December 15, 2017

SC WCC Posts 2012 Maximum Weekly Compensation Rate

South Carolina Workers Compensation Commission

South Carolina – At the Business Meeting on December 19, 2011, the Commission approved the maximum weekly compensation rate at $725.47 for injuries arising on and after January 1, 2012. The South Carolina Department of Employment and Workforce certified the average weekly wage July 1, 2010… [Continue Reading]

Michigan Workers’ Comp Agency Posts 2012 Maximum Rate and Weekly Benefit Tables

Michigan State Seal

Michigan – The Bureau of Labor Market Information & Strategic Initiatives has reported the state average weekly wage as of June 30, 2011 to be $860.34. In accordance with Section 418.355(2) of the Workers’ Disability Compensation Act, the 2012 maximum weekly benefit based on 90% of… [Continue Reading]

WorkCompRecap: Sticking Around!

Today’s issue of WorkCompRecap features some “People on the Move” news occurring over at Missouri Employers Mutual (MEM) as they announce that previous interim MEM President and CEO Jim Owen has been promoted to the position officially. While serving in the interim role… [Continue Reading]

CompLines: 12/28/11

CompLines is a daily set of pertinent links that we believe will be of interest to our readers, and is served as a tasty side-dish to WorkCompWire News. New powerful painkiller has abuse experts worried MSNBC/AP Judge gives final approval to $450 million AIG workers comp settlement Business Insurance State Fund to cut 15% of… [Continue Reading]

Missouri Employers Mutual Names Owen CEO, Heeter Board Chair

Missouri Employers Mutual

Columbia, MO — The Board of Directors of Missouri Employers Mutual today announced several key actions regarding the leadership and direction of the independent public corporation. Those actions include: The promotion of Interim MEM President and CEO Jim Owen to President and CEO; The election of Judy Heeter as Chair of… [Continue Reading]

Ohio BWC Awards Over $207k in November to Support Workplace Safety

Ohio Bureau of Workers Compensation

COLUMBUS – The Ohio Bureau of Workers’ Compensation (BWC) awarded 10 businesses safety intervention grants totaling more than $207,000 during November to make Ohio workplaces safer. BWC designed the Safety Intervention Grant Program to assist Ohio employers in reducing illness and injuries, and create… [Continue Reading]

KRG Capital Partners Completes Sale of Avizent

KRG Capital

DENVER–(BUSINESS WIRE)–KRG Capital Partners (KRG), a Denver-based private equity firm, completed its sale of Avizent to York Risk Services Organization, Inc., a portfolio company of ABRY Partners. The transaction closed on December 15, 2011. The all cash sale represents KRG’s third successful exit in its $715 million… [Continue Reading]

WorkCompRecap: Report Cards & Ratings!

Today’s edition of WorkCompRecap comes back strong from a long holiday weekend, featuring the Work Loss Data Institute (WLDI)’s release of its 2012 State Report Cards for Workers’ Comp, which now includes 10 years of data from ’00-’09. Based on OSHA recordable injuries, the report cards seek to… [Continue Reading]

2012 State Report Cards Released by Work Loss Data Institute

Work Loss Data Institute

ENCINITAS, Calif.–(BUSINESS WIRE)– Work Loss Data Institute (WLDI) announces the release of its 2012 State Report Cards for Workers’ Comp, now with 10 years of data, which is used to track trends and give states a grade and tier ranking based on their performance from 2000-2009. Forty-three states are covered… [Continue Reading]

A.M. Best Reviewing Ratings of Delphi Financial & Subs with Positive Implications

AM Best

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best Co. has placed under review with positive implications the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of the primary life/health insurance subsidiaries of Delphi Financial Group, Inc. (DFG) (NYSE: DFG). Concurrently… [Continue Reading]

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