Workers' Compensation News
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AWCO to Host Spring Conference May 4-5
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02/24/2017
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State: AL | Segment: SOUTH | 0 | Popular with Medical
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The Alabama Workers' Compensation Organization will hold its spring conference May 4-5 at the Hyatt Wynfrey Hotel in Hoover, Alabama.
The conference is free for members and $100 for non-members. Those who want to sign up for an annual AWCO membership fo...Read More
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Alliance: Comp Costs Not Out of Line, Benefits Inadequate
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02/23/2017
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State: NY | Segment: NORTH | 0 | Popular with Legal
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The New York Workers’ Compensation Alliance issued a report Wednesday to make the case that amounts paid in benefits have increased only modestly since 2012 and are not out of line with other states.
...Read More
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Allan McVey Named Insurance Commissioner
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02/21/2017
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State: WV | Segment: SOUTH | 0 | Popular with Employer
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Allan McVey will be West Virginia's new insurance commissioner, the governor's office announced last week.
McVey, the current vice president and agency manager of BB&T-Carson Insurance Services, will start on April 1. He has 48 years of experience in the insurance industry....Read More
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Accused Chiropractor Leading Constitutional Challenge to Fraud Reforms
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02/17/2017
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By: Greg Jones (Senior Editor)
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State: CA | Segment: Top | 0 | Popular with Legal
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As California regulators are vowing to move swiftly to kick out of the workers’ compensation system providers convicted of fraud, a chiropractor who pleaded guilty to fraud charges, and other plaintiffs, have filed a lawsuit asking a state appellate court to declare the ...Read More
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Apportionment Discrimination Bill Back With a Twist
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02/16/2017
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State: CA | Segment: WEST | 0 | Popular with Legal
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California Assemblywoman Lorena Gonzalez Fletcher is making a third run at legislation that would end what she says is gender-based discrimination in apportionment determinations.
...Read More
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AIG Reports $3B Loss in Q4, $5.6B Reserve Charge
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02/16/2017
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By: Elaine Goodman (medical/business reporter)
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State: NA | Segment: Top | 0 | Popular with Legal
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It’s been said that unpredictable claim costs for long-tailed lines of insurance such as workers’ compensation have long been the bane of insurers. In the case of American International Group Inc., billions of dollars of adverse loss development have led to a particularly hellish four...Read More
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Arch Capital's Net Income Up 18% in Q4
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02/15/2017
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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Arch Capital Group Ltd., a Bermuda-based provider of insurance and reinsurance, reported fourth quarter net income available to common shareholders of $62.4 million, an 18% increase from $53.1 million in the prior year quarter.
For the full year, net income was $665 million, up 29% from $...Read More
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