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Workers' Compensation News

FL Bills Creating FEMI Opposed by Industry 03/21/2003
State: Natl. | Segment: Top | 74 | 0
Pending Florida legislation, Senate Bill 1946, by Sen. Charlie Clary (R-Destin), and House Bill 1655, by Rep. Kim Berfield (R-Clearwater), is creating controversy in the state with carriers objecting loudly that the bill's creation of the Florida Employers Mutual Insurance Co. (FEMI) would undermine...Read More
FileNet to Demo Claims Software at RIMS 03/21/2003
State: Natl. | Segment: Top | 103 | 0
FileNet Corporation (NASDAQ: FILE) says it will exhibit at the Risk and Insurance Management Society's Annual Conference and Expo (RIMS) 2003 and demonstrate its Enterprise Content Management (ECM) solution for Property & Casualty Claims. The company says its software optimizes claims proces...Read More
Fitch Rates Zenith Notes 'BBB-', But 'A-' Strength 03/20/2003
State: Natl. | Segment: Top | 66 | 0
Fitch Ratings has assigned a 'BBB-' rating to Zenith National Insurance Corp.'s (Zenith National) $110 million private offering of convertible senior notes. Fitch has also affirmed Zenith National's long-term issuer rating of 'BBB-' and the 'BB+' rating of Zenith National Insurance Capital Trust I s...Read More
Fitch Gives Chubb $500M Notes 'A+' Rating 03/19/2003
State: Natl. | Segment: Top | 76 | 0
Fitch Ratings has assigned a rating of 'A+' to The Chubb Corporation's (Chubb) offering of $500 million of senior notes. This offering includes $225 million of 3.95% notes due April 1, 2008 and $275 million of 5.20% notes due April 1, 2013. The Rating Outlook for Chubb's debt and long-term ratings h...Read More
FL Sup Crt: Spoliation of Evidence Not Covered 03/17/2003
State: Natl. | Segment: Top | 123 | 0
The Supreme Court of Florida has ruled the Part II of a workers' compensation policy does not provide protection to the employer for allegations of spoliation of evidence.In Humana Workers' Comp. Servs. v. Home Emergency Servs., Inc. (03/13/03 - No. SC02-1206) Humana Worker's Compensation Se...Read More
First Health 2003 Analyst Meeting Set for 3/20 03/14/2003
State: Natl. | Segment: Top | 64 | 0
First Health Group Corp. (Nasdaq: FHCC) will be hosting their 2003 Analyst Meeting via webcast on Thursday, March 20, 2003, beginning at 8:30 a.m. Central Standard Time to review in detail various matters associated with the Company's business. The Analyst Meeting will be available on a li...Read More
Florida Man Arrested for MRIs that Didn't Happen 03/13/2003
State: Natl. | Segment: Top | 138 | 0
A Jacksonville, Florida, man surrendered yesterday to fraud investigators with the Department of Financial Services on a charge that he collected more than $100,000 in insurance payments for MRI scans that he couldn't have performed, given he was operating from a rental mailbox location. ...Read More
Famed Attorney Ben Marcus Passes at 96 03/12/2003
State: Natl. | Segment: Top | 102 | 0
Benjamin Marcus, a famous labor and workers' compensation attorney from Michigan, died at the age of 96 on Monday in a hospital in Santa Monica, Calif., after a long illness. Credited with shaping the workers' compensation laws of Michigan, and other states, Marcus was also the cofounder o...Read More
Florida Injury Rates Down in 2001 03/11/2003
State: Natl. | Segment: Top | 99 | 0
Private sector workplace injuries and illnesses in Florida decreased slightly in 2001, down 800 from 288,200 in 2000. This statistic, among others, is the result of the Survey of Occupational Injuries and Illnesses, an annual survey conducted by the Florida Department of Financial Servi...Read More
FL Rewards$$ to Fraud Informants 03/03/2003
State: Natl. | Segment: Top | 122 | 0
A total of $25,000 in reward money has been paid to two Floridians for providing information and assistance leading to the arrest and conviction of insurance fraud perpetrators, Chief Financial Officer Tom Gallagher announced Friday. "We want to reward citizens for getting involved and h...Read More
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