According to NCCI, Workers Comp Premiums Went Up for Second Year After several hard years, workers comp premiums went up for the second consecutive year, according to a survey conducted by the National Council on Compensation Insurance. Net written premiums for the US workers comp market increased 9% this past year, or $39.63 billion. This is a huge improvement over the cumulative 27% decline from 2006 to 2010. “By many measures, the industry condition is indeed improving,” said Steve Klingel, NCCI president and CEO."While we are pleased … [Read more...]
Archives for May 2013
Missouri Updates Workers Comp to Help Disabled Workers
May 24, 2013 by
Missouri Lawmakers Pass Legislation to Replenish Insolvent Worker’s Comp Fund On Thursday, May 16th, Missouri lawmakers gave final approval for a measure that would double fees charged to businesses so that they can replenish an otherwise insolvent fund meant for workers who need workers comp after becoming disabled on the job. The legislation currently waits for Governor Jay Nixon’s signature. If the legislation passes that final step of approval, then, in the next year, payments to disabled former workers who have waited a long time … [Read more...]
California Workers Comp Bill Updates Pass Assembly Vote
May 13, 2013 by
Bill Denying Workers Comp to Out-of-State Pro Athletes Passes Assembly A bill that changes California’s workers comp rules for out-of-state professional athletes passed a state assembly vote. It now passes to the Senate. The bill – AB1309, proposed by Assemblyman Henry T. Perea (D-Fresno) – changes the rules for professional athletes to file for workers comp in the state of California. The current “loop-hole” in California workers comp law allows retired professional athletes to file in the state – regardless of where they reside or which … [Read more...]
California Workers Comp Reform Bill Passes First Committee Vote
May 6, 2013 by
Amid Protests, New California Workers Comp Bill Gets Boost The controversial workers comp reform bill before California lawmakers received a thumbs-up on Thursday, April 24th. The new bill, AB 1309, proposes to change workers comp in California so retired, out-of-state professional athletes cannot file for workers comp simply because they have played one or two games in California. The bill is backed by 16 California teams, including the Lakers and the Dodgers, as well as several California lawmakers and insurance companies. The Assembly … [Read more...]
Michigan Bill Will Help Firefighters with Workers Comp
May 5, 2013 by
Workers Comp Bill Loosens Regulations For Firefighters’ Cancer Claims A new bill in the Michigan senate – Senate Bill 211 – proposes to loosen regulations for firefighters so they can file workers comp claims for certain types of job-related cancers. The bipartisan bill was introduced to the Michigan senate by Republican Tory Rocca, specifically to amend Michigan’s workers comp laws to allow firefighters to file a claim if they develop certain types of cancer, including respiratory, bladder, skin, and brain cancers. Firefighters would have … [Read more...]
