May 6, 2011
Montana Gov. Brian Schweitzer has used his line item veto power to strike a a 2.75 percent workers’ compensation premium tax on insurance sold by the Montana State Fund to pay for continuing claims for workers injured before July 1990. …
May 5, 2011
Growing concerns over worldwide terrorism have caused some professionals to refuse going on business trips. Half of all respondents to a new survey reported they would refuse a business trip because of concerns related to terrorism (28 percent) and political …
May 5, 2011
Workers’ compensation continued to worsen in 2010 as the combined ratio jumped five points to 115 in 2010 from 2009. In its State of the Line workers compensation market analysis, NCCI Holdings Inc. described the workers’ compensation line of business …
May 5, 2011
On the last day of the Montana legislative session, lawmakers added a 2.75 percent premium tax on insurance sold by the Montana State Fund to pay for continuing claims for workers injured before July 1990. The new fee takes effect …
May 4, 2011
Montana Commissioner of Securities and Insurance Monica Lindeen has approved a 22.4 percent reduction in workers’ compensation insurance loss costs, which will translate to lower premiums for employers. The lower loss costs, which are the costs insurers pay for claims, …
May 3, 2011
California legislators are considering a bill aimed at reigning in the use of compound drugs in workers’ compensation claims. According to Assembly Bill 378, existing law provides that it is unlawful for a physician to refer a person for specified …
May 2, 2011
North Dakota’s per-capita rate of on-the-job deaths remains among the highest in the country, a new report shows. Officials cite the state’s rural nature as a big reason. The AFL-CIO report shows the state had 25 workplace fatalities in 2009, …
April 29, 2011
A CWCI Research Spotlight Report on the use of fentanyl – the most potent Schedule II opioid – in California workers’ comp finds that More than 1 out of every 5 injured workers in California who are prescribed Schedule II …
April 26, 2011
The National Federation of Independent Business (NFIB) has extended discounted workers’ compensation coverage benefits to its members in Indiana, North Carolina, Virginia and Missouri through EMPLOYERS. EMPLOYERS currently offers NFIB members discounted workers’ compensation coverage in 10 states with plans …