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Workers' Compensation News


 
Fitch Affirms Zenith Rating, "Well Positioned" 10/01/2002
State: Natl. | Segment: Top | 107 | 0
Fitch Ratings has affirmed the 'A-' insurer financial strength ratings of Zenith National Insurance Corp.'s (Zenith National) three insurance subsidiaries, Zenith Insurance Company (Zenith Insurance), ZNAT Insurance Company and Zenith Star Insurance Company. Fitch has also affirmed Zenith National's...Read More
 
 
Florida Rate Increase Hearing Set 09/30/2002
State: Natl. | Segment: Top | 41 | 0
The Florida Department of Insurance has scheduled a public hearing on the workers' comp rate filing for Monday, October 14, at 9 a.m. in Room 110, Senate Office Building, Tallahassee. The National Council on Compensation Insurance has filed for a 21.5 percent rate increase that is the larg...Read More
 
 
Fatal Work Deaths Down Again but for 09/11 09/27/2002
State: Natl. | Segment: Top | 125 | 0
A total of 8,786 fatal work injuries were reported in 2001, including fatalities related to the September 11th terrorist attacks, according to the Census of Fatal Occupational Injuries, Bureau of Labor Statistics, U.S. Department of Labor. A total of 2,886 work-related fatalities resulted f...Read More
 
 
Fee Schedules - No Correlation to Expenses 09/26/2002
State: Natl. | Segment: Top | 33 | 0 | Popular with Legal
The substantial variation in workers' compensation medical fee schedules among the states is not related to the different costs health care providers incur delivering medical services to injured workers, according to a new study by the Workers Compensation Research Institute (WCRI). The dis...Read More
 
 
Former Policeman/City Councilman - Fraud Arrest 09/19/2002
State: Natl. | Segment: Top | 36 | 0
A former police sergeant in Valley, and councilman in Coatesville, Pennsylvania and who currently is employed as head constable in the Coatesville district court was arraigned on charges of insurance fraud and theft by deception on Monday. Richard Legree, 49, of Coatesville, PN, allegedly c...Read More
 
 
Foundation Reserve in Trouble; Overseer Ordered 09/11/2002
State: Natl. | Segment: Top | 39 | 0
The Albuquerque Journal, NM, last week reported that the New Mexico Insurance Division has ordered a state appointed overseer to monitor the state's largest workers' compensation insurance company, Foundation Reserve Insurance Co. Foundation, which is owned by New Mexico Mutual Casualty Co.,...Read More
 
 
Florida PEO Leaves Customers Uninsured for Comp 09/10/2002
State: Natl. | Segment: Top | 41 | 0
The Florida Times-Union reported last week that professional employer organization (PEO) company Miralink Group Inc., of Jacksonville, FL, has left more than 1,000 small businesses out in the cold with no workers' compensation coverage.Small companies started wondering why their payrolls wer...Read More
 
 
Florida Dad/Son Accused of $1.5M Fraud 09/03/2002
State: Natl. | Segment: Top | 38 | 0
A Wewahitchka, Florida, man and his son are facing charges of racketeering and workers' compensation fraud stemming from schemes the two allegedly used to avoid more than $1.5 million in premiums for employees of their Bay County roofing business. The charges are the result of a joint investigation ...Read More
 
 
Four Comp Bills to Gov. Davis' Desk 09/03/2002
State: Natl. | Segment: Top | 35 | 0
To California Governor Gray Davis' desk last week went a number of workers' compensation bills.The state Senate late Thursday concurred with Assembly amendments and approved Senate Bill 2093 by Jackie Speier, D-Hillsborough, which seeks to protect the California Insurance Guarantee Associa...Read More
 
 
Florida Comp Crisis Hitting Home - Reports 08/30/2002
State: Natl. | Segment: Top | 25 | 0
The extreme workers' compensation insurance problem growing in Florida is starting to come home in the press, as stories from various Florida news sources proliferate about businesses and governmental agencies facing tough times, and blaming that state's work comp mess.The Sarasota Herald-Tr...Read More
 
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