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Workers' Compensation News

Agent Arrested for Allegedly Pocketing WC Premium 05/11/2009
By: Jim Sams (Senior Editor)
State: NC | Segment: EAST | 214 | 0
Insurance fraud investigators arrested a North Carolina insurance agent earlier this month for allegedly pocketing premiums from a business owner who thought he was purchasing workers' compensation coverage.Insurance Commissioner Wayne Goodwin announced the May 1 arrest of Sherri Efr...Read More
Appeals Court Affirms Dismissal of Suit Similar to Entergy Decision 05/08/2009
State: TX | Segment: CENTRAL | 283 | 0 | Popular with Legal | 35 min read
Defendant ExxonMobil prevailed against a subcontractor's injured worker's personal injury suit, because it proved that it was a general contractor who had agreed to provide workers' compensation coverage to the subcontractor's workers, an appeals court concluded in a ruling citi...Read More
Auditors Find Progress, but Still Problems, with State Fund Operations 05/07/2009
By: Jim Sams (Senior Editor)
State: CA | Segment: Top | 89 | 0
State Compensation Insurance Fund has fixed many of the problems identified after the ouster of three top executives in 2007, but still needs to improve management of its vast fleet of automobiles and collect more documentation before approving contracts with vendors, according to the results of a p...Read More
Attorney Anne Talbot Brennan Dies of Colon Cancer 05/07/2009
By: Jim Sams (Senior Editor)
State: MD | Segment: EAST | 139 | 0
Anne Talbot Brennan, an attorney who represented insurers in workers' comp and other issues, died Saturday from colon cancer. She was 50.Brennan was a partner at Whitford, Taylor & Preston in Baltimore. During the final years of her life, she became an advocate for cancer victims...Read More
Argo Group Net Income Declines After Investment Losses 05/06/2009
By: Jim Sams (Senior Editor)
State: NA | Segment: Business | 101 | 0
Argo Group International Holdings on Tuesday reported net income of $27 million during the first quarter, down from $36.9 million in the same period last year, largely due to investment losses and other write-downs.Highlights for the quarter included: Pretax oper...Read More
Administaff Reports Net Income of $8.2 Million in 1st Quarter 05/05/2009
By: Jim Sams (Senior Editor)
State: NA | Segment: Business | 92 | 0
Administaff Inc. on Monday reported first quarter net income of $8.2 million, or earnings per diluted share of 33 cents on revenues of $462 million.In the 2008 first quarter, net income was $13.2 million and earnings per diluted share was 51 cents, the professional employer organization ...Read More
Authorities Arrest Father, Daughter for Premium Fraud 05/04/2009
State: CA | Segment: WEST | 156 | 0
Authorities arrested a 67-year-old man and his 44-year-old daughter on suspicion of underreporting their companies' payrolls to avoid paying $1 million in premiums to State Compensation Insurance Fund, Virginia Surety Company, and Reinsurance Corp. of America. ...Read More
Association Launches Web Tool on Electronic Medical Records 05/04/2009
State: TX | Segment: Top | 166 | 0
The Texas Medical Association (TMA) announced Friday it is launching a web-based tool – which will be available on the TMA website – to help physicians compare and select vendors for electronic medical records.Dr. Joseph Schneider, vice president and chief medical information...Read More
AIG to Detail 1st-Q Financials on Thursday 05/04/2009
State: NY | Segment: EAST | 119 | 0
American International Group (AIG) will release its first-quarter 2009 results Thursday, after posting the largest quarterly loss in U.S. corporate history for the final three months of 2008.AIG said it will release the results after the close of trading on Thursday and will hold a confe...Read More
AIG Trustees and Liddy to Testify May 13 05/04/2009
State: NA | Segment: EAST | 158 | 0
The U.S. House Committee on Oversight and Government Reform has rescheduled a hearing called to probe the near-collapse and bailout of American International Group (AIG) following an agreement to testify coming from the three trustees of its taxpayer-funded credit line.The committee had ...Read More
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