Workers’ compensation insurer, Missouri Employers Mutual has awarded the company’s fourth round of safety grants to Missouri businesses this month to help them take the next step toward improving workplace safety. To date, MEM has awarded a total of 86 …
The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services Inc. Arca Capital owns approximately 2.4 percent of outstanding shares of …
Workers’ compensation professionals have created Kids’ Chance of New Hampshire, a 501c3 organization that provides scholarships for the children of workers who are seriously injured or killed on the job. Sebastian Grasso, CEO of Windham Group, a workers’ compensation case …
National wholesale insurance brokerage and managing general agent Worldwide Facilities has created a new workers’ compensation division. Davis Moore, CEO of Worldwide Facilities, noted that while his firm has a diverse range of products, it did not have brokers specializing …
The Massachusetts Supreme Judicial Court (SJC) has ruled the state’s independent contractor statute does not determine whether a claimant is an employee eligible for workers’ compensation benefits in a case that has led to questions about worker misclassification. “Worker misclassification …
The top 10 workers’ compensation insurers capture 46 percent of the market across the country, according to the latest figures from the National Association of Insurance Commissioners (NAIC). The top three — Travelers, The Hartford and Zurich— write a little …
Security Code 3 Inc. owner Troy Carson, 55, of San Jose, was arrested by California Department of Insurance detectives for allegedly underreporting payroll by more than $12 million in an attempt to secure a lower workers’ compensation rate under false …
The U.S. workplace is getting safer but the cost of the most serious workplace injuries is rising, according to the findings of the most recent Liberty Mutual Workplace Safety Index. The number of the most serious workplace injuries and illnesses …
A recent report shows the number of paid workers’ compensation claims in Minnesota fell 54 percent relative to the number of full-time-equivalent (FTE) employees from 1996 to 2016. The 2016 Minnesota Workers’ Compensation System Report released by the state’s Department …
The bankruptcy and reorganization plan filed by insurance technology and outsourcing firm Patriot National has been approved and the transition of ownership of the Florida-based company can now move forward. According to a statement from Patriot National, the bankruptcy court …
