March 8, 2012
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 …
March 8, 2012
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 …
March 7, 2012
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 …
March 7, 2012
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 …
March 7, 2012
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 …
March 5, 2012
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 …
March 5, 2012
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 …
March 2, 2012
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 …
March 1, 2012
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 …
March 1, 2012
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 …