Insurance Journal

OCTOBER 8, 2024

California workers’ compensation written premium in 2023 was slightly above 2022, while written premium for the first six months of 2024 is 2% lower than the first six months of 2023, a new report shows. The Workers’ Compensation Insurance Rating …

Premium 263

Premium Workers Comp Compensation Workers Compensation Insurance 263

Insurance Journal

OCTOBER 6, 2024

The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on long COVID claims. That’s from a report by …

Workers Comp 272

Workers Comp Claim Compensation Workers Compensation Insurance 272

Insurance Journal

NOVEMBER 14, 2024

A Washington man is being charged in a felony in a $28,000 workers’ compensation scam after a trip the gym seemingly exposed him. Omid Mohammadi Dashti, 41, of Renton, was charged with one count of first-degree theft. He’s accused of …

Workers Comp 130

Workers Comp Theft Compensation Workers Compensation 130

Insurance Journal

OCTOBER 24, 2024

The owner of a Fresno, California-based for-profit vocational school was charged with engaging in fraudulent billing practices related to workers’ compensation. Paul Steve Ramirez, 59, was charged with 11 felony counts, including insurance fraud. The fraudulent insurance claims could reach …

Workers Comp 244

Workers Comp Compensation Insurance Claim Claim 244

Insurance Journal

OCTOBER 14, 2024

In one of the most pro-subrogation decisions in a generation, the Nevada Supreme Court has overnight turned Nevada into one of the most favorable states for workers’ compensation subrogation. With the stroke of a pen, the court in its Sept.

Workers Comp 244

Workers Comp Compensation Workers Compensation Liability 244

Insurance Journal

OCTOBER 21, 2024

1, 2025, the Division of Workers’ Compensation announced. California’s 2025 minimum and maximum temporary total disability rates will increase on Jan. The minimum TTD rate will increase from $242.86 to $252.03, and the maximum TTD rate will increase from $1,619.15 …

Workers Comp 271

Workers Comp Compensation 271

Insurance Journal

SEPTEMBER 19, 2024

A Washington man who claimed he was too injured to work while operating a metal fabrication shop faces a felony charge in an alleged $340,000 workers’ compensation scam. Travis Lee Johnson, 52, of Spokane Valley, pleaded not guilty recently to …

Workers Comp 261

Workers Comp Compensation Claim Workers Compensation 261

Insurance Journal

JULY 12, 2024

California Insurance Commissioner Ricardo Lara today issued a decreased pure premium rate for workers’ compensation insurance, lowering the annual benchmark rate from $1.41 per $100 of payroll— representing a 2.1% percent decrease from last year. The advisory rate …

Workers Comp 284

Workers Comp Premium Compensation Insurance 284

Mark Jackson Insurance Agency

APRIL 15, 2024

Worker Using an Angle Grinder by Anamul Rezwan Business owners have multiple types of insurance to protect them from a variety of financial and legal risks. They should also protect their employees with workers’ comp insurance. What Is Workers’ Comp? What Does Workers’ Comp Cover?

Workers Comp 52

Workers Comp Protection Workers Compensation Commercial Umbrella 52

Insurance Journal

AUGUST 22, 2024

The West Virginia insurance commissioner’s office has adopted a new policy: It will soon begin destroying workers’ compensation claim files that are 10 years old or older. “Given increasing cybersecurity concerns and the type of information contained in the closed …

Workers Comp 276

Workers Comp Cyber Compensation Risk 276

Insurance Journal

JULY 14, 2024

Projected changes to California workers’ comp claims frequency and severity due to industry mix of employment are negligible through 2026, while employment in most industries fully recovered from the initial pandemic related changes by the end of 2022, a new …

Workers Comp 212

Workers Comp Claim 212

Insurance Journal

JULY 17, 2024

Workers’ compensation claim rates and benefits paid in Minnesota continue to be stable or follow their long-term downward trajectories, a new Department of Labor and Industry (DLI) report shows. The 2024 Minnesota Workers’ Compensation System Report presents trend data regarding …

Workers Comp 249

Workers Comp Compensation Claim Workers Compensation 249

Insurance Journal

JULY 31, 2024

AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Stonetrust Commercial Insurance Company and Stonetrust Premier Casualty Insurance Company. Stonetrust is …

Workers Comp 267

Workers Comp Casualty Insurance Commercial Insurance Commercial 267

Joe Paduda

JUNE 20, 2024

We are finishing up our Annual Survey of Pharmacy Benefit Management in Workers’ Comp…here’s three findings from the 15+ we’ve done so far.

Workers Comp 130

Workers Comp 130

Insurance Journal

AUGUST 12, 2024

The South Carolina Court of Appeals has signaled that employers who offer on-site health clinics may not be immune from tort claims from injured or sickened workers. It’s the latest twist to a question that has bounced around courts and …

Workers Comp 255

Workers Comp Protection Claim Workers Compensation 255

Insurance Journal

AUGUST 25, 2024

FCBI, a self-insurance fund founded 45 years ago to provide workers’ compensation plans to Florida citrus growers, is expanding well beyond the Sunshine State with the acquisition of MidSouth Mutual Insurance Co. in Tennessee. MidSouth has been demutualized and has …

Workers Comp 265

Workers Comp Compensation Insurer Insured 265

Insurance Journal

AUGUST 29, 2024

Los Angeles area vocational school owner, Guillermo Frias, 65, of Paramount, and the school’s accounting manager, Yesid Colon, 54, of Baldwin Park, were arraigned following a California Department of Insurance investigation into allegations they submitted fraudulent claims to receive money …

Workers Comp 194

Workers Comp Claim Insurer Insured 194

Insurance Journal

OCTOBER 20, 2024

The Workers’ Compensation Insurance Rating Bureau is giving its take on bills passed and passed on by California Legislature this year. The Legislature recessed for the year and Gov. Gavin Newsom had until Sept. 30 to sign or veto any …

Workers Comp 130

Workers Comp Compensation Insurer Insured 130

Insurance Journal

JULY 29, 2024

The California workers’ compensation system has been relatively stable in the post-pandemic era, as premium levels rose by 1% in 2023 and are forecast to increase modestly in 2024—while decreases in average insurer charged rates are moderating, a new report …

Workers Comp 245

Workers Comp Compensation Premium Workers Compensation 245

AMAXX

SEPTEMBER 10, 2024

Michael Stack, CEO of Amaxx LLC, is an expert in workers’ compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers’ compensation costs by 20% to 50%. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

Workers Comp 79

Workers Comp Workers Compensation Compensation Injury 79

Insurance Journal

OCTOBER 16, 2024

A man banned for life from the California workers’ compensation system after being twice convicted of fraud was charged with billing nearly $100 million as part of an extensive workers’ comp fraud scheme. David Fish was charged along with a …

Workers Comp 276

Workers Comp Compensation Workers Compensation 276

Insurance Journal

OCTOBER 7, 2024

Migraine drugs represent a small percentage of prescriptions dispensed to injured workers in California, but they make up a larger share of workers’ compensation drug payments, a new report shows. Fewer than 1% of all prescriptions dispensed to injured California …

Workers Comp 245

Workers Comp Compensation Workers Compensation 245

Insurance Journal

AUGUST 13, 2024

decrease in workers’ compensation loss cost projections for the West Virginia voluntary market. The National Council on Compensation Insurance is recommending a 9.1% If approved by regulators, it would mark the 20th straight year of rate decreases for the state, …

Workers Comp 238

Workers Comp Compensation Workers Compensation Insurer 238

Insurance Journal

OCTOBER 2, 2024

The road construction firm that employed six workers who were killed and another who was seriously injured in the collapse of Baltimore’s Key Bridge, along with its workers’ compensation carrier, have filed claims against the owner and operator of the …

Workers Comp 202

Workers Comp Compensation Claim Insurance 202

AMAXX

OCTOBER 1, 2024

Michael Stack, CEO of Amaxx LLC, is an expert in workers’ compensation cost containment systems and provides education, training, and consulting to help employers reduce their workers’ compensation costs by 20% to 50%. Stack is the creator of Injury Management Results (IMR) software and founder of Amaxx Workers’ Comp Training Center.

Workers Comp 72

Workers Comp Claim Workers Compensation Compensation 72

Insurance Journal

SEPTEMBER 3, 2024

Annual workers’ compensation rate cuts in the double digits have become routine in almost every U.S. state in recent years. That trend may have now come to an end in Florida, where the National Council on Compensation Insurance is recommending …

Workers Comp 277

Workers Comp Compensation Workers Compensation Insurer 277

Insurance Journal

JULY 31, 2024

Written premium for the first quarter of 2024 was 3% lower than the first quarter of 2023, while written premium in 2023 was slightly above 2022, according to the Workers’ Compensation Insurance Rating Bureau of California. The WCIRB released its …

Premium 256

Premium Workers Comp Compensation Workers Compensation 256

Insurance Journal

JULY 14, 2024

By Allen Laman With temperatures pushing above 90 degrees in parts of the Midwest and Northeast United States, many American workers are clocking in during what AccuWeather described as an “intense heat wave that is impacting more than 135 million …

Workers Comp 130

Workers Comp 130

LexisNexis

OCTOBER 23, 2024

million Californians were prescribed opioids between 2017 and 2023, with workers’ comp patients accounting for 1.1% of the population), while the number of workers’ comp patients prescribed opioids fell 62% from 91,620 in 2017 to 34,744 in 2023. Key findings include: Nearly 22.3 of that total. million in 2017 (17.3%

Workers Comp 40

Workers Comp Workers Compensation Compensation Building 40

Insurance Journal

AUGUST 21, 2024

A 56-year-old former Washington State meter reader who claimed she was so traumatized from a workplace dog attack that she fainted at the sight of dogs has pleaded guilty in a workers’ compensation fraud case. According to a Washington State …

Workers Comp 233

Workers Comp Compensation Claim Workers Compensation 233

Insurance Journal

SEPTEMBER 12, 2024

Oregon employers will pay on average less for workers’ compensation coverage in 2025. The Oregon Department of Consumer and Business Services the decline in workers’ comp rate, which marks 12 years of average decreases in the pure premium rate. Employers …

Premium 147

Premium Workers Comp Compensation Workers Compensation 147

Insurance Journal

OCTOBER 15, 2024

in the year ending March 31, resulting in an increase in California workers’ compensation temporary total disability and permanent total disability rates for 2025 work injury claims and other workers’ comp benefits … California’s State Average Weekly Wage rose nearly 3.8%

Workers Comp 147

Workers Comp Injury Compensation Claim 147

Insurance Journal

OCTOBER 23, 2024

A California Workers’ Compensation Institute analysis opioid prescription data between 2017 and 2023 from the California Department of Justice’s Controlled Substance Utilization Review and Evaluation System builds on prior CWCI studies by tracking multiple opioid utilization metrics. The study examines …

Workers Comp 147

Workers Comp Compensation Building Workers Compensation 147

Insurance Journal

JULY 16, 2024

A Spokane, Washington woman who ran an adult family home while claiming she was too injured to work faces a felony charge in a $60,000 workers’ compensation fraud case. Serah Kamau, 52, reportedly operated her business, Brookhouse Adult Family Home, …

Workers Comp 198

Workers Comp Compensation Claim Workers Compensation 198

Insurance Journal

SEPTEMBER 10, 2024

The board of SAIF, a not-for-profit workers’ compensation insurer in Oregon, declared a $60 million dividend for their current policyholders. The funds will start being dispersed starting in October, with 51,288 policyholders receiving the dividend, which as determined based on …

Policyholder 147

Policyholder Workers Comp Compensation Workers Compensation 147

Insurance Journal

JULY 15, 2024

South Carolina lawmakers next year may be asked to revamp a workers’ compensation employment test that judges have relied on for more than 50 years, if the state Supreme Court has its way. The court last week said that a …

Workers Comp 246

Workers Comp Compensation Workers Compensation Injury 246

Insurance Journal

OCTOBER 20, 2024

The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term impacts on disability and long-term patterns of medical cost and treatment on long COVID claims. That’s from a report by …

Workers Comp 130

Workers Comp Claim Compensation 130