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
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
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
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
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
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
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
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