February 8, 2012
American Specialty Insurance & Risk Services has launched a workers’ compensation program that provides guaranteed cost coverage for the sports and entertainment industries. The company will target classes including motorsports, zoos and aquariums, venues, amateur sports, pari-mutuel racing, and casinos. …
February 7, 2012
A new California labor law designed to punish employers for misclassifying workers has broad legal language that can possibly impact insurance agents and brokers who knowingly advise clients on employee classifications to the tune of thousands of dollars per misclassified …
February 6, 2012
The former chief of the California Occupational Safety and Health Division defended its Injury’s Illness Prevention Program following a study by think tank RAND Corp. showing the occupational safety program that requires California businesses to eliminate workplace hazards only works …
February 6, 2012
Accident Fund Holdings has created a comprehensive narcotics program to help reduce the health risk of drugs on injured workers and provide a mechanism for them to get back to work sooner. The primary components of the program include early …
February 6, 2012
Under legislation by state Rep. Pat Ownbey, physicians could not prescribe a controlled substance without first using the Oklahoma Bureau of Narcotics Prescription Monitoring Program to see what has already been prescribed to their patient by other doctors. House Bill …
February 3, 2012
The Pennsylvania Insurance Department has approved a 5.7 percent decrease in overall workers’ compensation costs that will result in $160 million in savings for Pennsylvania employers. Regulators said employers can expect a 5.7 percent rate decrease, on average, in 2012. …
February 2, 2012
A proposal to privatize the only state-chartered workers’ compensation company is getting a cool reception from a special panel reviewing the plan. A straw poll of the task force on Tuesday showed more than half to be opposed or neutral. …
February 1, 2012
Reno, Nev.-based AMERCO (Nasdaq: UHAL) announced on Wednesday that following an internal review of its property and casualty subsidiary’s excess workers’ compensation business, Repwest will take a third quarter fiscal 2012 charge to strengthen its loss reserves. The additional reserves …
February 1, 2012
In a decision that workers’ compensation experts say is good for Texas employees and employers alike, the Supreme Court of Texas issued a unanimous opinion on January 27, 2012, that bars negligence claims against policyholders. The Port Elevator-Brownsville v. Casados …
February 1, 2012
Taxation, workers’ compensation insurance and health care coverage top the State Chamber of Oklahoma’s agenda for the 2012 legislative session that kicks off on Feb. 6. The State Chamber’s business agenda for the Oklahoma Legislature was released on Jan. 30. …