All the headlines from our Workers' Compensation Topic Page, ordered by recency.
Oct 13 2021 // The National Council on Compensation Insurance recently submitted its annual rate recommendation.NCCI’s recommendation is based on claims volume, claims utilization, workforce, and wages, as well as any changes in...
Oct 11 2021 // While some property and casualty insurers have pulled out of the troubled Florida market, Associated Insurance Administrators sees strong potential in the workers’ compensation and commercial specialty sectors.AIA, a...
Oct 6 2021 // Omaha-based Insurate, a data science-based provider of workers’ compensation, announced a $4.5 million seed round led by HSCM Ventures, the venture capital arm of Hudson Structured Capital Management Ltd.Joining the...
Oct 4 2021 // Workers’ compensation insurers continue to stow away more money than necessary in reserves, even as reported loss ratios continue to climb, according to a report released by the National Council on Compensation...
Oct 4 2021 // Whenever a legal dispute arises as to insurance coverage, the court will evaluate policy language to determine if a specific cause of loss constitutes a covered event under the terms of that policy.When workers’...
Oct 4 2021 // A comparison of workers’ compensation direct premium written indicated an overall decrease of approximately 0.3% for the first six months of 2021 compared to the first six months of 2020. Fifteen of the Top 25...
Oct 1 2021 // The U.S. Occupational Safety and Health Administration has fined a Tampa battery recycling center and smelter almost $320,000 for exposing workers to unsafe levels of lead, cadmium and arsenic, despite being warned about...
Sep 30 2021 // If doctors offer differing opinions on a work injury, a judge must appoint a third physician to help settle the matter, according to Florida’s workers’ compensation rules. And an administrative law judge must...
Sep 30 2021 // Connecticut Insurance Commissioner Andrew N. Mais issued a department notice on September 24 announcing a 30 day period of public comment on the National Council on Compensation Insurance’s (NCCI) voluntary loss cost...
Sep 30 2021 // Workers’ compensation underwriters have been consistently generating better underwriting profits than other property/casualty lines of business, and did so again in 2020 amid the pandemic.According to an AM Best...
Sep 29 2021 // Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the expansion of its Workers’ Compensation Program into five new southeastern states: Tennessee, Georgia, North and South Carolina and Alabama, with...
Sep 29 2021 // Workers’ compensation pays more than group health to treat comparable injuries, according to a research brief issued by the National Council on Compensation Insurance.Although the workers’ compensation benefit...
Sep 28 2021 // Written premium for 2020 was $1.9 billion, or 12%, below that for 2019 and was the lowest since 2012, according to a new report out from the Workers’ Compensation Insurance Rating Bureau.Written premium for the first...
Sep 28 2021 // Technology-enabled workers’ compensation and payroll services provider Omaha National Group, Inc. announced a $45 million Series B round led by Accomplice. The company said it plans to use the funds to support its...
Sep 27 2021 // A Wallingford, Connecticut, woman was arrested and charged with illegally collecting workers’ compensation benefits while being employed as a teacher for the City of Bristol Board of Education.Ann Marie Barros was...
Sep 27 2021 // This post is part of a series sponsored by The Hanover Insurance Group.Workers’ compensation claims can significantly impact a business’s productivity and bottom line. Out-of-work employees cause company...
Sep 23 2021 // Biggs Joins Oklahoma Workers’ Comp CommissionThe Oklahoma Workers’ Compensation Commission (WCC) added Scott Biggs as its newest commissioner. The WCC and its three commissioners are tasked with carrying out...
Sep 23 2021 // A Seattle, Wash. woman accused of forging signatures and stealing money by billing the state for appointments, some related to workers’ compensation services, that never happened pleaded guilty Wednesday.Carla C....
Sep 22 2021 // The Oklahoma Insurance Department approved a 9.4% decrease in workers’ compensation insurance loss costs for 2022, a reduction that will lead to lower premiums for many Oklahoma businesses, the department said.Loss...
Sep 21 2021 // The Washington Department of Labor & Industries is proposing an increase in the average price employers and workers pay for workers’ compensation insurance next year.If the proposal is adopted, it would be the...