The U.S. workers’ compensation insurance segment continued to face competitive pricing, further rate decreases, weak macroeconomic factors, growing medical costs and an uptick in claim frequency during 2010. As a result, premium volume declined and underwriting results deteriorated yet again, …
Illinois Governor Pat Quinn has appointed 29 arbitrators in Illinois’ workers’ compensation system. Arbitrators rule on claims filed under the state’s Workers Compensation Act. The appointments are part of a package of reforms to the workers’ compensation system that passed …
Oklahoma workplace deaths rose 11 percent last year, but the increase was likely caused by people returning to work following the steep economic downturn of the year before, a federal official said. There were 91 work-related deaths in Oklahoma in …
Florida employers could have to pay more in workers’ compensation premiums if regulators go along with a proposed statewide average 8.9 percent rate hike. The rate change may also trigger legislative action to clamp down on doctor-dispensed drugs and the …
More people are now eligible to claim exemptions from workers’ compensation in Tennessee as a result of a new law that took effect this month. The law expands eligibility for people who can apply for and be listed on the …
The New Jersey Compensation Rating & Inspection Bureau has filed a request with regulators to increase workers’ compensation rates by 6.9 percent effective 2012. “It will be reviewed by the Department of Banking and Insurance. A 6.9 percent increase is …
Texas Mutual Insurance Co. announced that three workers’ compensation safety groups have earned a combined $847,714 in dividends. The dividends were based largely on each group’s overall loss ratio. The largest dividend, $398,186, went to the Lone Star Auto Dealers …
California Gov. Brown on Friday vetoed three bills insurers said would have raised workers’ compensation costs. According to the American Insurance Association (AIA), the vetoed bills “would have unwound a key portion of California’s 2003-2004 workers’ compensation reforms.” AB 584 …
Judge Tom Stine has been sworn in to serve on the bench of the Nebraska Workers’ Compensation Court. Attorney General Jon Bruning opened and officiated the swearing-in ceremony, which took place in the Nebraska State Capitol’s Court of Appeals Courtroom. …
Oklahoma’s economy showed more signs of improvement in September, with increases across all major tax sectors compared to the same time last year, although the growth rate has slowed, State Treasurer Ken Miller said. Figures released by Miller’s office show …
