Two members have been added to the board of Minnesota’s FAIR plan and one new member has been added to the state’s workers’ comp insurance association. The FAIR Plan is Minnesota’s statutorily created limited property insurer for those properties not …
The workers’ compensation interest and discount rate in Texas for the first quarter of 2012 has been set at 3.61 percent. The rate will be effective beginning Jan. 1, 2012, through Mar. 31, 2012, the Texas Department of Insurance Division …
A federal judge has approved American International Group Inc.’s $450 million settlement with rival insurers to end litigation accusing AIG of underreporting premiums on workers’ compensation policies. AIG will make the payment after rivals accused it of understating its market …
Jamal Lewis, Dorsey Levens and two other former National Football League players have sued the league over brain injuries that they say left them struggling with medical problems years after their playing days ended. Lewis and Levens, along with Fulton …
Kansas’ top insurance regulator has refused a proposed workers’ compensation rate increase and actually got the rate to drop slightly, the state insurance department announced. Insurance Commissioner Sandy Praeger rebuffed a recommendation for a workers’ comp rate increase from the …
Workers’ compensation costs per claim for Louisiana grew at a double-digit rate in recent years, the fastest growth among all states in a new study by Cambridge, Mass.-based Workers Compensation Research Institute (WCRI). The 16-state study, “CompScope Benchmarks for Louisiana, …
The average cost of a workers’ compensation claim in Texas grew 5 percent in 2009, reflecting the impact of recent medical fee schedule increases and possibly some effect of the recession, according to a new study by the Workers Compensation …
Michigan employers are likely to save money on unemployment insurance and workers’ compensation under changes signed into law on Dec. 19 by Gov. Rick Snyder. Critics, though, said the moves could make it more difficult for injured and jobless workers …
In his first year as insurance commissioner of Oklahoma, John Doak has been a busy man. Doak and the agency he leads have had their hands full implementing reforms in the workers’ compensation system, dealing with a host of natural …
Republicans in firm control of the state Legislature say they’re setting the stage for an economic turnaround in Michigan after passing sweeping tax and policy changes over the past year. Business tax cuts that will save employers roughly $1 billion …
