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Workers' Compensation News

 
Fairpay Class Settlement Withstands Challenge by Qmedtrix 07/08/2013
By: Sherri Okamoto (Legal Reporter)
State: LA | Segment: Top | 0 | Popular with Legal
Qmedtrix can't challenge a settlement in which rival Fairpay seeks to resolve claims that it instructed clients to underpay medical bills because it could gain an unfair advantage in doing so, the Louisiana Court of Appeal said.Qmedtrix alleged that a proposed settlement between Fair...Read More
 
 
FASB's Proposal to Impact Accounting of Insurers, Comp Liabilities 07/01/2013
State: NA | Segment: Top | 0 | Popular with Legal
By David Dankwa, Senior ReporterWorkers’ compensation carriers, along with nearly all insurance companies, will be affected by the Financial Accounting Standards Board’s proposal to change the accounting rules for insurance contracts, especially how insurance liabilities are ...Read More
 
 
Former AIG Global Tax Director Joins XL Group 06/27/2013
State: NA | Segment: NATIONAL | 0 | Popular with Legal
XL Group has appointed Philip Jacobs as its new global head of capital management, corporate development and tax.Jacobs will report to Peter Porrino, executive vice president and chief financial officer. He will be based in Stamford, Conn.Jacobs joins XL Group from Barclays B...Read More
 
 
Food Storage Employer Settles ADA Suit for $46,000, EEOC Says 06/26/2013
State: KY | Segment: EAST | 0 | Popular with Legal
An Atlanta-based food storage company agreed to pay $46,000 to settle a disability discrimination suit filed by a former employee who had alleged that the employer refused to provide her with a reasonable accommodation that would allow her to return to work.The Equal Employment Opportuni...Read More
 
 
Feds Log 24th Guilty Plea in Long Island Rail Road Probe 06/26/2013
State: NY | Segment: EAST | 0 | Popular with Legal
Federal prosecutors on Monday announced the 24th guilty plea in the continuing investigation of pension and disability fraud on the Long Island Rail Road (LIRR).U.S. Attorney Preet Bharara said Steven Gagliano, 55, a railroad signalman, pleaded guilty to using a false disability claim to...Read More
 
 
Fatal Fall Leads to $54k in Proposed OSHA Fines 06/26/2013
State: ND | Segment: CENTRAL | 0 | Popular with Legal
The Occupational Safety and Health Administration cited a North Dakota agricultural service center for two safety violations after a worker died while unloading a grain elevator in January.The federal agency cited Plains Grain & Agronomy for two safety violations and proposed fines o...Read More
 
 
Fitch Projects 105% Combined Ratio for Work Comp Segment in 2013 06/25/2013
State: NA | Segment: NATIONAL | 0 | Popular with Legal
Rating agency Fitch said underwriting results for the U.S. workers’ compensation market are set to improve during the remainder of the year, reversing several years of poor performance.Fitch is projecting a 105% combined ratio this year. In 2012, the industry aggregate combined rat...Read More
 
 
Fire District to Examine Light-Duty Policy 06/24/2013
State: MO | Segment: CENTRAL | 0 | Popular with Legal
The Monarch Fire Protection District will review its light-duty policies in response to public complaints about its workers' compensation experience. Residents complained during Thursday's meeting that the district's 19 workers' compensation claims represent an unusually ...Read More
 
 
Failed School Trust Nearing Decision on Dealing with Deficit 06/21/2013
State: KY | Segment: Top | 0 | Popular with Insurance
By Michael Whiteley, Eastern Bureau ChiefDirectors of the nearly defunct Kentucky School Boards Insurance Trust and state regulators will decide sometime this fall whether to put the trust into run-off or transfer the remainin...Read More
 
 
Former Justice Dept. Lawyer Joins Ace as General Counsel 06/21/2013
State: NA | Segment: NATIONAL | 0 | Popular with Legal
Ace Ltd. has appointed Joseph Wayland, a former U.S. Department of Justice attorney, as general counsel.Wayland will be responsible for global legal affairs, including providing counsel to the Chief Executive Officer Evan Greenberg, senior management team and board, as well as leading th...Read More
 
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