Austin, TX – Texas Mutual Insurance Company recently paid $3.5 million in early qualifier dividends to approximately 3,200 newer policyholder owners across the state. This payout is the final component of the company’s $330 million record dividend distribution to more than 55,000 policyholders in 2019. Early qualifier dividend recipients are those who are already maintaining… [Read more]
Risk Management News
NSC Announces Amazon Sponsorship to Support Women in Safety
Itasca, IL – The National Safety Council recently announced it has received a $125,000 sponsorship from Amazon to support women in safety. The sponsorship will go toward bolstering three NSC initiatives: the Council’s Marion Martin Award, Women in Safety Scholarship program and Women’s Division. Although women make up nearly half of the U.S. workforce, they… [Read more]
Friedlander Group Announces NY Retailer Group Saves 51% on Workers’ Compensation
Purchase, NY -(BusinessWire)- Friedlander Group announces a 35% dividend paid to members of the Retail Group of New York Workers’ Compensation Safety Group #544. The 35% paid dividend is in addition to the 25% advance group discount clients have already received on their policies effective from March 1, 2018 – March 1, 2019. The combination… [Read more]
NIOSH Announces Competition for Artificial Intelligence Programmers
Atlanta, GA – The future holds much promise. The National Institute for Occupational Safety and Health (NIOSH), part of the Centers for Disease Control and Prevention (CDC), recently announced the start of an external crowdsourcing competition, exploring the use of artificial intelligence (AI) to automate data processing in occupational safety and health surveillance systems. The… [Read more]
NSC: No Level of Cannabis Use Acceptable for Those Working in Safety Sensitive Positions
Itasca, IL – Recognizing that safety concerns are paramount as decriminalization of cannabis continues in states throughout the U.S., the National Safety Council recently called on employers to restrict cannabis use for those in safety sensitive positions – regardless of whether cannabis consumption is allowed by their state. In a new policy position, NSC defines… [Read more]
WPT Power Corporation Earns TDI-DWC Safety Award
Austin, TX – The Texas Department of Insurance, Division of Workers’ Compensation (DWC) recently recognized WPT Power Corporation (WPT) for its exemplary workplace safety programs by renewing its Lone Star Safety Award. WPT, which operates in the mechanical power transmission industry, received its first Lone Star Safety Award in October 2017 for outstanding safety management… [Read more]
Salus Workers’ Compensation Acquires MGU & Wholesaler Method Insurance Services
Nashville, TN – Salus Workers’ Compensation, LLC, a regional managing general agent (MGA) and third-party administrator, recently announced that it has completed its acquisition of Method, LLC d/b/a Method Insurance Services, a full-service wholesaler and managing general underwriter (MGU). Method, which is headquartered in Omaha, Nebraska and has field offices in Arizona and Rhode Island,… [Read more]
US DOL Awards Susan Harwood Workplace Safety and Health Training Grants
Washington, DC – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) recently awarded approximately $10.5 million in Susan Harwood federal safety and health training grants to 79 nonprofit organizations nationwide. The grants will provide education and training programs to help workers and employers recognize serious workplace hazards, implement injury prevention measures and… [Read more]
US DOL Implements New Weighting System for Workplace Safety and Health Inspections
Washington, DC – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) recently announced that it has implemented the OSHA Weighting System (OWS) for fiscal year (FY) 2020. OWS will encourage the appropriate allocation of resources to support OSHA’s balanced approach of promoting safe and healthy workplaces, and continue to develop and support… [Read more]
Ohio BWC to Begin Mailing up to $1.5 Billion in Checks
Columbus, OH – The Ohio Bureau of Workers’ Compensation will start sending up to $1.5 billion in dividend checks to Ohio employers Sept. 26. Ohio Governor Mike DeWine and BWC Administrator/CEO Stephanie McCloud announced plans in May to provide the money to employers following strong investment returns, falling injury claims, and other agency cost savings.… [Read more]