Court Okays Both WC, Insurance Benefits
Colorado High Court Rules Injured Can Pursue Both WC, Insurance Benefits The Colorado Supreme Court clarified that state law does allow compensation for on-the-job injuries from both workers’ compensation and their employer’s insurance company for the acts of an at-fault motorist. “…while an employee cannot pursue a remedy for an injury against an employer or […]
Court Rules Insurers Can Chase Settlements
Nevada Court Rules Subrogees Can Collect on 3rd-Party WC Settlements The Nevada Supreme Court has ruled that workers’ compensation insurance companies may assess the total proceeds of a third-party settlement with an injured worker, regardless of whether the proceeds are economic or noneconomic. In Amtrust North America, Inc. v. Vasquez, 2024 WL 4233423 (Nev. 09/19/24), […]
Safety Inspections Impact On Workers’ Comp
Safety Inspections Impact On Workers’ Comp New study finds workplace safety and health inspections had limited impact on a company’s workers’ compensation claim experience. Transportation firms, however, with more than one inspection did see a 28% reduction in claim rate two years after the inspection compared to firms that weren’t inspected. Study finds construction firms […]
Connecticut Sees Spike In Workplace Illnesses
Connecticut Sees Spike In Workplace Illnesses Connecticut reported a 21 percent jump in the overall rate of workplace illness from 2021 to 2022, to 50.6 cases per 10,000 workers. Musculoskeletal disorders were the largest group of workplace ailments in 2022, accounting for 41 percent of the reports. Workplace exposures to infectious diseases, such as HIV […]
Pennsylvania Court Opens Door to Civil Suits
Pennsylvania Supreme Court Opens Door to Civil Suits Against WC Insurers The Pennsylvania Supreme Court has opened the door for medical providers and others involved in the workers’ compensation system to go outside that system to hold employers and insurers accountable when they violate state law and their contractual obligations by not paying for […]
Claims Rise Only Partly Behind Drug Spend Jump
More Claims Only Partly Behind WC Drug Spend Increase: CompPharma Total workers’ comp pharmacy spend in 2023 was between $2.85 billion and $3.1 billion, with a best guess estimate of $3 billion, according to CompPharma’s annual review. The small increase from 2022 is significantly lower than other estimates, but extensive analysis supports it, the […]
Texas Mutual Sets $350M Payout
Texas Mutual Sets $350 Million Dividend Texas Mutual Insurance Company will pay out a $350 million dividend this year to an estimated 69,000 Texas business owners. The group represents approximately 90% of Texas Mutual’s policyholders, according to the insurer’s statement. It provides coverage to 41% of the market, comprising more than 77,000 companies This […]
NCCI September Labor Report Shows August Bounce
NCCI Releases September 2024 Labor Market Insights Report The National Council on Compensation Insurance (NCCI) has released the latest edition of its Labor Market Insights report. It provides a monthly overview of key labor market statistics and potential impact on workers’ compensation. Employment gains bounced back in August after a soft July, but they […]
Insurers Add NY WC Firm to RICO Fraud Suit
Insurers NY RICO Suits Allege Widespread Fraud by NY Law Firms MGA Tradesman and its parent company, Roosevelt Road Re, has filed a lawsuit under the Racketeer Influenced and Corrupt Organizations Act in the U.S. District Court for the Eastern District of New York against several New York plaintiff personal injury firms alleging that […]
NY’s SIF, Farm Bureau Set 45% Policy Dividend
NY Farm Bureau, NYSIF to Return 45% Dividend for WC Policies The New York Farm Bureau, together with the New York State Insurance Fund, will return a 45% dividend to its eligible Safety Group 486 members for their workers’ compensation policies. That is a 5% increase over last year’s dividend. Eligible Safety Group 486 […]