Insurance News & Info

A proposal to privatize the only state-chartered workers’ compensation company is getting a cool reception from a special panel reviewing the plan. A straw poll of the task force on Tuesday showed more than half to be opposed or neutral. … View full post on Insurance Journal » News

Broad metrics of worker’ compensation costs show that Virginia is a lower cost state, largely due to a lower frequency of claims, according to a new report. But the report from the Workers Compensation Research Institute (WCRI) also found that … View full post on Insurance Journal » News

Reno, Nev.-based AMERCO (Nasdaq: UHAL) announced on Wednesday that following an internal review of its property and casualty subsidiary’s excess workers’ compensation business, Repwest will take a third quarter fiscal 2012 charge to strengthen its loss reserves. The additional reserves … View full post on Insurance Journal » News

Facing pressure from large dairies and feedlots desperate for workers, Kansas Agriculture Secretary Dale Rodman is seeking a federal waiver that would allow companies to hire illegal immigrants. Rodman has met several times with officials at the U.S. Department of … View full post on Insurance Journal » News

[Business Wire] – Women make up nearly half of the U.S. workforce, and while their incomes are vitally important to their families, they are less likely than men to protect that income with adequate life insurance coverage. View full post on Yahoo! Finance: Life Insurance Industry News

Workers Compensation Board of New York filed a lawsuit against rapper Jay-Z for allegedly failing to make workers’ comp payments worth $18,000 for his domestic employees, according to a report. Entertainment news site TMZ.com reported yesterday that the Board filed … View full post on Insurance Journal » News

Connecticut Gov. Dannel P. Malloy’s top lawyer says the state has evidence that nearly two dozen state workers fraudulently applied for federal food assistance after the remnants of Hurricane Irene hit Connecticut. Andrew McDonald, Malloy’s general counsel, told The Associated … View full post on Insurance Journal » News

Connecticut Gov. Dannel P. Malloy’s top lawyer says the state has evidence that nearly two dozen state workers fraudulently applied for federal food assistance after the remnants of Hurricane Irene hit Connecticut. Andrew McDonald, Malloy’s general counsel, told The Associated … View full post on Insurance Journal » News

View full post on Yahoo! Finance: Life Insurance Industry News

A Toledo, Ohio, man who treated injured workers without a medical license must repay the Ohio Bureau of Workers’ Compensation (BWC) more than $100,000 as a result of his sentencing for workers’ compensation fraud, the BWC reported. James E. Mann … View full post on Insurance Journal » News