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Workers' Compensation News

More Comment Taken on Power Rule Changes 10/13/2005
State: NA | Segment: Safety | 245 | 0
The Occupational Safety and Health Administration (OSHA) is extending the written comment period by 90 days on updating the standard for the construction of electric power transmission and distribution installations to make it consistent with the revised general industry standard. The exte...Read More
MDL Sues Insurers for Ohio Defense Costs 10/13/2005
State: NA | Segment: Courts | 104 | 0
The Pittsburgh fund manager in the spotlight because of soured investments at Ohio's Bureau of Workers' Compensation is suing two insurers for failure to cover the fund's legal bills. The Royal Gazette newspaper in Bermuda reported that Pittsburgh-based parent company MDL Capital Managemen...Read More
Max Re Prices 11M shares at $23.50 Each 10/13/2005
State: NA | Segment: Business | 113 | 0
Max Re Capital Ltd. announced that it has entered into an agreement to sell 11 million of its common shares in an underwritten public offering at a price to the public of $23.50 per share. The aggregate price to the public will be $258.5 million. The net proceeds to the company are expected...Read More
Mississippi Seeks 'Relaxed' Settlement Policy 10/12/2005
State: MS | Segment: Politics | 179 | 0 | Popular with Legal
Mississippi Gov. Haley Barbour has written the White House asking for one year's regulatory relief on workers' compensation settlements. In a letter sent last month to President George W. Bush, Barbour asked that the Centers for Medicaid Services (CMS) consider a "relaxed policy" on the ap...Read More
Meadowbrook Says Hurricanes Weren't a Problem 10/12/2005
State: NA | Segment: Business | 193 | 0
Meadowbrook Insurance Group Inc. reported Tuesday that the company does not expect its net losses related to Hurricane Rita to be material. Meadowbrook President and Chief Executive Officer Robert S. Cubbin commented, "Similar to our recent loss experience associated with Hurricane ...Read More
Medical Board Seeking Complaint Investigators 10/11/2005
State: CA | Segment: Regulatory | 146 | 0
The Medical Board of California is currently seeking physicians to review complaints and investigate allegations of substandard care, the California Medical Association said in a press release. The medical board is seeking assistance in two areas of its investigative process. Physician "co...Read More
Maryland Requiring Certified Mail for Cancellations 10/11/2005
State: MD | Segment: Regulatory | 98 | 0
The Maryland Insurance Administration issued a bulletin that requires workers' compensation and other property and casualty insurers to use certified mail to notify policyholders of cancellations and nonrenewals. The proposed rule would require a certified letter to be sent to policyholders...Read More
Mo. Chamber Offering DVD Package on Reforms 10/11/2005
State: MO | Segment: Other | 112 | 0
The Missouri Chamber Education Foundation has produced a DVD package to help Missouri employers comply with the recent workers' compensation reforms. The videos present a series of educational seminars that the Chamber conducted around the state to keep companies informed about the new le...Read More
Mo. AGO Wins Judgment Against Quick Labor 10/11/2005
State: MO | Segment: Courts | 114 | 0
Missouri Attorney General Jay Nixon said Monday his office has obtained a judgment against a group of companies that collected $900,000 in premiums to provide workers' compensation insurance to small businesses, and then failed to implement the coverage. The consent judgment, filed in St. ...Read More
Milliman Expands its European Presence 10/10/2005
State: NA | Segment: Business | 122 | 0
Milliman Inc. announced Friday that it has opened new offices in Munich and Warsaw. The move extends the scope of resources and expertise available to clients in Europe, where Milliman is already present in Italy, Spain and the UK, the company said in a release. The office...Read More
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