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Workers' Compensation News

AAI Threatens CA DOI with Suit over Taxes 03/07/2002
State: Natl. | Segment: Top | 67 | 0 | Popular with Legal
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
APCapital Reports Net Loss for Y'01 02/22/2002
State: Natl. | Segment: Top | 61 | 0
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
AAI Says AB 749 Good for CA Worker Safety 02/21/2002
State: Natl. | Segment: Top | 68 | 0
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
Argonaut to Use Visibillity Nationally for Panel F 02/20/2002
State: Natl. | Segment: Top | 125 | 0
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
Alaska Bill to Expedite Disputed Med Issues 02/18/2002
State: Natl. | Segment: Top | 67 | 0
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
Amendments to OMFS & MLFS Pending 02/18/2002
State: Natl. | Segment: Top | 80 | 0
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
AB 749 is Law 02/18/2002
State: Natl. | Segment: Top | 63 | 0
AB 749 was signed into law by CA Governor Gray Davis. His press release follows: 'Workers injured on the job deserve fair compensation,' Governor Davis said. 'Employers who create jobs deserve to be free of unreasonable burdens. For too long, this has been an either / or proposition. I believed ...Read More
AFG Doubles Net Earnings From Last Year 02/14/2002
State: Natl. | Segment: Top | 59 | 0
American Financial Group, Inc. (NYSE: AFG) yesterday reported net earnings from insurance businesses of $32.1 million ($.47 per share) for the fourth quarter of 2001, exceeding analysts' consensus estimates. These operating results were approximately double the 2000 fourth quarter results of $14.3 m...Read More
AB 749 May be Law Today 02/14/2002
State: Natl. | Segment: Top | 62 | 0
Sources who spoke on condition of anonymity have advised that Davis Administration officials and DWC officials are meeting with the Governor today to present financial estimates on the impact of AB 749, and that the Governor is expected to sign the benefits reform package into la...Read More
ACE Reports Lowered 4Q and Y '01 Net 02/13/2002
State: Natl. | Segment: Top | 49 | 0
ACE Limited (NYSE:ACE) reported income excluding net realized gains (losses) of $41.9 million for the quarter ended December 31, 2001 compared with $164.3 million for the same quarter in 2000 and earnings per share excluding net realized gains (losses), after deducting preferred dividends, of $0.14 ...Read More
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