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Workers' Compensation News

LA MTA Budget Calls for $6M Work Comp Reduction 05/06/2003
State: Natl. | Segment: Top | 69 | 0
The Los Angeles Metropolitan Transportation District, which recently has been heavily criticized in local media for its high workers' compensation expenses, released its preliminary budget.The overall $2.8 billion draft spending plan in part counts on a reduction in workers' compensation li...Read More
LA Employers Can Now File Safety Reports on Net 04/28/2003
State: Natl. | Segment: Top | 110 | 0
Louisiana employers are now able to electronically file (e-file) their quarterly safety reports (Form 1017A) with the Louisiana Department of Labor's (LDOL) Workplace Safety Unit. The electronic form can be accessed at www.laworks.net/wcs...Read More
LA Mayor Denies Funds for SIU, Council Asked 04/24/2003
State: Natl. | Segment: Top | 68 | 0
The Los Angeles Daily News reported yesterday that even though Los Angeles Mayor James Hahn has vetoed funding for a workers' compensation special investigations unit for the city, City Attorney Rocky Delgadillo is taking the cause to the City Council because he believes a unit could save the city m...Read More
Labor Ready Reports Narrowed 1Q Loss 04/16/2003
State: Natl. | Segment: Top | 100 | 0
Labor Ready, Inc. (NYSE:LRW) reported yesterday that revenue for the first quarter ended March 28, 2003, increased 1.3% to $172.3 million compared to revenue of $170.1 million for the first quarter of 2002. The company realized a net loss of $3.2 million or $0.08 per share in the first quarter (whic...Read More
Liberty Mutual Says WCAB is CA's Problem 04/10/2003
State: Natl. | Segment: Top | 182 | 0
A.M. Best, in their BestWire publication, interviewed senior executives of Liberty Mutual Group, who are otherwise upbeat about workers' compensation in the rest of the nation, but they say that the problem with California's system is the unpredictability of outcomes in litigated cases.While...Read More
Liberty Mutual Reports $1.5B Revenue Increase 04/10/2003
State: Natl. | Segment: Top | 80 | 0
Liberty Mutual Group yesterday reported worldwide revenues of $14.5 billion for 2002, up from $13 billion in 2001, with positive cash flow from operations totaling $1.6 billion. Pre-tax income was $593 million in 2002, an increase of nearly $2.3 billion over 2001. Policyholders' equity increased $56...Read More
Liberty Mutual to Hire 100 for AZ Call Center 04/09/2003
State: Natl. | Segment: Top | 60 | 0
Liberty Mutual Group plans to add 100 positions to its Phoenix facility on South 50th Street this year, highlighted by the opening of a new 74-person customer service center in this month. The majority of available positions in the new operation are for customer service representatives who ...Read More
LA Troubled Commissioner History, Brown Resigns 04/02/2003
State: Natl. | Segment: Top | 128 | 0
Suspended Louisiana Insurance Commissioner, Jim Brown, officially resigned his post Monday following the declination of a writ of review for the second time by the U.S. Supreme Court following his conviction for lying to an FBI agent about what he knew about the liquidation of Cascade Insurance Co. ...Read More
Lapidus Appointed NoCal Mgr Fremont Employers 04/02/2003
State: Natl. | Segment: Top | 77 | 0
Employers Insurance Company of Nevada, A Mutual Company (EICN) yesterday announced the appointment of Barry Lapidus as Northern California Division Manager for its Fremont Employers Insurance Company (FEIC) subsidiary. "I am both pleased and proud to welcome Barry as a key member of our ...Read More
LAUSD Employee Arrested, Working on TTD 03/26/2003
State: Natl. | Segment: Top | 188 | 0 | Popular with Legal
The Los Angeles Daily News, critical of various Los Angeles governmental entities' failing grades at controlling workers' compensation costs over the past two years, reported that for the first time in decades, an employee of the Los Angeles Unified School District was arrested on suspicion of worke...Read More
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