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Workers' Compensation News

FL: NCCI Stats Attacked; SB 50A & HB 25A 05/20/2003
State: Natl. | Segment: Top | 92 | 0
Florida trial lawyers have been successful in convincing the state Senate to pay for an independent actuary's "peer review" of the calculations that were previously the exclusive domain of the NCCI in calculating the cost of pending legislation. The ...Read More
FL Success on Work Comp Reform Unclear 05/19/2003
State: Natl. | Segment: Top | 52 | 0
The latest reports out of Florida is that the Legislature is still wrangling over the budget which is taking precedence over workers' compensation issues.The current special session is scheduled to conclude May 27, the day after Memorial Day, and it is unclear whether law makers are going t...Read More
Findlay to Leave US DOL to be GC at AON 05/19/2003
State: Natl. | Segment: Top | 38 | 0
United States Deputy Secretary of Labor, Cameron Findlay, announced Friday that he is leaving the department this summer to return to Chicago as executive vice-president and general counsel of Aon Corporation, one of the world's largest risk management, insurance services, and human capital consulti...Read More
Financial Firm Says Argonaut a "Strong Buy" 05/16/2003
State: Natl. | Segment: Top | 67 | 0
Financial analysis reporting service, New Ratings, said yesterday that analyst C Gregory Peters of the Raymond James firm in Florida announced a "strong buy" rating on the Argonaut Group, Inc (AGII).Argonaut closed yesterday a fraction a...Read More
FL Gov Bush Adds W/C to Special Session Agenda 05/16/2003
State: Natl. | Segment: Top | 76 | 0
Florida Gov. Jeb Bush formally added workers' compensation reform to the special session agenda Thursday. HB 25A is scheduled for vote today as a result of the addition by Bush to the a...Read More
FPIC Reports $2.8M Income Compared to 02 Loss 05/15/2003
State: Natl. | Segment: Top | 112 | 0
FPIC Insurance Group, Inc. ("FPIC") (Nasdaq Symbol: FPIC) yesterday reported net income of $2.8 million, or $0.29 per diluted share, for the first quarter 2003, compared to a net loss of ($26.7) million, or ($2.81) per diluted share, for the first quarter of 2002. The first quarter 2002 net loss inc...Read More
FL House Adds Work Comp to Special Session 05/14/2003
State: Natl. | Segment: Top | 62 | 0
Action on Tuesday in the Florida Legislature saw the House add workers' compensation reform to the special session agenda and a committee began taking testimony on the issue, House Republicans were thwarted in their attempt to add the issue to the special session on Monday as they were unabl...Read More
FL House Committee May Take Up Comp Today 05/13/2003
State: Natl. | Segment: Top | 61 | 0
The Florida Legislature convened yesterday in a special session on a new state budget and House leaders began work on workers' compensation as well. The special session is scheduled to run through May 27. This became necessary when the 2003 regular session ended May 2 without passage of a $...Read More
FL Special Session Starts Today; Work Comp Fix? 05/12/2003
State: Natl. | Segment: Top | 53 | 0
The Florida Legislature begins a two-week special session today. The primary goal is to complete the $52 billion budget and it is hoped that the group will also be able to tackle the state's workers' compensation issues. It will take a two-thirds vote of each house to review any le...Read More
FL Police Captain Cleared of Work Comp Fraud 05/09/2003
State: Natl. | Segment: Top | 101 | 0
A Florida police captain is free of charges that were brought in federal court alleging workers' compensation fraud. U.S. District Judge Jose Martinez signed a prosecution request dropping an indictment against Robert Anthony Biondolillo, formerly captain of the Sunrise police force. The cha...Read More
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