workers’ compensation News

Mont. Governor Vetoes Workers’ Comp Tax

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. …

Terrorism Risks Lead Professionals to Refuse Business Trips

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 …

Report: Workers’ Comp Line Deteriorates Further in 2010

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 …

Montana Lawmakers Add Tax to Workers’ Comp Bill

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 …

Montana Reducing Workers’ Comp Costs 22.4%

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, …

Calif. Attempts to Rein in Workers’ Comp Compound Drug Costs

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 …

Majestic Capital Commences Chapter 11 Bankruptcy Proceedings

Rate of Workplace Deaths in North Dakota Remains High

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, …

Fentanyl Often Prescribed in Calif. Workers’ Comp

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 …

NFIB, EMPLOYERS Expand Work Comp Program to Additional States

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 …