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Workers' Compensation News

Insurance CIOs get Support for More Tech Spending 06/10/2003
State: Natl. | Segment: Top | 43 | 0
Newly released research by Giga Information Group, a wholly owned subsidiary of Forrester Research, Inc. (Nasdaq: FORR) reveals insurance CIOs' top business and IT issues in the industry. According to the report "Improving Business and IT Efficiency Tops Priority List For North American In...Read More
IL: Nalefski Appointed Arbitrator for Ruth Docket 06/09/2003
State: Natl. | Segment: Top | 32 | 0
The Illinois Industrial Commission has announced that, effective June 16, 2003, Andrew Nalefski has been hired as an arbitrator with the Industrial Commission and will take over the dockets formerly handled by Chairman Ruth. Arbitrator Nalefski is a 1980 graduate of the University of Arkans...Read More
Injured Worker Guilty of Working While on TTD 06/05/2003
State: Natl. | Segment: Top | 33 | 0
Randall Repp of Lebanon, Ohio, was ordered to repay $19,434.05 after pleading guilty to one felonious count of workers' compensation fraud, the Ohio Bureau of Workers' Compensation (BWC) announced. The restitution amount includes $18,131.42 in overpaid benefits and $1,302.64 from investigat...Read More
Industry More Leveraged Than Thought - Conning 06/03/2003
State: Natl. | Segment: Top | 69 | 0
Despite substantial rate increases over the past three years, property-casualty (P-C) insurers will not see any dramatic improvement in their financial results by 2004, according to Conning Research & Consulting, Inc. "Property-Casualty Forecast and Analysis by Line of Insurance, Fir...Read More
Investment Firms Says Sell or Avoid Ohio Casualty 05/30/2003
State: Natl. | Segment: Top | 145 | 0
Zacks.com, a property of Zacks Investment Research, Inc., which was formed in 1981 to compile, analyze, and distribute investment research to both institutional and individual investors, says to sell your Ohio Casualty stock, or at least don't buy any presently while the company shakes off recent de...Read More
Insurers Celebrate, Attorneys Regroup re FL Reform 05/29/2003
State: Natl. | Segment: Top | 80 | 0
The Florida legislature's special session wrapped up late Tuesday night with the passage of SB 50-A, the state's workers' compensation reform bill. The workers' compensation bill, S.B. 50A, increases impairment and death benefits; improves coverage availability by making the state Joint Un...Read More
Indications Are WV Gov Will Call Special Session 05/27/2003
State: Natl. | Segment: Top | 44 | 0
Reports out of West Virginia are indicating that Gov. Bob Wise will call a special session in June to deal with that state's particularly egregious workers' compensation problems.The state run and financed system is deeply in trouble, facing over $3 billion in liabilities, and a cash flow pr...Read More
IAIABC Annual Convention 9/2-6, San Francisco 05/22/2003
State: Natl. | Segment: Top | 214 | 0
The International Association of Industrial Accident Boards and Commissions annual convention will be held Sept. 2-6 in San Francisco this year with the California Division of Workers' Compensation as this year's Convention host.. The program for the 2003 Convention will feature the timeli...Read More
Idaho Sets 2004 Average Weekly Wage Rate 05/22/2003
State: Natl. | Segment: Top | 125 | 0
The Idaho Industrial Commission (IIC) has set the 2004 State Average Weekly Wage at 534.00.This affects the calculation of indemnity benefits at most levels.The IIC has published a chart of the applicable SAWWs and corresponding rates assuming various levels of wage rates at:...Read More
Insurer's Investment Conference New York Today 05/21/2003
State: Natl. | Segment: Top | 82 | 0
Cochran, Caronia & Co., investment bankers to the insurance industry, will convene a conference to address critical issues facing the property and casualty insurance industry. The day- long conference will feature interactive dialogue and analysis on timely issues such as projections on...Read More
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