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Workers' Compensation News

Erie Indemnity Posts Increased Net in 4Q & Y02 02/27/2003
State: Natl. | Segment: Top | 28 | 0
Erie Indemnity Company (Nasdaq: ERIE) on Tuesday announced results for the fourth quarter and full-year 2002. For the fourth quarter: -- Net income increased to $33.9 million, up from $5.9 million for the same period in 2001. -- Net income per share increased to $.48...Read More
Erie Indemnity to Host Financial Webcast 02/24/2003
State: Natl. | Segment: Top | 17 | 0
Erie Indemnity (Nasdaq: ERIE) will host an audio webcast with the financial community to discuss financial results for the fourth quarter and full year 2002 on Wednesday, Feb. 26, 2003, at 11 a.m. Eastern Time (ET). Erie Indemnity will issue a press release reporting its results the evening of ...Read More
Employees May Sue Investigating Officers, USCA9th 02/13/2003
State: Natl. | Segment: Top | 24 | 0
Six former employees of a company investigated by Washington state law enforcement officers may sue the officers for allegedly holding them incommunicado and threatening them with further detention in order to gain their cooperation, the Ninth U.S. Circuit Court of Appeals has ruled. In Ganw...Read More
Enrollment in OR MCOs Grows 02/11/2003
State: Natl. | Segment: Top | 17 | 0
The percent and number of Oregon employers covered by workers' compensation managed care organizations (MCO) in 2001 increased slightly from 68 percent (57,532) in 2000 to 69 percent (58,884) in 2001. This represents a gain of over 1,300 employers covered by MCO contracts in October 2001. The perc...Read More
Employer Tip Leads to Arrest - Working on TTD 02/04/2003
State: Natl. | Segment: Top | 34 | 0 | Popular with Legal
An Illinois woman was sentenced Jan. 23 to community control and ordered to pay restitution for committing one count of felonious workers' compensation fraud, the Ohio Bureau of Workers' Compensation (BWC) announced. Barbara Harris, formerly of Jackson, Ohio, was sentenced to five years of...Read More
Employer's Tip Leads to Arrest of IW Working on TD 02/04/2003
State: Natl. | Segment: Top | 23 | 0
A Franklin county judge sentenced Timothy Panko on Jan. 23 to pay $19,479.36 in restitution to the Ohio Bureau of Workers' Compensation (BWC), the agency announced today. Panko was found to be working while receiving temporary total disability (TTD) benefits from BWC for an occupational in...Read More
Employees Covered by Comp in War, Says NAII 02/03/2003
State: Natl. | Segment: Top | 23 | 0
Military personnel depend on the U.S. government for compensation, but for civilians who may be subject to war risk while living or traveling abroad, the issue is not so cut-and-dried. According to one major insurance trade group, civilians working abroad who might be killed or injured ...Read More
Endurance Specialty Reports $102M Net 2002 01/31/2003
State: Natl. | Segment: Top | 31 | 0
Endurance Specialty Holdings Ltd. reported yesterday net income of $102 million for 2002. Gross premiums written and acquired were $799 million and net premiums written and acquired were $765 million. Endurance had a combined ratio of 86.2% and the loss ratio for the year was 55.3%. Shareholde...Read More
Erie Indemnity Prices Class A Secondary Offering 01/30/2003
State: Natl. | Segment: Top | 33 | 0
Erie Indemnity Company (Nasdaq: ERIE) announced today that it has priced the previously announced secondary offering by Black Interests Limited Partnership of 3,000,000 shares of its class A common stock at $34.50 per share. A majority of the proceeds of the shares being offered as de...Read More
Ergonomics Award to Spokane, Hearth & Home 01/27/2003
State: Natl. | Segment: Top | 18 | 0
The City of Spokane and Hearth & Home Technologies of Colville will receive "Ergonomics in Action" awards from the State of Washington's Department of Labor and Industries. The award to the city will be given Feb. 10 during the 6 p.m. City Council meeting. Hearth & Home Technologies will...Read More
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