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Workers' Compensation News

ISO Data Shows Softening Market 06/24/2003
State: Natl. | Segment: Top | 201 | 0
The U.S. property and casualty industry's net income after taxes rose 20.6 percent to $6.4 billion in first-quarter 2003 from $5.3 billion in first-quarter 2002, driven by improved underwriting results and an increase in net investment gains, according to Insurance Services Office, Inc. (ISO) and th...Read More
IL Commission Becomes User Funded 06/20/2003
State: Natl. | Segment: Top | 140 | 0
The Illinois Industrial Commission announced that the state legislature has approved an independent funding source for the Industrial Commission. Illinois now joins 45 other states around the country that pay for their workers' compensation agencies through assessments, either on insurance p...Read More
IAIABC Completes WI Charter, IRS Tax Exemption 06/18/2003
State: Natl. | Segment: Top | 61 | 0
With the approval of the Executive Committee, the IAIABC staff commenced two organizational changes in December 2002. First, the association was reincorporated in Wisconsin, and the Kansas corporate charter was left to expire. This change was completed in early spring of 2003. The secon...Read More
Interior Dept Opens New Accessible Tech Center 06/17/2003
State: Natl. | Segment: Top | 28 | 0
The Department of the Interior's (DOI) Accessible Technology Center (ATC), now in a new location, will host its grand re-opening on today, Tuesday, June 17, 2003 from 10 a.m. - 12 noon. The ATC was originally opened in October 2000 and had to be relocated because of the building's modernization proj...Read More
ISO Releases V4 of Fraud Analysis Software 06/13/2003
State: Natl. | Segment: Top | 86 | 0
Insurance Services Office, Inc. (ISO) has introduced a more robust version of its NetMap for Claims[TM] data-analysis and visualization software for identifying and combating fraud. NetMap for Claims Version 4.0 sifts through vast amounts of data to "sniff out" hidden connections among clai...Read More
IL: PN Stay on Legion/Villanova No Jurisdiction 06/12/2003
State: Natl. | Segment: Top | 65 | 0
The Illinois Industrial Commission (IIC) is joining states that have decided to move against Legion and Villanova insurance companies notwithstanding Pennsylvania's stay order.The IIC has released a bulletin advising that cases involving Legion Insurance Company and Villanova Insurance Compa...Read More
Independent Contractors to be Studied in MT 06/10/2003
State: Natl. | Segment: Top | 69 | 0
A Montana Legislative committee will begin a study of independent contractors on Wednesday, pursuant to recently enacted Senate Bill 270, to determine whether exemptions from workers' compensation passed in 1987 are being abused. SB 270 (Sen. Dan Harrington, D-Butte) originally sought to red...Read More
Insurance CIOs get Support for More Tech Spending 06/10/2003
State: Natl. | Segment: Top | 36 | 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 | 27 | 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 | 30 | 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
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