workers’ compensation News

Simpson Named VP of Underwriting, Marketing for CompWest in California

CompWest Insurance Co., a subsidiary of Accident Fund Holdings Inc., named Gene J. Simpson vice president of underwriting and marketing. Simpson recently joined CompWest’s senior management team and is responsible for underwriting and marketing practices. Simpson coordinates the development and …

Connecticut Bill Applies Worker’s Comp to Mental Trauma

Lawmakers pressed ahead Thursday, Feb. 28, with legislation requiring Connecticut’s worker’s compensation system to cover treatment costs for mental illnesses stemming from future workplace trauma, and planned to create a special fund to help compensate first responders, teachers and others …

California Bill Battles Workers’ Comp Claims from Athletes

A California legislator has introduced a bill that would address a “loophole” in which pro athletes, mostly National Football League players, are getting workers’ compensation benefits despite having played on teams in other states. The bill by Assemblyman Henry Perea, …

GOP-Backed Workers’ Comp Plan Clears Oklahoma Senate

A Republican-backed plan to overhaul Oklahoma’s workers’ compensation system has been approved by the state Senate, despite concerns that the cost savings in the bill come at the expense of those injured on the job. The Senate voted 34-12 for …

Northern California Business Owner Sentenced For Premium Fraud

A Northern California business owner has been sentenced for workers’ compensation insurance premium fraud and pay over $2 million in restitution to insurers, the California Department of Insurance announced on Wednesday. Teresa Reif, 34, of Redwood City, Calif., who originally …

Louisiana Workers’ Comp Corp. Policyholder Dividend Largest-Ever

Louisiana Workers’ Compensation Corp. (LWCC) has declared a 2012 dividend of $48.7 million, the company’s largest dividend ever. It will be paid to qualifying policyholders in March and April, bringing LWCC’s cumulative total dividend paid to policyholders over the past …

Oregon Report: Workers’ Comp Increases Coming

More data is power, but then again knowledge goes only so far – especially in workers’ compensation. A report out on Tuesday shows continued workers’ comp rate decreases on average countrywide through 2011, but don’t expect that to continue, one …

Illinois Firms Must Verify License, Insurance Status of Temp Agencies

The state of Illinois is reminding businesses using temporary workers that it is their responsibility to check whether those temp agencies are licensed and insured. The Illinois Department of Labor says businesses and third-party clients that fail to do so …

Report: Athletes Cash In On California Workers’ Comp

California’s workers’ compensation system has awarded millions of dollars in benefits for job-related injuries to thousands of professional athletes, including many who played for out-of-state teams, according to a report. Sports leagues and their insurers are working to stop the …

Bill Deadline in California Legislature Promises a Few Insurance Issues

It’s human nature to wait until the last minute to take care of business, and California legislators are a great example of that. The deadline to introduce bills in the Assembly and Senate is just over a day away: Feb. …