New York-based safety technology firm Kinetic has formed an underwriting partnership with Nationwide’s E&S/Specialty division. Acting as program manager, Kinetic Insurance is offering workers’ compensation coverage combined with workplace safety technology. The Kinetic workers’ compensation offering equips policyholders with wearable …
The Missouri Department of Commerce and Insurance is recommending a 7.7 percent decrease in workers’ compensation insurance loss costs for 2022. This marks the largest overall decrease since 2009. “Recommended loss costs are decreasing significantly for 2022, due to the …
Pinnacol Assurance in Colorado announced it will lower rates for the carrier’s 53,000-plus policyholders in Colorado by an average of 11% in 2022. The decrease will become effective Jan. 1, 2022. Pinnacol has decreased rates for seven consecutive years for …
The owner of a now-defunct Peabody, Massachusetts, construction company pleaded guilty in connection with a scheme to defraud the IRS of payroll taxes and to defraud his workers’ compensation insurance carrier by failing to disclose how many workers he employed. …
A Connecticut woman has been charged with larceny after police say she stole nearly $600,000 from her husband and convinced him he had Alzheimer’s disease in an attempt to hide her actions. Police said the 63-year-old woman forged documents over …
The U.S. Department of Labor’s Occupational Safety and Health Administration is publishing an advance notice of proposed rulemaking for heat injury and illness prevention. Currently, OSHA does not have a specific standard for hazardous heat conditions and this action begins …
About 10% of people who contracted COVID-19 continue to suffer persistent symptoms months later, creating the potential for millions of people to suffer functional impairment for extended lengths of time, according to a report released by the National Council on …
Unlicensed insurance agent Karyl Lynn Reed, 57, formerly of Cosa Mesa, Calif., was arraigned this week on multiple felony counts of grand theft, forgery, embezzlement, and aggravated white-collar crime after allegedly defrauding three victims of over $1.4 million. Reed was …
A recently published study from the Workers Compensation Research Institute found that the average medical payment for Indiana workers’ compensation claims with more than seven days of lost time was higher than the typical state. The study, CompScope™ Medical Benchmarks …
Driving a truck too fast and injuring a fellow officer during a firearms training is not within the scope of employment duties for a Massachusetts police officer, the Massachusetts Supreme Judicial Court found. This means his insurer is on the …
