workers’ compensation News
A.M. Best: Workers Compensation Numbers Improved in 2013
While workers compensation continues to face heavy competition and low investment returns, we have good news to tell you. The industry's combined ratio dipped nearly 12 percent from 2012 to 2013, ...
WCRI Study Looks at California’s Workers Comp Reforms
When California Senate Bill 863 took effect Jan. 1, 2013, it created several fee schedule changes in the California workers compensation system. The Workers Compensation Research Institute released a ...
Workers Comp Writers Using More Mobile Device Apps and Other Tech Advances
Workers compensation insurers are increasingly turning to mobile device applications and other technology innovations in their bid to remain a force in the industry and serve their clients, Novarica ...
AmTrust Closes Deal to Snatch Up Florida WC Insurer
AmTrust Financial Services has closed its purchase of a workers compensation insurer—a subsidiary of Blue Cross & Blue Shield of Florida (Florida Blue)—right according to plan. AmTrust still ...
Marijuana and Workers Comp
There are some who believe medical marijuana and the workplace are a potent mix just waiting to be stirred as increasingly more states approve the herb and its derivatives for medicinal use. Not only ...
Fighting Workers Compensation Fraud With New Strategies
Premium fraud and payroll misclassification have been big topics of discussion in workers compensation, especially after a recent report showed that New York City's construction industry cost the ...
Workers Comp Sector Approaches Profitability: Moody’s
Accident-year workers compensation profitability, excluding state funds, improved in 2013 to a combined ratio of 103—its lowest level since 2008—as a result of significant rate increases and the ...
Congress Urged to Help Miners with Black Lung Disease
A retired coal miner who suffers from black lung disease urged Congress last week to help clear a backlog of claims of fellow miners who have the disease. "I look to y'all to help us to get that ...