NY - Albany's Loss-of-Use Claims Spiked in 2017
| 2 min read
Payouts for loss-of-use claims in Albany spiked by 1,700% in 2017, leaving the city with almost $2 million in payouts to injured city workers, according to a local news report.
But it could have been worse. City officials said a third-party administrator was able to shave $282,000 in administrative fees from workers' compensation claims, the Albany Times Union reported this week.
Part of the reason for the spike in benefits payments may be a change in state law, which will reduce benefits in coming years. Claimants may have rushed to file claims in 2017 to reap higher rewards, ...
RI - House Approves Limits on Uninsured Fund Payouts
The Rhode Island House of Representatives this week passed a bill that will limit the amount that injured workers and their dependents could receive from the state's uninsured employer fund.
Rep. Carol Hagan McEntee
House Bill 8215, introduced by Democratic state Reps. Robert Craven and Carol Hagan McEntee, would rename the fund as the Rhode Island Uninsured Protection Fund and would limit benefit payments to a total of $50,000, plus attorneys' fees related to the claim.
The employer would also be required to reimburse the fund for benefits paid to workers and for attorneys...
AZ - CopperPoint Re-Elects Four Board Members
| 43 min read
Arizona-based CopperPoint Mutual Insurance Co. announced the re-election of four members of its board of directors: LoriAnn Lowery-Biggers, Marc Schmittlein, Donald A. Smith Jr. and Stephen Tully.
The carrier said Lowery-Biggers is an insurance industry leader with more than 25 years of experience that includes serving as president of field operations and chief marketing officer for The Navigators Group Inc.. She also served as the North America president for Lloyd’s of London.
Lowery-Biggers joined CopperPoint’s board in 2015.