December 12, 2012
When a Southern California family was convicted of workers’ compensation insurance premium fraud, it wasn’t due to sophisticated software, a supercomputer or even high-tech surveillance techniques. It was the result of good old-fashioned detective work, according to Maryann Lazernik, who …
December 11, 2012
The average cost of a workers’ compensation claim in Indiana grew rapidly in recent years, mainly driven by the high price of medical care, according to a new study, Benchmarks for Indiana, CompScope 13th Edition, by the Workers Compensation Research …
December 10, 2012
The Connecticut Insurance Department recently approved National Council on Compensation Insurance’s workers’ compensation insurance filing for a change in voluntary market advisory loss costs and a change in assigned risk rates for workers’ compensation insurance. The changes will take effect …
December 10, 2012
Detroit officials say they’re making plans to lay off 400 to 500 city employees in the new year, roughly 5 percent of the workforce. The disclosure was made Dec. 7 as Mayor Dave Bing said he has enough votes in …
December 7, 2012
Workers’ compensation insurer Patriot National Insurance Group announced that its subsidiary, Guarantee Insurance Co., will begin writing workers’ compensation insurance in Michigan. The addition of Michigan increases Guarantee’s presence in the Midwestern states and further supports the company’s nationwide expansion …
December 6, 2012
California regulators have issued assessment rates that employers will pay in 2013 for the Workers’ Compensation Administration Revolving Fund. The fund covers the Division of Workers’ Compensation budget, the Uninsured Employers Benefits Trust Fund, the Subsequent Injuries Benefits Trust Fund, …
December 6, 2012
Effective Jan. 1, 2013, Texas employers who do not carry workers’ compensation insurance coverage have new requirements for reporting their non-coverage status to the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC), the state agency responsible for regulating workers’ …
December 6, 2012
Standard & Poor’s Rating Services has affirmed its ‘BBB-‘ counterparty credit and senior debt ratings on Liberty Mutual Group Inc. as well as its ‘A-‘ counterparty credit and financial strength ratings on Liberty’s operating companies. At the same time, S&P …
December 4, 2012
A monthly economic index report suggests an economic slump will continue over the next three to six months for nine Midwest and Plains states. The Mid-America Business Conditions index rose slightly in November to a weak 48.0 from 46.5 in …
December 3, 2012
Editor’s Note: This is the third in a series of articles to look at California’s workers’ compensation reform law in detail and what must be done to implement that law by Jan. 1, 2013. Looking forward employers seem to have …