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Workers' Compensation News

A.M. Best Predicts Underwriting Profit for P/C Insurers 01/02/2008
State: NA | Segment: Business | 78 | 0
The U.S. property/casualty industry is expected to post an underwriting profit for 2007 -- marking only the third time this has happened since 1978, according to an A.M. Best Co. special report, “U.S. Property/Casualty 9-Month Financial Review.” ...Read More
AMA Guides Head Out to Stakeholders 12/28/2007
State: NA | Segment: Top | 305 | 0
The long-awaited 6th Edition of the American Medical Association (AMA) Guides to the Evaluation of Permanent Impairment left the publisher's warehouse en route to doctors, insurance companies, claims adjusters, regulators and a variety of other stakeholders in the workers' compensation syste...Read More
After 32 Years, Illinois WCC's Mail Room Supervisor Retiring 12/28/2007
State: IL | Segment: Regulatory | 24 | 0
Walter Bennett, supervisor of the file room and mail room at the Illinois Workers' Compensation Commission, will retire on Dec. 31, the commission announced Thursday.Bennett started his career at the Commission 32 years ago in the mail room and, after various promotions over the year...Read More
Atlantic American Selling P/C Unit to Columbia 12/28/2007
State: NA | Segment: Business | 77 | 0
Atlantic American Corp. announced Thursday that it has entered into an agreement to sell its regional property and casualty unit to Columbia Mutual Insurance Co. of Columbia, Mo.The sale includes Georgia Casualty & Surety Co., Association Risk Management General Agency and A...Read More
Assembly Bills 338, 1073 Top List of New Year Changes 12/27/2007
State: CA | Segment: Top | 372 | 0 | Popular with Legal
Though several major proposed workers’ compensation-related measures fell by the wayside in 2007, some others were signed by the governor. The two with perhaps the greatest impact on injured workers, according to some observers, are Assembly Bill 338 and AB 1073. AB 338 amends L...Read More
Attorney General Targets MRI Leasing Arrangements 12/26/2007
State: IL | Segment: Top | 147 | 0
Illinois Attorney General Lisa Madigan has refiled a civil lawsuit against MRI clinics that allegedly paid doctors kickbacks for patient referrals. The lawsuit focuses on leasing agreements involving doctors leasing time on imaging equipment for a discounted rate instead of pa...Read More
Agency Will Study Effects of Entergy Ruling on Rates, Coverage 12/26/2007
State: TX | Segment: Top | 520 | 0
The Texas Division of Workers’ Compensation reported the Department of Insurance will examine the outcomes of the Texas Supreme Court ruling in Entergy Gulf States, Inc. v. Summers, which held that premises owners can be general contractors for workers’ compensation purposes. ...Read More
Argo Group Restructuring U.S. and Bermuda Subsidiaries 12/26/2007
State: NA | Segment: Business | 78 | 0
Argo Group International Holdings is restructuring the organization of its U.S. and Bermuda subsidiaries at the end of the year, the company announced Friday. All U.S. subsidiaries of Argo will be wholly owned by one intermediate U.S. holding company. Argo will merge two intermediate Delaware h...Read More
Appeals Court Considering Second Bias Challenge to Apportionment 12/21/2007
State: CA | Segment: Top | 388 | 0 | Popular with Legal
For the second time in a month, the 3rd District Court of Appeal is considering an age- and gender-bias challenge to apportionment for a non-industrial condition – in this case, low bone density, or osteopenia. Lawyers on Monday made oral ar...Read More
Arch Completes Acquisition of Wexford Underwriting 12/21/2007
State: NA | Segment: Business | 183 | 0
Arch Insurance Group announced the completion of the acquisition of Wexford Underwriting Managers on Thursday. Arch Insurance Group entered into an agreement with Wexford on Jan. 1 to write excess workers' compensation business and Employers Liabil...Read More
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