Workers' Compensation

Recent Posts

Federal Judge Approves $450M AIG Workers’ Comp Class Action Settlement
Posted on 13 Mar 2012 by LexisNexis Workers' Comp Law Newsroom Staff

Liberty Mutual plans to appeal the judge's order. The dispute centers on allegations that AIG intentionally underestimated its workers' comp premiums to avoid premium taxes and substantial residual market charges before 1996. Read more at InsuranceNewsNet... Read More

AIG Reaches $146.5M Settlement With States' Complaint for Misreporting Workers' Compensation Premiums
Posted on 5 Jun 2012 by LexisNexis Workers' Comp Law Newsroom Staff

Florida Insurance Commissioner Kevin McCarty announced today that a settlement has been reached between American International Group, Inc. (AIG) and its affiliates with all 50 states and the District of Columbia, as a result of AIG misreporting $2.12... Read More

National and State-by-State Workers' Comp News Roundup Powered by Larson's (9/23/2012)
Posted on 23 Sep 2012 by LexisNexis Workers' Comp Law Newsroom Staff

Sign up here for our free workers' compensation enewsletters (National or California Edition) to receive weekly news items. Be sure to select the enewsletter of your choice. NATIONAL NEWS: House E&C Committee Gives SMART Act Unanimous Support... Read More

Workers' Comp Fraud Blotter (5/31/2012) – AIG Fined; Largest Fine in Pennsylvania Insurance Department’s History Levied
Posted on 1 Jun 2012 by LexisNexis Workers' Comp Newsroom Fraud Team

Each week we'll be surveying what the media, state agencies, insurance companies, and others report in terms of workers' comp fraud. Just like a police blotter, our workers' comp fraud blotter lists recent arrests, charges, convictions and... Read More

Workers' Comp Fraud Blotter (5/31/2012) – AIG Fined; Largest Fine in Pennsylvania Insurance Department’s History Levied
Posted on 1 Jun 2012 by LexisNexis Workers' Comp Newsroom Fraud Team

Each week we'll be surveying what the media, state agencies, insurance companies, and others report in terms of workers' comp fraud. Just like a police blotter, our workers' comp fraud blotter lists recent arrests, charges, convictions and... Read More

AIG Reaches $146.5M Settlement With States' Complaint for Misreporting Workers' Compensation Premiums
Posted on 5 Jun 2012 by LexisNexis Workers' Comp Law Newsroom Staff

Florida Insurance Commissioner Kevin McCarty announced today that a settlement has been reached between American International Group, Inc. (AIG) and its affiliates with all 50 states and the District of Columbia, as a result of AIG misreporting $2.12... Read More

National and State-by-State Workers' Comp News Roundup Powered by Larson's (4/8/2013)
Posted on 8 Apr 2013 by LexisNexis Workers' Comp Law Newsroom Staff

Sign up here for our free workers' compensation enewsletters (National or California Edition) to receive weekly news items. Be sure to select the enewsletter of your choice. NATIONAL NEWS: Judges Rule AIG/Liberty Mutual Settlement Won’t... Read More

National and State-by-State Workers' Comp News Roundup Powered by Larson's (4/1/2013)
Posted on 1 Apr 2013 by LexisNexis Workers' Comp Law Newsroom Staff

Sign up here for our free workers' compensation enewsletters (National or California Edition) to receive weekly news items. Be sure to select the enewsletter of your choice. NATIONAL NEWS: 7th Circuit Rejects Liberty Mutual’s Challenge... Read More

Liberty Mutual Plans to Appeal $450M AIG Workers’ Comp Settlement
Posted on 4 Aug 2011 by LexisNexis Workers' Comp Law Newsroom Staff

Liberty Mutual has indicated its dissatisfaction with the preliminary approval by the United States District Court for the Northern District of Illinois of a settlement of claims that AIG under-reported the workers' compensation premiums it collected... Read More

IL: Judge Allows AIG to Pursue Racketeering Claims Against Rival Workers' Comp Insurers
Posted on 2 Jul 2010 by Robin E. Kobayashi

CHICAGO, IL - U.S. District Court Judge Robert Gettleman has ruled that American International Group Inc. may pursue racketeering and other claims against rival insurers, including Hartford Financial Servics Group Inc., Liberty Mutual Group, and Travelers... Read More

AIG to Pay $146M in Workers’ Comp Settlement for Alleged Underreporting of Premiums
Posted on 26 Dec 2010 by LexisNexis Workers' Comp Law Newsroom Staff

American International Group will pay a settlement of $146,500,000 to state governments as a result of a multi-state investigation that determined that AIG under-reported workers' compensation premiums, thus lowering premium taxes and premium-based... Read More

Liberty Mutual’s Appeal of AIG’s $450M Workers’ Comp Settlement Is Denied By Seventh Circuit
Posted on 29 Aug 2011 by LexisNexis Workers' Comp Law Newsroom Staff

The United States Court of Appeals for the Seventh Circuit has rejected Liberty Mutual's discretionary appeal of the certification of the class in the settlement of claims by a group of insurers against AIG regarding AIG's under-reporting of workers'... Read More

IL: AIG Ordered to Turn Over Records in Alleged Workers' Comp Fraud Suit
Posted on 8 Jun 2010 by LexisNexis Workers' Comp Law Newsroom Staff

CHICAGO, IL - Bloomberg BusinessWeek reports that a U.S. District Court, Northern District of Illinois judge has ordered AIG to turn over non-confidential documents by September 1 to competitors who have filed a lawsuit, alleging AIG underpaid industry... Read More

AIG Says Court Has Given Preliminary Approval of Workers' Compensation Settlement
Posted on 27 Jul 2011 by LexisNexis Workers' Comp Law Newsroom Staff

American International Group Inc. has announced that the United States District Court for the Northern District of Illinois has given preliminary approval to a deal settling claims that AIG under-reported the workers' compensation premiums it collected... Read More

AIG Reports $1.5B Net Income for 1Q 2010
Posted on 7 May 2010 by LexisNexis Workers' Comp Law Newsroom Staff

NEW YORK, NY - American International Group, Inc. (AIG) today reported net income attributable to AIG of $1.5 billion for the first quarter of 2010, or $2.16 per diluted common share, compared to a net loss of $4.4 billion or $(39.67) per diluted common... Read More