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Workers' Compensation News

 

AmTrust Raises $300 Million in Private Stock Placement 05/31/2017
State: NA | Segment: NATIONAL | 0 | Popular with Legal
AmTrust Financial Services Inc. has raised $300 million through the sale of 24 million shares of common stock, a transaction that closed on Friday, the company said. ...Read More
 
 

Annual Report: Rates Decrease Slightly in Rate-Maker's 100th Year 05/31/2017
State: NJ | Segment: NORTH | 0 | Popular with Legal
The New Jersey Compensation Rating and Inspection Bureau released its 100th annual report last week, marking the close of its first century as the state's rate-maker. ...Read More
 
 

Appropriations Committee Passes Fraud Bills 05/26/2017
State: CA | Segment: WEST | 0 | Popular with Vendor
The California Assembly Appropriations Committee passed a pair of fraud-fighting bills that would create a new unit within the Division of Workers’ Compensation and close a loophole that allows providers convicted of fraud to try to collect on liens before they’re suspended from parti...Read More
 
 

AWW for Worker With Intermittent Schedule Was Properly Based on Number of Weeks Worked 05/26/2017
Source: WorkCompCentral
State: TN | Segment: SOUTH | 0 | Popular with Legal
The Tennessee Supreme Court’s Special Workers’ Compensation Appeals Panel ruled that an injured millwright’s average weekly wage was properly calculated by using his earnings, divided by the number of weeks he actually worked for his employer. ...Read More
 
 

After Years of Skyrocketing Costs, Legislation Has Stabilized System, Report Says 05/24/2017
By: J. Todd Foster (Reporter)
State: NC | Segment: Top | 0 | Popular with Legal
Medical and indemnity payments, which grew at 6% a year between 2004 and 2009, have stabilized for the past eight years in North Carolina because of reduced medical reimbursements and a duration cap on temporary disability benefits, a new report says. ...Read More
 
 
AlaComp Adopts Valen's InsureRight Platform 05/24/2017
State: AL | Segment: SOUTH | 0 | Popular with Insurance
AlaComp, a workers’ compensation self-insurance fund in Montgomery, Alabama, is adopting Valen Analytics’ InsureRight platform to support underwriting decisions. AlaComp will use a predictive model that’s been customized to meet its needs. The model, built and hosted on ...Read More
 
 

American Assets, Zurich, Fairfax Increased Market Share in 2016 05/23/2017
State: CA | Segment: WEST | 0 | Popular with Legal
The California Workers’ Compensation Institute said three of the largest carriers grew their market share in 2016 and moved up the rankings in terms of the largest comp carriers in the Golden State. ...Read More
 
 

Alternatives to Drug Testing Proposed for Assessing Marijuana Impairment 05/22/2017
State: NA | Segment: Top | 0 | Popular with Other
Higher percentages of urine and saliva samples taken from U.S. workers are testing positive for marijuana, according to a report released last week by drug testing company Quest Diagnostics. ...Read More
 
 

Access Doctrine Does Not Apply to Negligence Cases, Court Writes 05/22/2017
State: TX | Segment: SOUTH | 0 | Popular with Legal
An appellate court shot down an injured pedestrian's argument that the man who hit her with his truck was acting in the course and scope of employment at the time, thus making his employer liable for her injury. ...Read More
 
 

ASIA Cheers Passage of 'Full and Final Settlement' Bill 05/19/2017
State: AZ | Segment: WEST | 0 | Popular with Legal
The Arizona Self-Insurers Association cheered the passage of a measure to incorporate the term "full and final settlement" into workers' compensation law.  ...Read More
 
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