workers compensation insurance News
Assaults Are Among the Most Common Workplace Injuries for Women
Women suffer 70 percent of all nonfatal assault-related injuries involving days away from work and are disproportionately impacted by other safety issues, according to an analysis by the National ...
Liberty Mutual’s Net Income Continues Rebound Momentum
Liberty Mutual Holding Company Inc.'s 2018 net income has rebounded in a big way over the previous year, thanks in part to fewer natural catastrophes and the sale of a division. Net income for Q2 and ...
ICW Group Expands Workers Comp Underwriting Operations Into 5 New States
ICW Group Insurance Companies plans to start writing workers compensation in five new states: Iowa, Kentucky, Maryland, Minnesota and Missouri. ICW, a group of property/casualty carriers based in San ...
Workers Comp in 2016: Record High Premiums, Slower Growth
The workers' compensation industry reported a record high $58.5 billion in direct premiums written in 2016 but year-after-year growth slowed for the first time in five years. Growth deceleration was ...
Liberty Mutual Wins Appeal in $3.6M ‘Guaranteed Cost’ Workers Comp Premium Suit
Liberty Mutual Insurance Co. has won a case against a company that refused to pay $3.64 million in additional workers' compensation premium after a payroll audit revealed it had more high risk ...
Wage-Loss Workers Comp Benefits Fall Short: WCRI Study
Adequacy of income benefits is one of the long-standing concerns about the performance of workers compensation systems. However, there is little known about whether income benefits (also called ...
Two Berkshire Hathaway Units Settle in California ‘Bait and Switch’ Insurance Probe
Two insurance units of Warren Buffett's Berkshire Hathaway Inc have agreed to lower their rates and provide more disclosures to settle claims that they overcharged small business owners in California ...
MEMIC Names Bourque, Its Longtime Communications Exec, as New CEO
The MEMIC Group named a longtime communications executive at the workers compensation specialty insurer as its new president and CEO. Michael Bourque will replace John Leonard as MEMIC's leader after ...