Workers' Compensation

Recent Posts

Zurich Adds Karen Rose to Underwriting Staff in Los Angeles Office
Posted on 12 May 2010 by LexisNexis Workers' Comp Law Newsroom Staff

LOS ANGELES, CA - Zurich announced that Karen Rose holds underwriting responsibilities for the company's newly formed Workers' Compensation team in its Los Angeles office. Source: Insurance Journal Read More

NJ: Tom Considine Sworn in as New Commissioner of Dept. of Banking and Insurance
Posted on 30 Mar 2010 by LexisNexis Workers' Comp Law Newsroom Staff

TRENTON, NJ - Tom Considine has been sworn in as the new Commissioner of the Department of Banking and Insurance. Read more at http://www.state.nj.us/dobi/pressreleases/pr100324.htm Source: New Jersey Dept. of Banking & Insurance Read More

UT: Neal T. Gooch Named Acting Insurance Commissioner
Posted on 30 Mar 2010 by LexisNexis Workers' Comp Law Newsroom Staff

SALT LAKE CITY, UT - Neal T. Gooch has been named Acting Insurance Commissioner of the Utah Insurance Department. Read more at http://www.insurance.utah.gov/aboutus/bio.html Source: Utah Insurance Department Read More

CO: Pinnacol Increases Its Buy Out Offer to $330 Million
Posted on 19 Mar 2010 by LexisNexis Workers' Comp Law Newsroom Staff

DENVER, CO - Pinnacol Assurance has increased its buy out offer by $130 million on Thursday, for a total of $330 million, this after a study indicated Pinnacol's worth was between $304 million and $376 million. Source: Denver Business Journal Read More

Louisiana Dept. of Insurance Announces Successful Legislative Session for Insurance Bills
Posted on 3 Jul 2009 by LexisNexis Workers' Comp Law Newsroom Staff

BATON ROUGE, LA - Commissioner of Insurance Jim Donelon announced a successful legislative session for insurance bills in the 2009 Regular Session of the Louisiana Legislature. The Department of Insurance (DOI) saw 20 out of 21 proposed insurance bills... Read More

NY: Insurance Dept. to Hold Hearing on Reform of Rate, Form, Regulatory Filings and Licensing Applications
Posted on 21 Jun 2010 by LexisNexis Workers' Comp Law Newsroom Staff

NEW YORK, NY - The New York State Insurance Department will hold a hearing on June 28 to hear from the public on how to enhance Department procedures. Comments are invited on the processing of rate and form filings, regulatory filings, and company and... Read More

2008 National Premium Rate Ranking Results Published by Oregon Agency
Posted on 31 Oct 2008 by LexisNexis Workers' Comp Law Newsroom Staff

The Oregon Department of Consumer & Business Services has released its 2008 Oregon Workers' Compensation Premium Rate Ranking Summary, a national survey of states with the highest and lowest premium rates. Oregon employers in the voluntary... Read More

U.S. Military Failed to Bill AIG and Other Insurance Carriers for Care of Injured Contractors
Posted on 8 May 2009 by LexisNexis Workers' Comp Law Newsroom Staff

WASHINGTON, D.C. - According to a new federal report, the Pentagon has failed to bill AIG and other major insurance carriers for millions of dollars in medical care provided to private contractors injured in Iraq and Afghanistan Source: Pro Publica... Read More

New York Insurance Superintendent Says Federal Charter Should Not Be Optional
Posted on 15 Jan 2009 by LexisNexis Workers' Comp Law Newsroom Staff

NEW YORK - New York Insurance Superintendent Eric Dinallo warned that the AIG bailout does not prove the need for a national regulator, but if Congress approves a federal charter, then it should not be optional. Source: National Underwriter P&C... Read More

Oregon’s Proposed 2010 Workers' Compensation Premium Assessment Rates
Posted on 12 Aug 2009 by LexisNexis Workers' Comp Law Newsroom Staff

SALEM, OR - The Director of the Dept. of Consumer and Business Services adopts by rule the workers' compensation premium assessment rate that is paid by all employers based on their workers' compensation premium and is collected by the insurer... Read More

Insurance Groups Ask for Delay in Medicare Secondary Payer Mandatory Reporting Requirements
Posted on 6 Feb 2010 by LexisNexis Workers' Comp Law Newsroom Staff

WASHINGTON, D.C. – Representatives of the property-casualty and self-insurance industries have sent a letter to the Department of Health and Human Services Secretary Kathleen Sebelius asking to delay its April 1, 2010 implementation of the Medicare... Read More

WV: Workers' Comp Coverage Problems Continue for Volunteer Firefighters
Posted on 20 Jul 2010 by LexisNexis Workers' Comp Law Newsroom Staff

CHARLESTON, WV - The Charleston Daily Mail reports that leaders of the West Virginia State Firemen's Association held a press conference yesterday, saying they are losing "broad form" liability coverage because of ambiguity in state law... Read More

Workers' Compensation Market Faces Numerous Threats on the Near Horizon
Posted on 21 Aug 2008 by LexisNexis Workers' Comp Law Newsroom Staff

NATIONAL - The National Underwriter reports that, while there are many encouraging trends for the workers' compensation insurance market, the poor economy, soft market, drug costs, and aging workforce could undermine efforts to keep injury frequency... Read More

State Fund of Ohio Withstands Market Tumble Thanks to New Restrictions on Its Investments
Posted on 10 Oct 2008 by LexisNexis Workers' Comp Law Newsroom Staff

OHIO - The once, scandal-plagued State Fund of Ohio, which finances the state workers' compensation system, withstood the Wall Street downturn better than most of the state's large public funds. The State Fund declined 1 percentage point in comparison... Read More

Study Says Workers' Comp State Funds Are Significant and Growing Competitive Force
Posted on 5 Oct 2009 by LexisNexis Workers' Comp Law Newsroom Staff

HARFORD, CT - Workers’ compensation state funds have achieved a significant share of the overall insured workers’ compensation market, with market share increasing in many of the states in which they write, according to a new study by Conning... Read More