December 15, 2017

TX Governor Names Alcantar Chair of Texas Workforce Commission

Texas State Seal

Austin, TX – Gov. Rick Perry has named Andres Alcantar of Pflugerville chair of the Texas Workforce Commission effective May 1, 2012, for a term to expire at the pleasure of the governor. The commission oversees and provides workforce development services to employers and job seekers throughout the state… [Continue Reading]

A.M. Best Revises Outlook to Negative for Kentucky Employers’ Mutual Insurance

AM Best

Oldwick, NJ -(BUSINESS WIRE)- A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Kentucky Employers’ Mutual Insurance (KEMI) (Lexington, KY). The revised outlook for KEMI largely reflects the greater uncertainty of its operating performance… [Continue Reading]

WorkCompRecap: Acquisitions & Appendices!

Today’s issue of WorkCompRecap features some acquisition news as Managing General Agency K2 Insurance Services recently announced that they have acquired a majority stake in Midwestern Insurance Alliance, a Louisville based MGA focused on worker’s compensation for the transportation industry. With the added capital, Midwestern plans to… [Continue Reading]

CompLines: 3/28/12

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Possible cuts in workers’ compensation cause concern Washington Post – Post Politics Follow the money CID Review Getting MSAs Right: Rationalization Before Settlement Evidence Based Editor’s Note: These links lead to outside news sources. We check all… [Continue Reading]

K2 Insurance Services Acquires Majority Interest in Midwestern Insurance Alliance

K2 Insurance Services

San Diego, CA–(BUSINESS WIRE)– San Diego-based managing general agency (MGA) K2 Insurance Services, LLC (K2) has acquired a majority stake in Midwestern Insurance Alliance, Inc. (Midwestern), an MGA based in Louisville, Ky. that underwrites workers’ compensation coverage, with a focus on the transportation industry… [Continue Reading]

OR DCBS Releases 2010 Occupational Injury and Illness Survey Tables and Appendices

Oregon DCBS

Salem, OR – The Oregon Department of Consumber and Business Services recently released its 2010 Occupational Injury and Illness Survey Tables, which summarize the results of the annual Occupational Injury and Illness survey conducted by DCBS in cooperation with the Bureau of Labor Statistics… [Continue Reading]

Mitchell Creates Partner Bridge With Universal SmartComp

Mitchell

San Diego, CA – Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries, today announced that the SmartAdvisor™ Partner Bridge is now available throughout Universal SmartComp’s physical medicine network. SmartComp is a national physical medicine… [Continue Reading]

New Leaders Speak!

Today’s issue of WorkCompRecap features the continuation of our “Leaders Speak” series with another installment from Tom Herndon, COO of Medata. You can read Tom’s new article at WorkCompWire… [Continue Reading]

CompLines: 3/27/12

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Legislation to privatize Maryland’s workers comp fund moves forward Business Insurance All Eyes (and Ears) on SCOTUS Evidence Based The insurance mandate will not be overturned Managed Care Matters Editor’s Note: These links lead to outside news… [Continue Reading]

Tom Herndon: Getting to the 20%

Tom Herndon

Medical expenses in workers’ compensation continue to climb even as the claims frequency falls. NCCI’s 2011 State of the Line report showed that medical losses grew at average annual rates of 8.9% between 1994 and 2001 and 6.7% between 2002 and 2009. Conversely, claim frequency declined by 4% in 2008 after a 2.7% drop in 2007, continuing a trend… [Continue Reading]

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