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Insurance Journal - Rates for workers' compensation insurance continue to decrease in Louisiana based on a recent report from the National Council on Compensation Insurance (NCCI), according to Louisiana Commissioner of Insurance Jim Donelon. NCCI analyzes workers' compensation rates in 35 states.
Friday, July 23, 2010
Business Insurance - New York state has approved a workers compensation loss cost rate increase that averages 7.7%, the New York Compensation Insurance Rating Board said. The board said the workers comp rate hike, approved Friday by the New York State Insurance Department, is effective Oct. 1.
Thursday, July 22, 2010 - The Ohio Bureau of Workers' Compensation (BWC) will sponsor a continuing education course for medical providers and other professionals on the rehabilitation process for injured workers who have suffered the loss of a limb.
Tuesday, July 20, 2010
Insurance Journal - Property owners who hire independent contractors are not vicariously liable for on-the-job injuries to the contractor's employees, the California Supreme Court has ruled. The state high court extended the decision in Privette v. Superior Court (Privette doctrine) and said those injuries "are covered by workers' compensation insurance, the cost of which is generally included in the contract price for the project." According to court documents in Jeffrey Tverberg et al., v. Fillner Construction Inc., Fillner Construction Co. was the general contractor (GC) for the expansion of a commercial fuel facility operated by Ramos Oil Co. in Dixon, Solano County, Calif. To do its work, Fillner hired subcontractor Lane Supply, which delegated the work to Perry Construction Co., which then hired Jeffrey Tverberg.
Tuesday, July 13, 2010
National Underwriter - The Treasury Department's authority to preempt inconsistent state laws when concluding bilateral insurance trade agreements with foreign countries will be considerably watered down in final financial services reform legislation. House and Senate negotiators Wednesday approved final language on Title V of H.R. 4173 , which contains the bill's insurance provisions. The Senate and House negotiations resulted in the creation of a Federal Insurance Office (FIO) that will be housed within the Treasury Department.
Monday, June 28, 2010
Insurance Journal - The Supreme Court of Ohio has ruled that the Industrial Commission of Ohio did not abuse its discretion in including wages from a second job to calculate an injured worker's average and full weekly wages in determining temporary total disability compensation for an injury he sustained on the first job.
Thursday, June 10, 2010
Risk and Insurance - Case name:Hill v. LDA Leasing, Inc., No. CA09-955 (Ark. Ct. App. 03/31/10). Ruling: The Arkansas Court of Appeals upheld the Workers' Compensation Commission's finding that a truck driver's shoulder injury did not arise out of and in the course of his employment. What it means: While Arkansas courts have held that injuries sustained by employees during...
Friday, May 28, 2010
CNN - A BP official says a gusher of oil pouring from its damaged Gulf of Mexico well could be shut off as early as next week. BP Managing Director Bob Dudley said Thursday night the company will pump fluids into the well this weekend in the beginning of a process that -- if successful -- could lead to the leak finally being closed off in a matter of days.
Friday, May 21, 2010
Business Insurance - Transocean Ltd., owner of the Deepwater Horizon rig that exploded and sank last month, wants to limit its liability for the accident to about $27 million, according to a U.S. court filing Thursday. With analysts anticipating many years of legal jostling related to the Horizon disaster, which killed 11 workers, Transocean is seeking to set an upper limit on the damages that might arise from more than 100 lawsuits already filed against the company.
Monday, May 17, 2010
The New York Times - An explosion and fire on a drilling rig on April 20 left 11 workers missing and presumed dead. The rig sank two days later about 50 miles off the Louisiana coast. Since then, attempts to shut off the flow of oil streaming into the Gulf of Mexico have been unsuccessful and the search continues for a cause and for ways to prevent such blowouts in the future. Questions persist about who will be liable for damage from the spill and the risks to local wildlife.
Friday, May 14, 2010
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