The Workers’ Compensation Insurance Rating Bureau on Tuesday submitted a July 1 Pure Premium Rate Filing to the California Department of Insurance proposing advisory pure premium rates that average $2.02 per $100 of payroll. The move follows a vote by …
The owners of a cleaning company serving luxury hotels in Southern California and Nevada have pleaded guilty in connection with a nearly $7 million insurance and tax scam. The San Diego Union-Tribune reported Hyok “Steven” Kwon and his wife, Woo …
Hanover Stone Partners, a risk management services firm, has established a dedicated, national practice group to help employers manage workers’ compensation costs. Barry E. Thompson, who has more than 30 years of experience in all areas of workers’ compensation cost …
The insurer and public members of the Workers’ Compensation Rating Bureau Governing Committee have voted to authorize the Governing Committee to submit a lower mid-year pure premium rate filing to the California Department of Insurance. The filing will propose a …
The number of paid workers’ compensation claims fell 53 percent relative to the number of full-time-equivalent (FTE) employees from 1997 to 2015, according to the Department of Labor and Industry’s 2015 Minnesota Workers’ Compensation System Report. The DLI said the …
An explosion launched a van-sized boiler through the roof a St. Louis box company and slammed much of it down onto a laundry business across the street on April 3, killing three people and injuring four others, authorities said. One …
The California State Compensation Insurance Fund’s 2016 annual report shows a net income of $192 million in 2016. Other important highlights from the newly released report include: 128,000 policies written in 2016. Earned net premiums of $1.5 billion. Policyholders’ surplus …
Alaska Gov. Bill Walker is sponsoring workers’ compensation legislation aimed at making it easier to determine whether someone is an employee or an independent contractor. Walker’s bill creates a new definition for independent contractors to determine if employers have to …
Vermont businesses should see a $28 million reduction in expenses this year from lower workers’ compensation and unemployment insurance costs. Democratic House Speaker Mitzi Johnson tells the Rutland Herald the state Department of Labor projected there will be a $76 …
The U.S. Bureau of Labor Statistics (BLS) reported in March that fatal work injuries totaled 97 in New Jersey for the year 2015, a 10 percent increase from the previous year, according to Chief Regional Economist Martin Kohli in the …
