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Workers' Compensation News


 
NCCI Recommending 5.1% Decrease as Claims Frequency Drops 08/27/2009
By: Jim Sams (Senior Editor)
State: AZ | Segment: WEST | 243 | 0
The National Council on Compensation Insurance is proposing a 5.1% rate decrease in Arizona, where declining claims frequency has outpaced a slight increase in costs due to recent legislative increases to permanent disability benefit levels.The proposed rate change, which must be approve...Read More
 
 
New Fee Schedule Keeps Lid on Drugs, Increases Surgical Payments 08/26/2009
By: Jim Sams (Senior Editor)
State: AZ | Segment: Top | 523 | 0 | Popular with Employer
An update to Arizona's pharmacy and medical fee schedule to take effect Oct. 1 keeps a lid on repackaged drugs but increases fees for hundreds of surgical procedures by an average of 17%.The Industrial Commission on Tuesday released a staff report outlining the changes and its respon...Read More
 
 
NCCI Announces 2010 Financial Call Schedule 08/26/2009
State: NA | Segment: NATIONAL | 215 | 0
The National Council on Compensation Insurance (NCCI) has released the schedule for its 2010 financial data call.The Boca Raton, Fla.-based rate maker said it has established links for specific topics relating to the information gathering process on its website and will provide updated m...Read More
 
 
NCCI Calls for 2.3% Increase Effective Jan. 1. 08/25/2009
State: IA | Segment: CENTRAL | 153 | 0
Iowa Commissioner of Insurance Susan Voss issued a notice that the National Council on Compensation Insurance (NCCI) has made a rate filing for a proposed 2.3% increase in workers’ compensation rates effective next Jan. 1.The announcement notes this NCCI filing includes an increase...Read More
 
 
NCCI Computer Glitch Triggered $2.25M in Refunds to Employers 08/24/2009
State: SC | Segment: Top | 128 | 0
South Carolina employers collected $2.25 million in refunds from a computer glitch at the National Council on Compensation Insurance (NCCI) that omitted some payroll data in filings covering 2003-2005.The South Carolina Small Business Chamber of Commerce released data last week that it r...Read More
 
 
NYCIRB Revises Expected Loss Rates for Oct. 1 Filing 08/24/2009
State: NY | Segment: EAST | 331 | 0
The New York Compensation Insurance Rating Board (NYCIRB) last week announced it has corrected errors in expected loss rates reported in connection with the 4.5% loss-cost increase approved by state regulators effective Oct. 1.NYCIRB announced new expected loss rates for volunteer ambula...Read More
 
 
NCCI Calls for 7th Consecutive Rate Cut, Now 6.8% 08/21/2009
State: FL | Segment: Top | 413 | 0
The National Council on Compensation Insurance (NCCI) on Thursday called on Florida Insurance Commissioner Kevin McCarty to cut rates next year by 6.8% — continuing a trend that has spawned 63.2% in reductions since lawmakers overhauled the workers' compensation system in 2003....Read More
 
 
NCRB Updates Schedule Rating Plan 08/21/2009
State: NC | Segment: EAST | 149 | 0
The North Carolina Rate Bureau (NCRB) has posted revisions to its workers' compensation schedule rating plan, which provides for rate modifiers not covered by an employer's loss experience.NCRB said in a notice this week the plan is available for any risk with annual manual premi...Read More
 
 
NYSIF Goes on the Offensive in Self-Insured Trust Scandal 08/21/2009
State: NY | Segment: EAST | 305 | 0
The New York State Insurance Fund (NYSIF) has gone on the offensive to warn employers away from joining group self-insured trusts to obtain workers' compensation coverage.NYSIF issued a release Thursday detailing employers' ongoing troubles following the forced exit of Compensati...Read More
 
 
NYCOSH Schedules Comp Forum 08/21/2009
State: NY | Segment: EAST | 159 | 0 | Popular with Insurance
The New York Committee for Occupational Safety and Health (NYCOSH) is hosting a seminar Oct. 3 to brief injured workers on filing workers' compensation claims and tracking their progress.The union-based committee said "Nuts and Bolts of Navigating New York State's Workers' Co...Read More
 
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