Workers' Compensation News
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Texas Mutual Announces $2.6 Million in Dividend Distributions
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11/19/2013
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State: TX | Segment: CENTRAL | 0 | Popular with Legal
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Texas Mutual Insurance Co. announced that it has begun distributing $2.6 million in workers' compensation dividends among 3,300 new policyholders.The dividend distribution will complete the carrier's $175 million dividend distribution in 2013. "Texas Mutual is a polic...Read More
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Tesla Faces Possible 3rd Safety Violation in 3 Years
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11/18/2013
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State: CA | Segment: WEST | 0 | Popular with Legal
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The California Division of Occupational Safety and Health is investigating how three workers were burned by hot metal Wednesday at Bay Area Tesla Motors, Inc. in Fremont.Tesla has been cited twice for safety violations since 2011, according to CalOSH records. It was ...Read More
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TDI Begins Accepting Captives' Redomestication Applications
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11/18/2013
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State: TX | Segment: CENTRAL | 0 | Popular with Legal
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The Texas Department of Insurance is now accepting captive insurers' redomestication applications. State lawmakers approved the state's new captive insurance market with the passage of Senate Bill 734 in June, which allowed pure captive insurers to domicile in Texas. Since then, ...Read More
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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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