According to the American Insurance Association (AIA), the California Office of Administrative Law (OAL) has accepted its request to review the California Department of Insurance's (CDI) recent retroactive premium tax notice. This notice, sent to workers' compensation insurers on February 25, 2002, ...Read More
The Alliance of American Insurers, a leading member of the Coalition of Business and Insurance Industry, which has been working to reform the troubled Florida workers compensation system, has withdrawn its support for proposed legislation now pending in the state legislature. While the Coali...Read More
The American Insurance Association (AIA) has asked the California Office of Administrative Law (OAL) to review the California Department of Insurance's (Department) recent retroactive premium tax notice. The notice violates the requirements of the Administrative Procedures Act, according to AIA. ...Read More
New York employers already reeling from rapidly escalating workers compensation medical costs would face substantial new increases if a bill to increase chiropractic fees is approved in the legislature, the Alliance of American Insurers warned.
'Assembly Bill 2946, now in the Labor Committe...Read More
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The Alliance of American Insurers is strongly protesting California's decision to treat workers compensation policy deductibles as premium and charge state tax on deductibles paid since 1997.
'Just because a quirk in California law requires insurers to pay workers compensation benefits in t...Read More
American Physicians Capital, Inc. (APCapital) (Nasdaq: ACAP) yesterday reported net loss for 2001 of $(43.8) million, $(3.95) per diluted share, compared with net income for 2000 totaling $11.9 million, $1.03 per diluted share. The 2001 fourth quarter net loss was $(16.5) million, $(1.58) per dilute...Read More
The California workers compensation reform bill that was signed into law (AB 749) last week by Gov. Gray Davis (D) makes significant strides toward improving the safety of the state's workers, according to a leading insurance industry trade group.
'Enacting AB 749 makes California the first stat...Read More
Visibillity, Inc. - a provider of collaborative litigation management software for property & casualty insurance companies - announced yesterday that Argonaut Insurance Company, a subsidiary of Argonaut Group, Inc. (NASDAQ:AGII) has selected Visibillity software to improve litigation management and ...Read More
An Alaska measure allowing quicker workers' compensation hearings in some cases passed the state House on Wednesday. The bill, sponsored by Rep. John Coghill, R-North Pole, would allow the Alaska Workers' Compensation Board to expedite hearings on a disputed claim if a delay could result in physi...Read More
On Friday, 2/15/02, the office of the Administrative Director of the CA DWC announced the release of modifications to the proposed text of the Official Medical Fee Schedule (OMFS) and the Medical Legal Fee Schedule (MLFS), including Regulation section 9791.1. A 15-day public comment period w...Read More