San Francisco, CA – In June, WCIRB President and CEO Robert G. Mike announced his retirement effective December 1, 2011 after 42 years at the WCIRB. At that time, the Governing Committee formed an executive search committee to recruit Mr. Mike’s successor. As this search process has not yet concluded… [Continue Reading]
Association, Rating & Research News
A.M. Best Affirms Ratings of Employers Holdings Inc. and Its Subsidiaries
OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of “a-” of Employers Insurance Group (EMPLOYERS) and its four property/casualty pooling members, Employers Insurance Company of Nevada, Employers Compensation Insurance Company… [Continue Reading]
Maine Bureau Approves Requested Decrease in Workers’ Comp Loss Costs
Augusta, Maine – Insurance Superintendent Eric Cioppa announced Thursday that the Bureau of Insurance has approved the National Council on Compensation Insurance’s (NCCI) request to decrease workers’ compensation loss costs in Maine by an average of…[Continue Reading]
IAIABC Strengthening Product Protection
Madison, Wisconsin – The IAIABC’s Electronic Data Interchange program continues to grow by leaps and bounds every year. There are 36 states currently using at least one of the IAIABC standards, with a number of additional states beginning the process of information-gathering and implementation, making the IAIABC EDI standards… [Continue Reading]
WCRI: Wisconsin’s Workers’ Comp System Had Highest Prices and Fastest Growth
Cambridge, MA (PRWEB) – According to a new study by the Workers Compensation Research Institute (WCRI), Wisconsin had the highest prices and they were growing most rapidly among the study states. The study, Medical Price Index for Workers’ Compensation, Third Edition (MPI-WC), show that the price for non-hospital services in Wisconsin… [Continue Reading]
WCRI: Medical Prices in Virginia’s Workers’ Comp System Continued Rapid Growth
Cambridge, MA (PRWEB) – According to a recent study by the Workers Compensation Research Institute (WCRI), Virginia had higher prices paid and faster growth compared to study states with fee schedule regulations. The study, Medical Price Index for Workers’ Compensation, Third Edition (MPI-WC), shows that the price for non-hospital services… [Continue Reading]
WCRI: Medical Prices and Growth in Indiana’s Workers’ Comp System Among Highest
Cambridge, MA (PRWEB) – According to a recent study by the Workers Compensation Research Institute (WCRI), Indiana had the third highest prices paid among the 25 states studied and growth nearly 30% over 9 years. The study, Medical Price Index for Workers’ Compensation, Third Edition (MPI-WC), shows that the price for non-hospital services… [Continue Reading]
IAIABC Testifying at Hearing to Review Exclusion of Work Comp From HIPAA
Madison, Wis., USA – On Nov 18 the IAIABC will be testifying before the National Committee on Vital and Health Statistics regarding the mandate for the Secretary of Health and Human Services to study the inclusion of workers’ compensation in the “administrative simplification” requirements that HHS applies to general health… [Continue Reading]
OSHA Issues Statement on Increase of nonfatal Injuries among Health Care Workers
WASHINGTON — The U.S. Department of Labor’s Bureau of Labor Statistics recently released detailed data on nonfatal occupational injuries and illnesses requiring days away from work in 2010. The incidence rate for health care support workers increased 6 percent, to almost 2 1/2 times the rate for all private and public sector workers… [Continue Reading]
SCIF Announces Rate Filings, Incentives for California Farm Bureau
VACAVILLE, Calif. /PRNewswire/ — State Compensation Insurance Fund today announced it has filed a new rating plan with the California Department of Insurance. The plan adopts the Workers’ Compensation Insurance Rating Bureau’s rate relativity adjustments for new and renewed policies effective… [Continue Reading]