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Workers' Compensation News
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Insurance Commissioner Approves 10.7% Cut to Loss Costs
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03/02/2018
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State: MT | Segment: WEST | 241 | 0 | Popular with Legal | 266 min read
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Montana Insurance Commissioner Matt Rosendale approved a 10.7% loss cost reduction that goes into effect July 1.
The 2018 rate cut is the largest since 2011, when then-Comm...Read More
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Injured Truck Driver Can't Proceed With Premises Liability Claim
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02/23/2018
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Source: WorkCompCentral
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State: TX | Segment: SOUTH | 184 | 0 | Popular with Legal | 3 min read
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A Texas appellate court ruled that an injured truck driver could not proceed with a premises liability claim against the owner of the property where he hurt his shoulder while making a delivery.
...Read More
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Insurance Superintendent Approves 12% Loss Cost Decrease
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02/22/2018
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State: ME | Segment: NORTH | 216 | 0 | Popular with Insurance | 218 min read
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Maine Insurance Superintendent Eric Cioppa has approved a 12% average decrease in workers’ compensation loss costs, effective April 1.
The decrease, recommended by the National Council on Compensation Insurance, marks a 59.5% cumulative decrease in loss costs since major reforms wer...Read More
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Illinois Casualty Co. Profit Down 74% for 2017
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02/21/2018
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State: IL | Segment: NORTH | 180 | 0 | Popular with Insurance | 4 min read
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Net earnings dropped by 63% in the fourth quarter, to $452,000, at ICC Holdings Inc., the parent company of Illinois Casualty Co.
For the full ye...Read More
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Insurance Conference Spotlights Acquisitions, Reserves
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02/16/2018
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By: Elaine Goodman (medical/business reporter)
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State: NA | Segment: Top | 807 | 0 | Popular with Legal | 19 min read
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W. R. Berkley Corp. hasn’t had a sizable acquisition for several years, and some suggest that’s because the company is “cautious and cheap,” W. R. Berkley President and Chief Executive Officer Robert Berkley said during a conference on Wednesday.
...Read More
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Injured Employee Can Proceed With Tort Claims Against General Contractor
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02/16/2018
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Source: WorkCompCentral
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State: TX | Segment: SOUTH | 303 | 0 | Popular with Legal | 17 min read
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A Texas appellate court ruled that an injured worker employed by a subcontractor could proceed with a tort claim against the general contractor that did not “provide” him with workers’ compensation insurance coverage.
...Read More
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Industrial Commission Cancels Proposed Increase to Compromise Settlement Fee
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02/15/2018
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State: NC | Segment: SOUTH | 265 | 0 | Popular with Legal | 7 min read
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The North Carolina Industrial Commission has withdrawn a proposed amendment that would have temporarily increased the fee for compromise settlements, from $400 to $430.
The increase would have been in effect from March 1 of this year to July 1, 2021, at which point it would have reve...Read More
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Injured Police Officers Remain Subject to Adjustment of Pension Benefits
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02/14/2018
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Source: WorkCompCentral
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State: RI | Segment: NORTH | 239 | 0 | Popular with Insurance | 7 min read
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A narrowly divided Rhode Island Supreme Court ruled that an injured police officer-turned-attorney was subject to having his disability pension adjusted to account for income from his new profession, and that he was required to undergo annual independent medical evaluations.
...Read More
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