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Colorado Governor Wants to Privatize State’s Workers’ Comp Carrier

Insurance Journal

Jared Polis wants to spin off the state’s stake in Pinnacol Assurance, privatizing the workers’ compensation carrier of last resort to help it make more money and plug government budget holes. Colorado Gov. The big idea is that pulling up …

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Florida Appeals Court Upsets Applecart on Workers’ Comp Statute of Limitations

Insurance Journal

A recent decision and concurring opinion by a Florida appeals court may have upset years of practice and could raise costs for workers’ compensation insurers. Some claims that carriers were once ready to close out of due to the statute …

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Georgia Governor Reappoints Bahl to Workers’ Comp Board

Insurance Journal

Brian Kemp has reaapointed Neera Bahl to another term on the state Board of Workers’ Compensation. Georgia Gov. The three-member board, which includes Director Benjamin Vinson and Chairman Frank McKay, acts as the appeals panel, hearing appeals from administrative law …

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California Insurance Commissioner OKs Lower Workers’ Comp Benchmark Rate

Insurance Journal

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 …

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WCIRB Summarizes 2024 California Workers’ Comp Legislation

Insurance Journal

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 …

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Pinnacol’s EverPeak Workers’ Comp Coverage Expands Into South Carolina

Insurance Journal

EverPeak Insurance, a workers’ compensation insurer that specializes in hard-to-place industries and small businesses, has recently expanded into South Carolina. Vice President and Chief Operating Officer Vlad Stojanovic said the move will help address the difficulties that some employers face …

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‘Epidemic’ of Hidden Cams? SC Workers’ Comp Lawyer Sued After Arrest for Videos

Insurance Journal

Two months after his law license was suspended and he was charged with illicitly filming renters at his beach property, a South Carolina workers’ compensation attorney now faces a civil lawsuit by one of the alleged victims. The lawyer for …