Workers' Compensation News
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TDI Formally Proposes Rules to Govern New Captive Market
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11/15/2013
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State: TX | Segment: CENTRAL | 0 | Popular with Legal
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The Texas Department of Insurance formally proposed rules to regulate the state's new captive insurer market on Thursday.The proposed captive rules would regulate the new captive insurance market authorized by Senate Bill 734. Gov. Rick Perry signed the bill into law on June 14, allo...Read More
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TNSIA Seeks New Executive Director
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11/14/2013
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State: TN | Segment: EAST | 0 | Popular with Legal
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The Tennessee Self-Insurers Association on Nov. 6 announced that it is seeking an executive director to coordinate the statewide organization's efforts to improve the state's workers' compensation laws.According to a TNSIA ...Read More
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TCIA Posts Captive-Planning Information Online
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11/13/2013
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State: TX | Segment: CENTRAL | 0 | Popular with Legal
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The Texas Captive Insurance Association has posted an in-depth presentation describing the pros and cons of forming a captive insurance company, and relevant case law affecting captive insurers.The association posted a presentation from Phil Tortorich, an attorney with the Katten Muchin ...Read More
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Textile Maker Fined $115,000 for Safety Violations
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11/13/2013
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State: NV | Segment: EAST | 0 | Popular with Legal
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The U.S. Occupational Safety and Health Administration has cited a New Hampshire manufacturer of nonwoven textiles for 21 workplace safety violations at its plant in Hampton, N.H.OSHA said in a news release last week that inspectors proposed fines of $115,000 against Foss Manufacturing f...Read More
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The Hanover Reports 51% Hike in 3Q Net Income
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11/01/2013
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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The Hanover Insurance Group, Inc. reported Wednesday net income of $61.3 million for the third quarter, up 51% from the $40.4 million reported for the first three quarters of 2012.The Hanover reported net income of $180.9 million for the first nine months of the year, a 63% increase from...Read More
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Trucking Firm Facing $113K in Penalties after Worker's Death
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10/31/2013
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State: AR | Segment: CENTRAL | 0 | Popular with Legal
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The Occupational Safety and Health Administration cited a trucking company for 11 safety and health violations and $113,400 in proposed penalties after a temporary worker died while cleaning the inside of a tanker trailer. The federal agency cited Sherman Brothers Trucking, which does bu...Read More
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The Hartford Reports 8% Boost in P&C Income in Q3
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10/30/2013
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State: CT | Segment: EAST | 0 | Popular with Legal
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Hartford Financial Services Group (The Hartford), one of the nation's largest workers' compensation insurers, posted net income of $293 million for an increase of 60 cents per share in the third quarter of 2013, a significant boost from the net income of $13 million and 1 cent per share incr...Read More
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TCS Partners with WCIRB on Star System
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10/29/2013
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By: Greg Jones (Senior Editor)
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State: CA | Segment: WEST | 0 | Popular with Legal
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Indian technology and service provider Tata Consultancy Services partnered with the California Workers’ Compensation Insurance Rating Bureau to create the state’s ratemaking agency’s new computer system that was rolled out last year.The WCIRB launched the first phase of...Read More
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Treatment Guides Trigger more than 200,000 Variance Requests
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10/24/2013
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State: NY | Segment: EAST | 0 | Popular with Legal
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The adoption of medical treatment guides mandated by the workers' compensation reforms signed into law by former New York Gov. Eliot Spitzer in 2007 triggered 202,643 requests for variances through Feb. 4, 2012, the Workers Compensation Research Institute reported Wednesday.WCRI rele...Read More
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