Business Insurance August 5, 2012 An increasing number of U.S. employers seeking workers compensation insurance coverage are getting pushed into their states' markets of last resort as insurers walk away from riskier, less profitable accounts. The size of employers forced to turn to the workers comp residual market also is growing, experts said. Employers are […]

Business Insurance August 6, 2012 TRENTON—Exclusive remedy provisions prevent a New Jersey man from suing his workers compensation insurer over pain and suffering caused by its failure to pay his medical bills, the New Jersey Supreme Court has ruled. In a 4-1 ruling last week, the court said that New Jersey workers comp law prevents […]

Business Insurance July 26, 2012 The average duration of workers compensation temporary total disability claims benefits increased during the first half of 2011 in correlation with the struggling economy, according to a study by NCCI Holdings Inc. The Boca Raton, Fla.-based ratings and research organization said Thursday that the average duration for TTD indemnity benefits […]

July 11, 2012 hr.com Healthcare Employers Turn to Wellness Programs to Suppress Rising Costs In 2012, roughly two-thirds of healthcare employers experienced increases to their medical insurance premiums, according to the 2012 Compensation Data Healthcare survey results. The average increase reported by these organizations was 8 percent, down from 9.5 percent reported in 2011 and […]

Modified Ex-Mods Penalize Poor Risks Business Insurance – Roberto Ceniceros July 16, 2012 Employers with poor loss histories will pay even more for their workers comp coverage starting next year as most states change the way premiums are calculated. But policyholders with proven risk management practices and safety programs that reduce workplace injuries will benefit […]