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Workers' Compensation News

WA L&I Returns $78M in WC Premiums 05/23/2002
State: Natl. | Segment: Top | 86 | 0
The Washington state Department of Labor and Industries (L&I) is returning more than $78 million in workers' compensation premiums to Washington employers and associations enrolled in retrospective rating plans. Twenty-nine professional organizations and trade associations will be rece...Read More
Western Specialty Rates an 'R' by S&P 05/16/2002
State: Natl. | Segment: Top | 94 | 0
Western Specialty Insurance Co. was assigned an ...Read More
WTC Victims May be Allowed "Double Dipping" 05/14/2002
State: Natl. | Segment: Top | 111 | 0
Governor George E. Pataki, Senate Majority Leader Joseph Bruno, Assembly Speaker Sheldon Silver, and Attorney General Eliot Spitzer last week announced legislation that would make it easier for World Trade Center victims and their families to navigate the legal maze involved in the recovery of any f...Read More
Western Specialty Ordered Into Liquidation 05/09/2002
State: Natl. | Segment: Top | 82 | 0
Illinois Insurance Director Nat Shapo announced that the Cook County Circuit Court issued an Order of Liquidation against Western Specialty Insurance Company of Oak Brook, Illinois, on May 6, 2002, following a determination by the Department of Insurance that the company's surplus was impaired by an...Read More
WCIRB - Frequency Half What Was Decade Ago 05/07/2002
State: Natl. | Segment: Top | 50 | 0
The WCIRB recently released a study identifying the key factors leading to the decline in claim frequency over the last decade. The WCIRB report suggests that indemnity claim frequency, which currently is approximately one-half of what it was a decade earlier, can best be studied by analyzi...Read More
White Collar Injuries Cost More says CWCI 05/03/2002
State: Natl. | Segment: Top | 76 | 0 | Popular with Medical
The California Workers' Compensation Institute (CWCI) recently released a new study concluding that workers...Read More
Workplace Security Increases, But Still Lax 05/03/2002
State: Natl. | Segment: Top | 58 | 0
Although many employers in the United States have increased security since last fall's terrorist attack, nearly one-third still allow unauthorized visitors to enter their buildings, according to a national workplace survey sponsored by The Hartford Financial Services Group, one of the nation's leadi...Read More
WTC Recovery Injuries Lower than Comps 04/18/2002
State: Natl. | Segment: Top | 103 | 0
After nearly three million work hours, only 35 workers at the World Trade Center recovery site suffered injuries that resulted in lost workdays, OSHA announced last week. Of the 35 reported cases, none were life threatening. "The Lost Workday Injury and Illness Rate (LWDII) rate at the Worl...Read More
WCIRB Releases Summary of Y'01 Loss Data 04/16/2002
State: Natl. | Segment: Top | 49 | 0
The WCIRB released yesterday its preliminary summary of statewide, year-end 2001 loss experience. The report shows continued sharp adverse loss development on the 1998, 1999 and 2000 accident years. The WCIRB now estimates the ultimate loss ratio for those years are 123%, 134% and 114%, respectively...Read More
Wisconson WC Medical Pays More, Costs Less 04/16/2002
State: Natl. | Segment: Top | 163 | 0
The average medical payment paid to injured workers in Wisconsin under the state's workers' compensation system rose consistently in recent years largely as the result of increased prices charged by providers of medical and hospital services, according to a new study by the Workers Compensation Rese...Read More
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