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Workers' Compensation News

 
TDI Reschedules NCCI Hearing 02/13/2014
State: TX | Segment: CENTRAL | 0 | Popular with Legal
The Texas Department of Insurance has rescheduled a hearing called to take comments on a proposal that Texas adopt the  National Council on Compensation Insurance Basic Manual with Texas exceptions and both national and Texas-specific endorsements and forms in the NCCI Forms Manual....Read More
 
 
Tower Group's Adverse Loss Reserve Charge Soars 02/13/2014
State: NA | Segment: NATIONAL | 0 | Popular with Legal
In its delayed third quarter report released Tuesday, Tower Group International Ltd. announced adverse loss reserve charges of $143.7 million — well above the estimate of $75 million to $105 million it had issued Dec. 17.The company reported a net third quarter...Read More
 
 
Travelers Cites Affordable Care Act Effects on P&C Industry 02/12/2014
State: NA | Segment: NATIONAL | 0 | Popular with Legal
A 15% increase in demand for a fixed supply of health care coverage is one of the Affordable Healthcare Act components expected to affect the property and casualty industry, according to a newly released white paper by the Travelers Workers' Compensation Claim Services....Read More
 
 
Tecumseh Film Manufacturer Faces Fed OSHA Fines for Safety Issues 02/06/2014
State: KS | Segment: CENTRAL | 0 | Popular with Legal
Innovia Films has been cited by the U.S. Department of Labor's Occupational Safety and Health Administration for 19 safety violations and faces proposed penalties of $112,500.An inspection of the company's Tecumseh plant, which produces film used in packaging...Read More
 
 
The Hartford Posts another Strong Quarter after String of Losses 02/05/2014
By: Jim Sams (Senior Editor)
State: NA | Segment: NATIONAL | 0 | Popular with Legal
The Hartford reported $314 million in net income in the fourth quarter of 2013, cementing a return to profitability that started toward the middle of last year.The Hartford posted a $46 million loss in the fourth quarter of 2012 and was $138 million in the red during the first nine month...Read More
 
 
Trucker Sentenced to Record 8 1/2 Years for Fraud 02/05/2014
State: IL | Segment: CENTRAL | 0 | Popular with Legal
A former trucking company employee from Normal has been sentenced to 8 1/2 years in prison ...Read More
 
 
Three Testify for Bill to Ban Benefits to Illegal Aliens 01/31/2014
State: OH | Segment: CENTRAL | 0 | Popular with Legal
Three residents of northeastern Ohio testified Wednesday in favor of a Senate bill to ban workers’ compensation payments to undocumented immigrants.The legislation, SB 17...Read More
 
 
Thirteen Indicted for $1.5 Million Fraud Scheme 01/30/2014
By: Greg Jones (Senior Editor)
State: CA | Segment: WEST | 0 | Popular with Legal
Thirteen individuals associated with four Southern California businesses were indicted on workers' compensation insurance fraud, unemployment fraud and tax evasion charges for their roles in an alleged $1.5 million scheme, San Diego County District Attorney Bonnie M. Dumanis announced....Read More
 
 
Travelers Reports Big 4th-Quarter Profit 01/29/2014
State: NA | Segment: NATIONAL | 0 | Popular with Legal
The Travelers Companies reported fourth-quarter net income of $988 million, or $2.70 a share, up from $304 million or 78 cents a share a year earlier.Operating income was $981 million, or $2.68 per share, up from $278 million or 72 cents a share in fourth quarter 201...Read More
 
 
Three Bills Filed in Advance of 2014 Session 01/27/2014
By: Greg Jones (Senior Editor)
State: OR | Segment: WEST | 0 | Popular with Legal
Lawmakers in Oregon have filed in advance of the 2014 legislative session that starts on Feb. 3 three workers' compensation measures addressing public body liability for wrongful deaths, self-insured employer groups and the responsibility of employee health plans to pay for services while a clai...Read More
 
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