Workers' Compensation News
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After Constitutionality Ruling, Task Force Talks Modernizing State's Work Comp Law
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11/13/2017
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By: Emily Brill (Reporter)
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State: AL | Segment: Top | 0 | Popular with Legal
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Even though his challenge to the constitutionality of Alabama’s workers’ compensation scheme ended in a settlement last week, claimants’ attorney Lawrence King says he’s optimistic that change is coming, because the state bar has assembled a task force to talk about modern...Read More
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AmTrust Reports $175M Loss in Q3 Amid 'Transformative Year'
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11/10/2017
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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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AmTrust Financial Services on Wednesday reported a net loss of $175 million for the third quarter of 2017, which Chief Executive Officer Barry Zyskind described as “a transformative ye...Read More
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Agency Proposes Electronic Filing of Medical Bills
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11/09/2017
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State: NJ | Segment: NORTH | 0 | Popular with Insurance
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The Department of Labor and Workforce Development has posted proposed rules that would require all health care providers who treat injured workers to submit their bills electroni...Read More
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AmTrust's $327M Loss Reserve Increase Worries Analysts
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11/08/2017
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By: Elaine Goodman (medical/business reporter)
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State: NA | Segment: Top | 0 | Popular with Medical
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Concerns about the adequacy of loss reserves at AmTrust Financial Services have prompted A.M. Best to place the company’s rating under review, with negative implications, and another analyst to downgrade his recommendation on AmTrust from “buy” to “neutral.”
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Ammonia Release Prompts Safety Citations for Ice Company
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11/07/2017
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State: HI | Segment: WEST | 0 | Popular with Insurance
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Hawaiian Ice Co. in Honolulu is facing $107,800 in penalties after an incident in which 3,900 pounds of anhydrous ammonia was released, requiring evacuations and medical treatment of workers.
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AIG Sues Dozens Over Spinal Surgery Kickbacks
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11/06/2017
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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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American International Group and affiliated carriers filed a civil complaint in a California federal court against two dozen companies and providers it claims participated in the Pacific Hospital of Long Beach kickback scheme.
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AIG Eyes Greater Use of Reinsurance Following $1.7B Loss in Q3
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11/06/2017
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State: NA | Segment: NATIONAL | 0 | Popular with Other
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After American International Group was hammered by a $1.7 billion loss in the third quarter, President and Chief Executive Officer Brian Duperreault said he plans to increase the company’s use of reinsurance to reduce volatility.
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Amendments Would Simplify Work Comp Verification for PEOs
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11/06/2017
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State: FL | Segment: SOUTH | 0 | Popular with Insurance
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The Department of Business and Professional Regulation has proposed amendments to simplify the requirement for professional employer organizations to submit workers’ compensation liability statements.
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