September 4, 2012
California’s State Compensation Insurance Fund has changed its broker distribution model, requiring most of the roughly 5,000 brokers and agents the entity deals with to go through one of two wholesalers. The change, which is effective Jan. 1, 2013, establishes …
September 1, 2012
The state Legislature approved a reform bill for California’s $17-billion workers’ compensation insurance system, one that promises to hike benefits for injured workers and cut costs for employers, the L.A. Times is reporting. SB863 will increase benefits for injured workers …
August 31, 2012
The state Assembly approved a series of changes to California’s workers’ compensation system Friday, voting on a 170-page bill that arose in the final days of the legislative session. The changes were sought by some business groups concerned about escalating …
August 31, 2012
As Legislators rushed to amend and pass a bill that would reform California’s workers’ compensation system before the Friday’s midnight deadline, several late amendments were made that may give the bill a fighting chance. And Gov. Jerry Brown personally urged …
August 31, 2012
Massachusetts Division of Insurance announced Thursday that it has rejected a request to raise the state’s workers’ compensation rates by 18.8 percent.Massachusetts regulators’ decision to strike down the request and keep the rates unchanged came after a five-month public comment …
August 31, 2012
Family members of four people killed in a grain elevator explosion last year in northeast Kansas are suing employees of Bartlett Grain Co., including its current president Bob Knief, less than five months after federal investigators pinned the blame for …
August 29, 2012
Confidence in the state government to reform California’s unwieldy workers’ compensation system is falling as Legislators struggle to get buy-in on a bill to increase benefits for injured workers and address escalating costs. A recent poll shows nearly six in …
August 29, 2012
Kentucky regulators said an annual filing most carriers will use to develop rates for workers’ comp coverage shows the seventh consecutive overall decrease in loss costs.The 2012 filing, approved by Kentucky’s insurance department and effective Oct. 1, is by the …
August 28, 2012
The numbers continue to change and time is running out on a workers’ compensation reform bill that has California legislators scrambling to come up with a compromise that promises to both increase permanent disability benefits for injured workers and find …
August 28, 2012
Michigan’s regulators say the state’s workers’ compensation premium rates are dropping for the second year in a row. Michigan Department of Licensing & Regulatory Affairs (LARA) Director Steven H. Hilfinger announced that the pure premium advisory rates for workers’ compensation …