- Several states seek workers comp rate hikes for 2014
As states across the country analyze workers compensation costs, officials in several states are reviewing requests for rate hikes.
- Predictive modeling pits work comp insurers against self-insured groups: Panel
CHICAGO — Predictive modeling among workers compensation insurers is presenting a challenge to self-insured groups, who are facing off with insurers that are offering increasingly competitive pricing, according to panelists who spoke Tuesday at the…
- California rating bureau may recommend 8.6% workers comp rate increase
California’s Workers’ Compensation Insurance Rating Bureau is expected to propose an 8.6% pure premium rate increase effective Jan. 1, 2014, subject to the approval of its governing committee, which meets on Wednesday.
- Illinois guaranty fund must pay claim after work comp insurer liquidated
The Illinois Insurance Guaranty Fund is on the hook for a costly claim after the liquidation of a self-insured employer’s excess workers compensation insurer, a divided Illinois’ Supreme Court ruled Friday.
- AIG faces workers comp litigation from employers
American International Group Inc. could face numerous lawsuits from employers who say the insurer caused them to pay inflated workers compensation-related costs by underreporting its comp premiums, according to attorneys in two such cases against AIG.
- Risk managers strive to teach actuaries about workers comp claims management
DANA POINT, Calif. — Risk managers can influence the actuarial reports that affect their company’s bottom line by educating their actuaries and implementing favorable claims management practices, risk managers said.
- Curtailing prescription opioids puts doctors at risk from violent patients
As doctors treating workers compensation claimants curtail prescribing opioid pain medications, some physicians are facing more threats from patients addicted to or illegally selling the drugs.
- American obesity rates unchanged from last year at 35%
Almost 35% of American adults are obese, a statistic that remains unchanged from a year earlier, according to Centers for Disease Control and Prevention data updated on Thursday.
- Workers comp insurer must pay prescription drug repackager: La. high court
A workers compensation insurer must pay a prescription drug repackaging company for physician-dispensed medications because Louisiana law allows claims to be assigned to a third party for payment, the Louisiana Supreme Court ruled this week.