The Q2 2024 Ivans Index reveals an overall increase in premium renewal rates for major commercial insurance lines, with Workers’ Compensation as the exception, showing a year-over-year decrease.
Frances Hall, previously convicted of murdering her husband, avoids a second prison term after pleading guilty in a $9 million workers’ compensation fraud scheme.
After a decade of profitability, the US workers’ compensation insurance market faces new risks, requiring disciplined underwriting to maintain stability.
Adjusters in the insurance industry, particularly those working in property claims, are expressing significant frustration and burnout due to overwhelming workloads and unrealistic expectations.
California Insurance Commissioner Ricardo Lara has requested a comprehensive study from the WCIRB on workers’ compensation claims for silicosis, aiming to better understand and support affected workers.
The NCCI reports sustained profitability in private workers’ compensation insurance, with a combined ratio of 86 for the past two years and below 90 for seven consecutive years.
Recent research from the FIRST Center highlights significant differences in state workers’ compensation laws for first responders with mental health conditions, emphasizing the need for uniform presumption laws.
A Florida appellate court has ruled that Captain D’s LLC is entitled to fully collect on its workers’ compensation lien after an injured worker failed to prove she didn’t receive full value from her injuries in a third-party settlement.
Artificial intelligence is aiding insurers and employers in reducing workers comp costs by identifying difficult and fraudulent claims, but it remains a tool for claims handlers rather than a replacement.
Farmers Insurance responds to claims of understaffing and overworking made by an anonymous group of in-house adjusters, following a significant increase in claims and workforce reduction.
Democratic Gov. Daniel McKee signed a bill ensuring Rhode Island domestic workers receive the state minimum wage. Previously excluded, these workers will now earn at least $14 per hour, with an increase to $15 on January 1st.
SB 1299 proposes a rebuttable presumption for heat-related injuries among agricultural workers in California, potentially shifting legal and administrative burdens in the workers’ compensation system.
The First District Court of Appeal of Florida has reversed a workers’ compensation award in favor of Austin Sodders, a former pitcher for the Detroit Tigers.
The West Virginia Supreme Court ruled that a worker can pursue a civil lawsuit against third-party manufacturers despite a denied workers’ compensation claim, marking a significant victory for workers’ compensation plaintiff attorneys.