Workers' Compensation News
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NCCI Recommends 14.8% Rate Decrease
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09/04/2015
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State: OK | Segment: SOUTH | 0 | Popular with Legal
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The National Council on Compensation Insurance has filed for a 14.8% rate decrease in Oklahoma, which would mark the third straight decrease since the state Legislature enacted reforms in 2013, the Insurance Department announced.
Insurance Commissioner John D. Doak said the decrease marks...Read More
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NCCI Recommends 6.2% Rate Reduction
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09/04/2015
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State: NM | Segment: WEST | 0 | Popular with Legal
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The National Council on Compensation Insurance is recommending an average 6.2% reduction of premium rates in New Mexico for 2016, according to a report by the Albuquerque Journal.
The Journal reports than an NCCI "study" reports losses for claims costing more than $500,000 dropp...Read More
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Numerous Hazards Lead to $67K in Proposed Fines
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09/04/2015
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State: TX | Segment: SOUTH | 0 | Popular with Insurance
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Debris hazards, a lack of fall protection and machinery guards were among safety violations that prompted the U.S. Occupational Safety and Health Administration to propose $67,000 in fines against a Texas mobile home manufacturer.
OSHA said it issued 15 citations or serious violations by ...Read More
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New Provider Fee Schedule Now in Effect
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09/03/2015
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State: SC | Segment: SOUTH | 0 | Popular with Legal
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A new Medical Services Provider Manual -- which is South Carolina's version of a medical fee schedule -- went into effect on Tuesday.
The Workers' Compensation Commission last year contracted with Optum Insight to develop the fee schedule, which aims to be a revenue-neutral update...Read More
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Notice of Benefit of Payment Form Revised
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09/03/2015
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State: MN | Segment: NORTH | 0 | Popular with Insurance
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A revised Notice of Benefit of Payment form issued by the Minnesota Department of Labor & Industry for its workers’ compensation department issued last month allows injured workers to amend payment information, according to the department...Read More
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New Insurer Receives $20M to Develop WC 'Alternatives'
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09/03/2015
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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A one-year-old workers' compensation carrier insuring rural and suburban fire departments has taken out a $20 million credit line in an effort to develop a "workers' compensation insurance alternative" for its customers.
Victory Park Capital is providing the $20 million ...Read More
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New Rules Require Roofers to Submit Proof of WC Insurance
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09/03/2015
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State: OK | Segment: NORTH | 0 | Popular with Legal
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Oklahoma roofing contractors will be required to submit proof of workers' compensation coverage or a certificate of self-insurance when registering with the Construction Industries Board under rules that take effect Sept. 11, according to a ...Read More
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NLRB Ruling May Have Implications for Comp
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09/02/2015
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State: NA | Segment: Top | 0 | Popular with Legal
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In a ruling last week, the National Labor Relations Board expanded the responsibility of franchisers and temporary work agencies for employees, leading some observers to wonder if the decision will lead to a policy shift that could impact workers' compensation.
The NLRB's ...Read More
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NCCI: No Advisory Rate Filing for 2016
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09/01/2015
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State: IL | Segment: NORTH | 0 | Popular with Insurance
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The National Council on Compensation Insurance said in its latest State Advisory Forum for Illinois that it will make an advisory rate and loss-cost filing for 2016.
Overall, the latest experience in Illinois is a mixed bag with different components applying offsetting pressure on system ...Read More
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