workers’ compensation News

Pie Insurance Expands Workers’ Comp Coverage Into Alaska

Pie Insurance, an insurtech offering workers’ compensation insurance to small businesses, has expanded its workers’ compensation insurance offering to Alaska. The addition increases Pie’s coverage area to 34 states and the District of Columbia. Pie works directly with small business …

Pie Insurance Expands Workers’ Comp Coverage to Small Businesses in Missouri

Pie Insurance, an insurtech offering workers’ compensation insurance to small businesses, has expanded its workers’ compensation insurance offering to Missouri. The addition increases Pie’s coverage area to 34 states and the District of Columbia. Pie works directly with small business …

Iowa Court Slashes Insurer’s Payment to Paralyzed Worker

The Iowa Supreme Court has dramatically reduced the compensation a paralyzed northeast Iowa man received from a jury in a lawsuit against an insurance company even while finding the company’s actions were “reprehensible.” Despite criticizing the treatment by Louisiana-based workers’ …

Traynor to Join Board at Louisiana’s AMERISAFE

Deridder, La.–based workers’ compensation insurer, AMERISAFE Inc., has elected Sean Traynor to its board of directors, effective March 1. Traynor is a general partner in the Healthcare Group of Welsh, Carson, Anderson & Stowe, which he joined in 1999. Traynor …

Insurance Coverage for Losses Stemming from the Coronavirus

The coronavirus has not only sickened tens of thousands of people, killed several hundred, and disrupted life for millions, but has also sharply impacted the second-largest economy in the world. Many Chinese companies have suspended operations, and international companies like …

Vermont Governor Announces Decreases in Workers’ Comp Rates

Vermont Governor Phil Scott announced that rates for workers’ compensation premiums will drop by about 11% when new rates take effect in April. Scott’s administration said the reductions are part of a trend in workers’ compensation rates, which have decreased …

Delaware Companies Save More Than $4M from Reduced Workers’ Comp Rates

The Delaware Department of Insurance has analyzed new filings from the state’s top writers of workers’ compensation insurance after announcing the third consecutive year of decreased rates in November. The top writers represent nearly 10,000 companies that hold policies within …

Washington Roofer Ordered to Repay $25K in Workers’ Comp Scam

A Washington man caught doing a roofing job while claiming he was too disabled to work must repay the state more than $25,000. José Guadalupe Sanchez, 50, pleaded guilty in Pierce County Superior Court to third-degree theft. Judge James R. …

Berkley CEO Warns Against Overreaction to Workers’ Comp Rate Declines

While the market is hardening and rates are increasing for nearly every commercial insurance line, workers’ compensation remains stubbornly soft. That reality is something that W.R. Berkley’s CEO flagged recently as a cause for concern. “The reality is that workers’ …

2 Arrested in $20M Workers’ Comp Fraud And Kickback Scheme

A pair of California men have been charged with multiple felonies in a reported $20 million kickback scheme involving worker’s compensation. Bradley Dean Groscost, 59, of Westminster, and Felix Koltsov, 57, of Beverly Hills, self-surrendered last week to the Orange …