workers’ compensation News

Michigan Pair Plead Guilty to Embezzling from Workers’ Comp TPA

Michigan’s attorney general announced that the former CEO and a bookkeeper of a non-profit workers’ compensation insurance-related organization have pleaded guilty to embezzling millions. Michigan Attorney General Bill Schuette said Jerry Stage, 67, of New Hudson, and George Bauer, 55, …

Actor Jim Carrey’s Biz Has WC Coverage, NYS Workers’ Comp Board Says

Actor Jim Carrey was reportedly accused of failing to buy workers’ compensation insurance for his New York-based art studio business — but it appears it is just a case of a clerical error.Hollywood news site TMZ.com reported this week that …

Wisconsin Bus Driver Who Chased Passenger Gets Workers’ Comp

A Wisconsin appeals court says a Milwaukee bus driver who chased down a passenger who used a racial slur and spat on him is entitled to workers’ compensation. Bus driver Isaac Bracey hurt himself soon after getting off his bus …

Report: California Workers’ Comp Insurers Return on Worth Up

California workers’ compensation insurers’ average return on net worth increased for the second year in a row in 2011, according to the latest National Association of Insurance Commissioners report on insurer profitability. The report shows California insurers’ 2011 return improved …

Workers’ Comp Panel Approves $1 Billion Rebate to Ohio Employers

Directors of Ohio’s insurance fund for injured workers have unanimously approved Gov. John Kasich’s (KAY’-sihks) proposal to send $1 billion in cash rebates to businesses, local governments and schools. About 210,000 businesses and public employers would see one-time rebates in …

N.Y. Compensation Insurance Rating Board Seeks 16.9% Hike in WC Loss Costs

The New York Compensation Insurance Rating Board (NYCIRB) said it submitted to the state’s Department of Financial Services last week a loss-cost filing for an overall average loss cost change of +16.9 percent. A hearing is likely to be scheduled …

Ohio Firm Launches Program Aimed at Opioid Abuse in Workers’ Comp

Lewis Center, Ohio-based Modern Medical announced the nationwide roll out of a program designed stop the rise of opioid abuse in the workers’ compensation industry. Opioid Defense Manager (ODM) was launched in November 2012 in a test phase, the company …

Schinnerer Introduces Stand-Alone Workers’ Comp

Underwriting manager Victor O. Schinnerer & Co. has introduced a new stand-alone workers’ compensation program. Schinnerer will serve as a program access point for retail agents and brokers. The stand-alone coverage, offered through an A-rated insurance carrier, is available for …

Ex-Alaska Worker Charged With Workers’ Comp Fraud

A former Alaska state employee and his supposed masseuse are accused of worker’s compensation fraud. Scott A. Groom and Laurayne K. Fischer are charged with 93 counts including perjury, theft and falsification of business records. The two are currently living …

R.I. Nightclub Owners Say They Didn’t Know Part-Timers Needed WC Coverage

The owners of the Station nightclub say they didn’t know they needed to buy workers’ compensation insurance for the club’s part-time employees. Michael and Jeffrey Derderian are asking Rhode Island’s state Supreme Court to review a more than $1 million …