Workers' Compensation News
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NCCI Recommends 3.9% Decrease in Loss Costs
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10/06/2015
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State: CT | Segment: NORTH | 0 | Popular with Legal
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The National Council on Compensation Insurance is recommending a 3.9% loss-cost reduction for the Connecticut voluntary market and a 6.3% drop for the assigned-risk market, according to a State Advisory Forum presentation pos...Read More
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Neurologist Charged with Accepting Kickbacks
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10/01/2015
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State: NJ | Segment: NORTH | 0 | Popular with Vendor
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A state grand jury has indicted a Harbor Township, New Jersey, neurologist on charges that he accepted kickbacks in exchange for patient referrals wo...Read More
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NCCI Recommending 1.4% Loss-Cost Increase
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09/29/2015
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State: HI | Segment: WEST | 0 | Popular with Legal
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The National Council on Compensation Insurance is recommending an average 1.4% increase in loss-cost rates for Hawaii, which would mark the fifth rate hike in as many years.
The proposed loss-cost rates would cause an average 1.2% decrease for the manufacturing sector and a 0.5% decrease ...Read More
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NCCI Proposing 0.9% Rate Cut
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09/28/2015
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State: TN | Segment: SOUTH | 0 | Popular with Legal
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The National Council on Compensation Insurance is proposing a 0.9% rate cut for Tennessee that would go into effect March 1 if approved.
Higher wages, medical fee schedule changes and recent experience are putting upward pressure on rates, according to the NCCI's State Advisory Forum ...Read More
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NCCI Recommends 3.2% Rate Increase
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09/28/2015
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State: IN | Segment: NORTH | 0 | Popular with Legal
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The National Council on Compensation Insurance is recommending a 3.2% overall rate level increase for Indiana's voluntary and assigned-risk markets in 2016.
The Indiana Compensation Rating Bureau sent the NCCI filing to the Insurance Department for approval Sept. 21. The recommended i...Read More
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New Employee Counsel Says Office Was a 'Mess'
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09/25/2015
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State: TX | Segment: Top | 0 | Popular with Legal
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By Mark Payne, correspondent
AUSTIN, Texas -- Jessica Corna said Thursday that the Texas Office of Injured Employee Counsel was a mess when she took over in late 2014.
...Read More
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NCCI Holding State Advisory Forums in Okla. City and Tulsa Next Month
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09/25/2015
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State: OK | Segment: SOUTH | 0 | Popular with Legal
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The Oklahoma Insurance Department and the National Council on Compensation Insurance will host two informational sessions on the state of the workers' compensation market in Tulsa and Oklahoma City next month.
NCCI will present the 2015 State Advisory Forum on Oct. 21 in Oklahoma City...Read More
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Newspaper Says Texas Mutual Fraud Contract a Conflict of Interest
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09/22/2015
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State: TX | Segment: SOUTH | 0 | Popular with Legal
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The Dallas Morning News called for an end to a contract by which Texas Mutual Insurance pays for the salaries of prosecutors and support staff for a fraud unit at the Travis County District Attorney's Office that prosecutes only crimes committed against the insurance carrier.
"Th...Read More
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NYSIF Reduces Loss-Cost Multiplier by 5%
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09/22/2015
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State: NY | Segment: NORTH | 0 | Popular with Legal
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New York State Insurance Fund announced that it is reducing its loss-cost multiplier by 5% effective Oct. 1, a move that would eliminate much of the sting from a 5.9% rate increase proposed by the state Compensation Insurance Rating Bureau.
NYSIF said in a press release that its board of ...Read More
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Newspaper: Lansing Becoming Insurance Industry Hub
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09/21/2015
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State: MI | Segment: NORTH | 0 | Popular with Legal
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The steady growth of insurers, including workers' comp carrier Accident Fund Insurance Co., is bringing insurance-industry employment in Lansing, Michigan, to nearly 10,000, which would make the city an insurance hub on par with Hartford, Connecticut, and Indianapolis, Indiana, according to ...Read More
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