June 19, 2018

CA WCIRB Releases Report on California Earthquake Risk Assessment

Oakland, CA – The WCIRB recently announced the release of a comprehensive report quantifying the earthquake risk faced by California workers’ compensation insurers. The report, written in partnership with Risk Management Solutions, Inc. (RMS), a leading provider of catastrophe modeling analytics, was the product of a high resolution, big data earthquake analysis on a risk portfolio containing the policy and exposure data for $544 billion of business payroll insured by members of…[Continue Reading]

SAIF Hopes for Fewer Falls and More Fa-la-las this Season with New Videos

Salem, OR – ‘Tis the season for holiday hazards–from chestnuts roasting on an open fire to walking in a winter wonderland, safety risks are everywhere this time of year. That’s why SAIF has released two 360-degree videos to help remind Oregonians about small things that can add up to big trouble. The videos, where viewers try to spot holiday hazards, highlight home holiday safety risks and work holiday safety risks. “Most people know not to step on the top part of a ladder, or to remove tripping hazards…[Continue Reading]

Ohio Employers Receive $373,000 in Workplace Safety Grants

Columbus, OH – Sixteen Ohio employers will share $372,967 in grants from the Ohio Bureau of Workers’ Compensation (BWC) to purchase equipment designed to substantially reduce or eliminate workplace injuries and illnesses. “Ohio businesses recognize the value of investments in new safety tools and equipment that can protect their workers from injury,” said BWC Administrator/CEO Sarah Morrison. “Safe, healthy workers are key to a successful business.” BWC approved…[Continue Reading]

TX Companies Earn DWC Lone Star Safety Program Awards

Austin, TX – The Division of Workers’ Compensation recently recognized multiple companies for exemplary workplace safety programs and low rates of work-related injuries and illnesses. Lauren Concrete was honored for reaching those goals at their Brenham, La Grange, and Waller locations. Workers’ Compensation Commissioner Ryan Brannan presented the company with their Lone Star Safety Program Award. Lauren Concrete manufactures ready-mix concrete. Commissioner Brannan…[Continue Reading]

ProAssurance Announces Special and Regular Dividends Totaling $5.00 per Share

Birmingham, AL – The ProAssurance Corporation (NYSE: PRA) Board of Directors recently declared a special dividend of $4.69 per share and a regular dividend of $0.31 per share. Both will be paid on January 10, 2018 to shareholders who own our stock as of December 21, 2017. “The special dividend declared today underscores our unwavering commitment to both effective capital management and disciplined underwriting. While our preference would be to deploy capital in a prudent manner…[Continue Reading]

Safety National Awards 2017 Safety First Grant for Creative Risk Control Solutions

St. Louis, MO – Safety National awarded the annual Safety First Grant to three policyholders for their creative risk control solutions. The first-place grant, in the amount of $10,000, was awarded to Alliance of Schools for Cooperative Insurance Programs to purchase garbage can assistive lifting devices to alleviate injuries due to heavy lifting while emptying garbage cans into dumpsters. The second-place grant, in the amount of $5,000, was awarded to Capital Region Educational…[Continue Reading]

KS Insurance Commissioner Announces Workers’ Comp Insurance Rates to Decrease Again

Topeka, KS – Kansas Commissioner of Insurance Ken Selzer, CPA recently announced that many Kansas business owners will pay less for workers compensation insurance again in 2018, the fourth consecutive year of such decreases. “This rate decrease means that many Kansas companies will have more money to grow their businesses,” said Commissioner Selzer. “This happens because they will pay less to fund costs to cover medical claims costs and lost wages for job-related…[Continue Reading]

Ohio BWC Awards $406,000 in Grants to Protect Ohio Firefighters

Columbus, OH – Thirty-eight Ohio fire departments will share $406,270 in grants from the Ohio Bureau of Workers’ Compensation (BWC) under a new program to reduce firefighters’ exposure to toxic environmental elements. The fire departments (listed below) are the first in the state to receive funding under BWC’s new Firefighter Exposure to Environmental Elements Grant Program, which provides $2 million a year to help departments purchase safety gear and equipment designed to protect…[Continue Reading]

OSHA Awards $10.5 Million in Training Grants to 80 Nonprofits for Workplace Safety & Health

Washington, DC – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has awarded $10.5 million in one-year federal safety and health training grants to 80 nonprofit organizations nationwide. The funding through the Susan Harwood Training Grants Program will provide education and training to help businesses and workers address workplace hazards and adopt best practices for avoiding workplace injuries. The grants require recipients to focus on safety…[Continue Reading]

NSC: Young Safety Professionals Recognized for Extraordinary Contributions to Workplace Safety

Itasca, IL – The National Safety Council is proud to announce its eighth class of NSC Rising Stars of Safety, a group of future leaders dedicated to making workplaces safer. The 43 honorees have promoted a cycle of continuous improvement within their organizations and created initiatives focused on measureable outcomes. “Our Rising Stars are leading the way on safety by taking action every day,” said NSC President and CEO Deborah A.P. Hersman. “Protecting their coworkers means everyone can…[Continue Reading]

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