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Workers' Compensation News


 
Non-Profit Losses Property to UEF 02/19/2002
State: Natl. | Segment: Top | 23 | 0
The Sacramento Bee says that a workers' compensation claim from a car accident that occurred two years ago has put the non-profit Serve Our Seniors agency out of business, forcing it to sell its restored Victorian house to get out debt. The organization, based in Orangevale has put up for sale i...Read More
 
 
NAII Says Lack of Reinsurance a Problem 02/14/2002
State: Natl. | Segment: Top | 51 | 0
Both small and large workers' compensation insurers are experiencing unsettling challenges to their business thanks to the lack of reinsurance coverage in the wake of the September 11th terrorist attacks. The National Association of Independent Insurers (NAII) cautions that the lack of reinsur...Read More
 
 
NAII Letter to Davis Opposes AB 749 Due to Costs 02/12/2002
State: Natl. | Segment: Top | 23 | 0
In a letter to Gov. Davis, the National Association of Independent Insurers (NAII) notes that it recognizes the need for a boost in workers' compensation benefits levels, but that benefit increases must be in step with cost saving reforms. 'The huge costs in Assembly Bill 749 would hurt Califo...Read More
 
 
NY Names Top 10 Rotten Apples 02/12/2002
State: Natl. | Segment: Top | 23 | 0
In a continuing effort to educate the New York public on insurance fraud, the NY DOI announced the top 10 ...Read More
 
 
NY Sees Over 5,000 09/11 Claims Currently 02/11/2002
State: Natl. | Segment: Top | 72 | 0
A.M. Best reports that the New York State Workers' Compensation Board has received 5,358 claims arising out of 09/11 thus far, as of January 25. About 2,200, or 41% are death claims. 95% of the claims are accepted and not being contested. There is a portion of those claims being paid under a 1996...Read More
 
 
Nat'l Underwriter Says Crisis Looms w/o Backstop 02/11/2002
State: Natl. | Segment: Top | 23 | 0
The National Underwriter Company says that unless Congress enacts a federal backstop for terrorism losses there will be a crisis in the commercial insurance market. At a recent hearing before the Reinsurance Task Force of the National Association of Insurance Commissioners, representatives of ...Read More
 
 
NCCI Gets New Chief Communications Officer 02/11/2002
State: Natl. | Segment: Top | 49 | 0
Workers...Read More
 
 
NY Initiates New Form and Process for Med Claims 02/06/2002
State: Natl. | Segment: Top | 52 | 0
The New York Workers' Compensation Board Chairman Robert R. Snashall announced, Monday, that in a continuing effort to provide the swiftest and fairest resolution of workers' compensation claims, the Board has initiated a policy to intervene on behalf of claimants when authorization for requested no...Read More
 
 
New Form to Report Injuries Required in CA 02/04/2002
State: Natl. | Segment: Top | 29 | 0
Effective 01/01/02, but not released until 02/01/02, is a new form for reporting industrial injuries to the State of California. Cal/OSHA form 301 is to be used for any injury or illness which is reportable to the State on...Read More
 
 
New Mexico Exclusive Remedy Eroding 02/01/2002
State: Natl. | Segment: Top | 28 | 0
At a legislative briefing recently sponsored by the New Mexico chapter of the National Federation of Independent Business the cost and availability of workers' compensation was expressed as a top concern of small business owners. According to testimony, workers' comp premiums are rising and so...Read More
 
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