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Workers' Compensation News

 
The Hartford Reports 8% Boost in P&C Income in Q3 10/30/2013
State: CT | Segment: EAST | 0 | Popular with Legal
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
 
 
TCS Partners with WCIRB on Star System 10/29/2013
By: Greg Jones (Senior Editor)
State: CA | Segment: WEST | 0 | Popular with Legal
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
 
 
Treatment Guides Trigger more than 200,000 Variance Requests 10/24/2013
State: NY | Segment: EAST | 0 | Popular with Legal
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
 
 
Texas Medical Board Proposes New Rules for Pain Clinics 10/21/2013
State: TX | Segment: CENTRAL | 0 | Popular with Legal
The Texas Medical Board has proposed a rule change that would improve its ability to regulate pain-management clinics that violate state laws or regulations.The board proposed amending Texas Administrative Code Section 195.2 governing the certification of pain-management clinics, accordi...Read More
 
 
Texas Mutual Awards $500K Dividend to Oil and Gas Association 10/21/2013
State: TX | Segment: CENTRAL | 0 | Popular with Legal
Texas Mutual Insurance Co. announced that the Texas Oil and Gas Association safety group earned a $500,000 workers' compensation dividend.The dividend will go to members of the association's safety group, which features various employers from the oil and gas industry. The Texas D...Read More
 
 
Texas Mutual Warns of Website Maintenance this Weekend 10/18/2013
State: TX | Segment: CENTRAL | 0 | Popular with Insurance
Texas Mutual Insurance Co. warned that its website and online services will be unavailable for much of the weekend.The carrier posted a notice on its website warning that its technicians will be performing system maintenance on the site on Saturday and Sunday.As a result, the...Read More
 
 
Tower Group Taking $365M Hit on Reserves; Stocks Plunge 10/09/2013
By: Jim Sams (Senior Editor)
State: NA | Segment: Top | 0 | Popular with Legal
Tower Group International's stock price plunged and law firms announced they are preparing shareholder lawsuits following the Bermuda-based reinsurer's announcement on Monday that it will boost its commercial insurance loss reserves by $365 million.Tower said it must rebuild its ...Read More
 
 
Texas Mutual Issues $973K Dividend to Texas Medical Group 10/09/2013
State: TX | Segment: CENTRAL | 0 | Popular with Legal
Texas Mutual Insurance Co. issued a $972,604 dividend to the Texas Medical Group based on the group's collective work safety record. The carrier announced that members of the Texas Medical Group will have shared in $4.6 million in safety group dividends since 2008. Many of the group&...Read More
 
 
TDI Announces 54 Disciplinary Actions 10/07/2013
State: TX | Segment: CENTRAL | 0 | Popular with Legal
Texas Commissioner of Workers' Compensation Rod Bordelon last week announced final disciplinary actions taken against 54 insurers, employers and medical providers for violations of the Texas Labor Code and the rules of the state Division of Workers' Compensation.The violations in...Read More
 
 
Three Sentenced in Coal Mine Bribery Scheme 10/04/2013
State: WV | Segment: EAST | 0 | Popular with Legal
Three men associated with coal mine staffing firms were sentenced in West Virginia Wednesday for their roles in a scheme to bribe a field auditor for BrickStreet Mutual Insurance Co. to allow them to underreport payrolls for the purpose of lowering workers' compensation premiums.The ...Read More
 
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