The Texas Workers' Compensation Commission has determined, pursuant to the authority and direction given under the Texas Workers' Compensation Act (Texas Labor Code, Section 401.023), that any interest or discount provided for in the Act shall be at the rate of 4.72 percent. This rate is com...Read More
TeamStaff, Inc. (Nasdaq: TSTF), a provider of healthcare staffing,
professional employer organization (PEO) and specialty payroll services, yesterday announced that it is consolidating the payroll administration activities of its PEO Division to its Clearwater, Florida, offices.
Insurers must begin planning now for the expiration of a federal terrorism insurance backstop program, even though there's no guarantee that reinsurance will be available if the federal backstop is allowed to expire as planned at the end of 2005. That warning was sounded by experts at the Annual Und...Read More
The Associated Press reports that the Tulare County courthouse has been closed because toxic mold was found there last month.AP reports that because of an ongoing problem with mold in the court house about 60 employees have filed work comp claims after dismissing their civil suits.Co...Read More
In an effort to reduce workplace injuries among Maryland teens the Injured Workers' Insurance Fund, the state's largest workers' compensation insurance company, developed a teacher's guide called: Train the Trainer: Safety for Young Workers.
The guide, which raises awareness about the alar...Read More
Texas employers are witnessing a workers' compensation system that is in trouble and on the verge of a major crisis according to the Insurance Council of Texas. Insurers say the driving factors are double-digit increases in medical payments and the increasing amount of time injured employee...Read More
The CompGroup AGC workers' compensation purchasing group will receive a group dividend from Texas Mutual Insurance Company of approximately $360,000, according to Texas Mutual President, Russ Oliver. The dividend, which still requires Texas Department of Insurance approval, will be the secon...Read More
Travelers Property Casualty (NYSE: TAP.A and TAP.B) received two achievement awards for its leadership position in the implementation of interface technology at the Applied Systems Client Network (ASCnet) annual conference in New Orleans. Applied Systems, Inc. recognized Travelers with its I...Read More
Austin-based Texas Mutual Insurance Co., a workers' compensation insurance provider, says it will continue paying dividends to qualifying policyholders despite the current difficult insurance market.
So far, Texas Mutual Insurance has paid more than 22,000 Texas employers a share of a $2...Read More
The Texas Workers' Compensation Commission has scheduled a public hearing for Wednesday, October 15, 2003. The Commission will take testimony on new and amended rules that were proposed at the August 20, 2003 public meeting. The proposed rules were published in the Texas Register on Septembe...Read More