Workers' Compensation News
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Tower Group Cedes Large Chunks of Comp Risks to Southport Re
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10/03/2013
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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Tower Group International Ltd. has entered into reinsurance agreements with Arch Reinsurance Ltd., Hannover Re and Southport Re to enhance its financial flexibility.Tower ceded a 14% quota share of certain commercial automobile liability, commercial multi-peril property, commercial multi...Read More
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Target of Comp Fraud Probe Opening Exotic Snake Store
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10/02/2013
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State: NY | Segment: EAST | 0 | Popular with Legal
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The Brookhaven, N.Y., animal control officer under investigation in connection with a workers' compensation claim said through his attorney he plans to open an exotic snake store following a raid on his home on Sept. 19.Andrew Vecere, an attorney for Richard Parrinello, told Newsday ...Read More
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Towers Watson to Sell Reinsurance Unit to Jardine Lloyd Thompson
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09/24/2013
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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Insurance broker Towers Watson has agreed to sell its reinsurance brokerage business to rival Jardine Lloyd Thompson Group plc for $250 million.The acquired business will merge with Jardine Lloyd Thompson's reinsurance arm, JLT Re, to form JLT Towers Re, a reinsurer with combined rev...Read More
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Transit Union Says Vegetation, Unlit Tunnels Endanger Workers
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09/23/2013
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By: Jim Sams (Senior Editor)
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State: CA | Segment: WEST | 0 | Popular with Legal
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The union that represents employees of the Bay Area Rapid Transit district in Northern California is calling for BART to improve safety along the system's raised tracks, saying hazards caused by vegetation and unlit tunnels endanger both riders and workers. BART and Service Employees...Read More
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TDI Adds 2 New Deputy Directors to its Staff
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09/20/2013
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State: TX | Segment: CENTRAL | 0 | Popular with Legal
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The Texas Department of Insurance announced that Mark Einfalt will serve as the agency's new deputy commissioner of compliance, and that Allison Castle will be its new deputy commissioner of public affairs. Einfalt will begin work as the deputy commissioner of compliance on Sept. 23....Read More
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TTD Benefits Amount Was Not the 'Monetary Value' of Alleged Fraud
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09/20/2013
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By: Sherri Okamoto (Legal Reporter)
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State: FL | Segment: EAST | 0 | Popular with Other
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The 2nd District Court of Appeal ruled that an injured worker who was convicted of insurance fraud was entitled to a new trial because the trial judge had erred in determining what the "monetary value" of his alleged fraud had been. Case: Carroso v. State of Flo...Read More
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Thoroughbred Race Track Considering Own Comp Program
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09/16/2013
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State: FL | Segment: EAST | 0 | Popular with Legal
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Hallandale Beach, Fla.-based Gulfstream Park, a thoroughbred race track and casino, is looking to set up a workers’ compensation program.According to an article on WCI360.com, John Unick, president of the Thoroughbred Racing Group at MOC Insurance Services, a San Francisco-based br...Read More
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Ten Postal Workers, Doctors Indicted for Comp Fraud
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09/09/2013
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State: NA | Segment: EAST | 0 | Popular with Legal
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Ten current and former Postal Service employees, along with two doctors, have been indicted in Puerto Rico on workers’ compensation fraud charges.The suspects were arrested following a two-year investigation that initially focused on medical documentation completed by one of the do...Read More
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Task Force Reviewing 2013 Reforms
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09/09/2013
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State: DE | Segment: EAST | 0 | Popular with Legal
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A workers' compensation task force headed by Delaware Lieutenant Gov. Matt Denn met Friday to review the impact of reforms adopted by state lawmakers in 2013 and to consider further changes to the system.On June 28, Gov. Jack Markell signed House Bill 175 into law. The bill, recommen...Read More
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Tub Manufacturer Faces $63K Penalty for 5 OSHA Violations
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09/06/2013
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State: OH | Segment: CENTRAL | 0 | Popular with Array
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The Occupational Safety and Health Administration proposed fining a Cleveland bathtub manufacturer $63,490 for five safety violations that included a repeated failure to develop a mechanical power press inspection program.The federal agency cited E.L. Mustee & Sons Corp. for failing ...Read More
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