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Workers' Compensation News

Max Weekly Benefit Changing 10/1 in Conn. 09/26/2005
State: CT | Segment: Regulatory | 131 | 0
Connecticut's Labor Commissioner has set the state average weekly wage at $1,005, which will trigger a change in the maximum compensation rate for total disability on Oct. 1. Survivors of worker who died as a result of work injury or illness also are eligible for the total disability maxi...Read More
Mass. City Contractor Facing $115K Fine for Dig 09/23/2005
State: MA | Segment: Safety | 198 | 0
A North Reading, Mass., contractor faces $115,000 in penalties after an inspector observed workers in deep trenches that had no means of escape if the walls caved in. The U.S. Labor Department's Occupational Safety and Health Administration (OSHA) has proposed hefty fines against Revoli Co...Read More
Marsh Agrees to Reforms With Many States 09/22/2005
State: NA | Segment: Other | 109 | 0
More than 30 state insurance commissioners announced Wednesday a group settlement with Marsh & McLennan Cos. to reform its compensation and disclosure practices. The National Association of Insurance Commissioners (NAIC) announced that Marsh agreed to terms with more than 30 of its members....Read More
MEMIC Makes Top 50 Insurer List Again 09/21/2005
State: ME | Segment: Business | 194 | 0
Maine Employers' Mutual Insurance Co. (MEMIC) again has been ranked a top 50 property/casualty insurance company by the Ward Group. The Cincinnati-based management consulting firm placed MEMIC in its Ward's 50 Benchmarking Group, a listing of the top-performing property/casualty insurance c...Read More
Mo. Democrat Says Blame Republicans for Faulty Bill 09/21/2005
State: MO | Segment: Politics | 72 | 0
A Democratic lawmaker in Missouri said the state's workers' compensation system might be on the verge of collapse, but voters should blame Republicans, not Democrats. In a letter written to the editors the News-Leader newspaper in Springfield, Sen. Timothy P. Green, D-St. Louis, said Democr...Read More
Main Street Selects Guidewire Claims Software 09/21/2005
State: NA | Segment: Business | 197 | 0
Guidewire Software announced Tuesday that Main Street America has selected Guidewire ClaimCenter as its new claims processing system. ClaimCenter will support all lines of business and all phases of the claim process for the Jacksonville-Fla.-based leading property and casualty insu...Read More
Medical Board Says UR Regs Violate State Law 09/20/2005
State: CA | Segment: Regulatory | 90 | 0
The California Medical Board is objecting to utilization-review regulations proposed by the Division of Workers' Compensation because they would allow physicians who are not licensed in California to deny medical care recommended by doctors who are licensed in the state. An official with t...Read More
Md. Lawmaker Would Bar Illegals from Benefits 09/20/2005
State: MD | Segment: Politics | 82 | 0
A state lawmaker in Maryland told the Washington Times newspaper that he plans to introduce legislation next year that would bar illegal aliens from workers' compensation benefits. State Delegate Patrick L. McDonough said his decision follows a state Court of Appeals ruling last week that...Read More
Missouri Employers Mutual Reducing Rates 5% 09/20/2005
State: MO | Segment: Business | 63 | 0
Missouri Employers Mutual is reducing rates by an average of 5% on Jan. 1, the company announced Monday. MEM is the state's largest workers' compensation carrier, insuring more than 17,000 Missouri employers. The two major factors driving MEM's rate decrease are the company's ...Read More
Meadowbrook Raises $20M in New Capital 09/20/2005
State: CT | Segment: Business | 103 | 0
Meadowbrook Insurance Group (NYSE: MIG) announced Monday the company has raised approximately $20 million in a trust preferred pooled transaction through the sale of securities of its subsidiary Meadowbrook Capital Trust II. The securities are classified as long-term debt and have a flo...Read More
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