderate changes in …
