workers’ compensation News

Mass. Commissioner to Hold Hearing on 19.3% WC Rate Hike Request

Massachusetts insurance commissioner Joseph Murphy will hold a public hearing March 30 to examine a rate increase request from The Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB). The request, filed on March 1, calls for a 19.3 percent …

Texas Mutual Adds Jackson as Sr. Manager of Underwriting, Marketing

Workers’ compensation insurance provider Texas Mutual Insurance Co. has hired Bill Jackson as senior manager of underwriting and marketing in Dallas. Jackson will be responsible for managing marketing and underwriting policies and procedures in Texas Mutual’s Dallas regional office. In …

Lawyer Claims Highest Known Workers’ Comp Settlement in California History

Attorney Christopher Asvar believes he has secured the highest known workers’ compensation insurance settlement in California history, totaling $8.9 million on behalf of a Antonio Enriquez, who suffered a traumatic brain injury in 2004 at the age of 18 after …

K&B Introduces Workers’ Compensation Program

K&B Underwriters has launched a new workers’ compensation product in collaboration with SeaBright Insurance Co. The carrier will bring a claims handling and loss control program to K&B’s senior living risk management product under the DigniCARE Risk Solutions brand. “Our …

SUNZ Insurance Expands Into Oklahoma

Florida-based SUNZ Insurance announced it has received its certificate of authority to begin offering workers’ compensation coverage in Oklahoma. SUNZ, which specializes in underwriting workers’ compensation policies for PEOs and staffing companies, said expects the expansion into Oklahoma to attract …

N.Y. Workers’ Comp Board Moving to Electronic Claims Reporting

The New York State Workers’ Compensation Board is transitioning from a paper to an electronic employer report of injury system. The board will adopt the IAIABC (International Association of Industrial Accident Boards and Commissions) Claims Electronic Data Interchange (EDI) Standard …

Woods Appointed Chief Medical Officer at Ohio Work Comp Bureau

Dr. Stephen T. Woods, M.D. has been named medical director at the Ohio Bureau of Workers’ Compensation (BWC). Woods will be responsible for providing direction in the development of medical policy and oversight for all medical components of BWC. Woods …

CFC Introduces Tailored Policy for PEOs

CFC Underwriting, a Lloyd’s MGA, has launched a tailored policy for professional employment organizations (PEOs) that includes professional and general liability. “PEOs rely heavily on London for their EPL cover,” said Tom Chaplin, recruitment underwriter at CFC. “However, until now …

Workers’ Comp Surcharge Cost Burden to N.Y. Employers: Study

The assessment surcharge added to workers’ compensation costs for New York employers is increasingly becoming a burden for businesses, according to a new study. In New York State, the assessment surcharge is currently 20.2 percent — which is more than …

Nevada Workers’ Comp Loss Costs to See 1% Increase

Many Nevada employers will see a small increase in the premiums they pay for workers’ compensation insurance in 2012. Nevada Insurance Commissioner Scott J. Kipper has approved a filing from the National Council on Compensation Insurance (NCCI) for an average …