Important Notice to Employers July 9, 2012 The national recession has led to record levels of unemployed workers receiving unemployment insurance benefits. As a result, New York State has borrowed over $4 billion from the federal Unemployment Insurance (UI) Trust Fund since 2009. New York must pay approximately $102 million in interest on these loans […]
Best solution for NCCI new experience rating split point change announced by Simon Feuer, President of Apex Services. Jul 09, 2012 – Apex Services is a leading provider of workers compensation premium recovery for Property Casualty Workers Comp brokers and employers nationwide and is pleased to announce our special program for the new experience rating […]
Workers compensation costs being covered by other sources Market experts dispute assumptions used in research Business Insurance – July 1, 2012 SACRAMENTO, Calif.—Researchers at the University of California Davis say nearly 80% of direct and indirect costs that could be covered by workers compensation insurance are being paid by private health plans, government insurance programs […]
by Jon L. Gelman An injured worker was denied benefits when an Arkansas Court admitted into evidence Facebook pictures that were posted on line showing him drinking and partying. The worker had alleged that as a result of a hernia, sustained at work, he was in excruciating pain. The trial court held that the evidence went to […]
Business Insurance – July 1, 2012 Rising medical costs, insurer profitability affect overall pricing Employers renewing their workers compensation policies likely will pay more for the coverage as claims costs rise and insurers' combined ratios deteriorate, experts say. Purchasers of primary and excess workers comp insurance are seeing price increases, mostly in the single-digit range, […]