Workers' Compensation News
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DWC Reminds Insurance Carriers EDI 3.1.4 Now Live
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07/27/2023
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State: TX | Segment: SOUTH | 0 | Popular with Insurance
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The Texas Division of Workers’ Compensation reminds insurance companies that the new electronic data interchange standard, EDI Claims Release 3.1.4, went live Wednesday.
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NCCI Proposes 12.7% Loss Cost Decrease
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07/27/2023
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State: WV | Segment: SOUTH | 0 | Popular with Insurance
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The National Council on Compensation Insurance on Wednesday filed a proposed 12.7% loss cost decrease in West Virginia, effective Nov. 1.
Go...Read More
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Economic Recovery Helps Drive 14% Increase in Premiums
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07/26/2023
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State: CA | Segment: WEST | 0 | Popular with Legal
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California workers’ compensation premium levels increased 14% in 2022 as a result of the economic recovery following the pandemic, according to the Workers’ Compensation Insurance Rating Bureau.
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Study Links High Temperatures to Increase in Work Injuries
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07/26/2023
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State: CA | Segment: WEST | 0 | Popular with Legal
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A study by a left-leaning nonprofit reportedly found that between 2.5% and 4% of injuries and illnesses serious enough to result in a workers’ compensation claim in California are caused by higher temperatures.
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KEMI Announces $15.9M Dividend
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07/26/2023
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State: KY | Segment: SOUTH | 0 | Popular with Vendor
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Kentucky Employers’ Mutual Insurance announced a $15.9 million dividend for eligible policyholders.
More than 13,000 policyholders will receiv...Read More
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NCCI: No Sign of Imminent Recession, Major Economic Slowdown
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07/26/2023
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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The National Council on Compensation Insurance said in its latest quarterly economics briefing that while a recession or major economic slowdown could have adverse effects on workers’ compensation premiums and losses, there is currently no clear evidence of a decline in economic activity or...Read More
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