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Workers' Compensation News

Employers Distributes $463M Cash After Conversion 03/13/2007
State: NV | Segment: Business | 144 | 0 | Popular with Vendor
Employers Holdings Inc. announced Monday that the company distributed $462,988,115 in cash and 22,765,407 shares of common stock to the eligible members of its predecessor, EIG Mutual Holding Co., as consideration in its conversion which was completed in early February of this year. Usi...Read More
Employee's Fatal Fall Brings $151,500 in Fines 03/13/2007
State: OH | Segment: Safety | 135 | 0
The Occupational Safety and Health Administration levied $151,500 in fines against the WACO Equipment Co. of Columbus, Ohio, for alleged willful and serious violations of federal workplace safety standards following the death of an employee in September. OSHA reported it opened an investi...Read More
Erie Replaces Retiring General Counsel 03/12/2007
State: PA | Segment: Business | 111 | 0
Erie Indemnity Co. announced Friday the appointment of James J. Tanous as executive vice president, secretary and general counsel for Erie Insurance Group. Tanous will succeed Jan R. Van Gorder, who retired Dec. 31. Van Gorder has remained with the company as acting secretary and general c...Read More
E/C's Willful Ignorance No Excuse Not to Pay 03/07/2007
State: FL | Segment: Courts | 229 | 0
An employer/carrier (E/C) was required to pay for a claimant's attendant care despite the lack of a written prescription being presented before the attendant care was provided because of the E/C's willful ignorance in failing to inform claimant of that requirement, the Florida 1st District Court of ...Read More
Employers Welcome Repackaged-Drug Price Rule 03/02/2007
State: CA | Segment: Business | 333 | 0 | Popular with Legal
The Workers' Compensation Action Network said that a repackaged-drug regulation that went into effect on Thursday strikes the right balance between convenience and cost-savings. The regulation requires that drugs dispensed in their offices by physicians be in accordance with the Medicare...Read More
Employers Warned of Fraud 'Red Flags' 03/01/2007
State: MD | Segment: Fraud | 48 | 0
Maryland's Injured Workers' Insurance Fund posted "red flags of workers' comp claimant fraud" for employers on its Web site. "There are numerous red flags that a fraudulent claimant may wave," the fund said. "Taken individually, some may not be reason for suspicion. But any one of ...Read More
Erie Indemnity Net Income Up in Quarter, Down for Year 02/27/2007
State: NA | Segment: Business | 155 | 0
Erie Indemnity Co. on Monday reported a slight increase in fourth quarter 2006 net income, but a decrease for the full year. The company reported a net income of $45.5 million, up 3.1% from $44.2 million in the fourth quarter of 2005. For the full year 2006, Erie Indemnity reported net in...Read More
EMC Net Income Down in 4Q, Up for Full Year 02/23/2007
State: NA | Segment: Business | 69 | 0
EMC Insurance Group Inc. on Thursday reported fourth quarter 2006 operating income of 78 cents per share, compared with $1.34 per share for the fourth quarter of 2005. But the company said operating income for the full year in 2006 was a record $3.70 per share, compared with $2.98 per sha...Read More
Ex-Husband Keeps Impairment Award in Texas Divorce 02/22/2007
State: TX | Segment: Courts | 193 | 0 | Popular with Legal
An ex-husband's impairment income benefit payment is separate property that he keeps in the divorce, the Texas 4th Court of Appeals decided. Kristeen and Jeffrey Sooy were divorced in Bexar County, Texas. Jeffrey Sooy in May 2006 received almost $17,000 in an Impairment Income Benefit paym...Read More
Exec's Injury Picking Up Road Kill Had Work Purpose 02/22/2007
State: SC | Segment: Courts | 145 | 0
The South Carolina Supreme Court decided that a sales executive was furthering his employer's interests when he stopped to remove a dead animal from the road outside a country club where he was meeting prospective customers. The justices in Grant v. Grant Textiles, 26267, 02/20/20...Read More
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