Tampa, FL (Vocus/PRWEB) – myMatrixx announces that Christy Foster has joined the company as Director of Talent. Ms. Foster brings more than 10 years of experience within the realm of recruitment, employee relations, training and benefits for the service and entertainment industries. She will be responsible for continuing our focus as a customer centric organization… [Read more]
Workers' Compensation
Nevada Lowers Workers’ Comp Costs 3.9%
(Insurance Journal) – Nevada Insurance Commissioner Brett Barratt has approved a filing for an average decrease of 3.9 percent for Nevada workers’ compensation voluntary insurance loss costs and an average decrease of 2.2 percent for workers’ compensation insurance assigned risk rates. Loss costs are the expected costs of medical and wage loss benefits including… SOURCE:… [Read more]
Bolt Insurance Agency Leverages SeaPass’s Insurance Portal Technology to Power InsuranceEdge.com, the Industry’s First National Direct to Consumer Real-Time Commercial Lines Portal
NEW YORK–(BUSINESS WIRE)–BOLT Insurance Agency (www.boltinsurance.com), a technology enabled eAgency, and SeaPass Solutions, Inc. (insuranceportal.seapass.com), a leading independent provider of web-based insurance distribution solutions to the property and casualty (P&C) insurance industry, today announced that BOLT has deployed SeaPass’s Insurance PortalTM 3.0 to enable InsuranceEdge (www.insuranceedge.com), an easy-to-use integrated offering announced by American Express OPEN… [Read more]
Employers Holdings Announces Management Change
RENO, Nev., Jan. 19, 2011 /PRNewswire/ — Employers Holdings, Inc. (NYSE: EIG) announced today that the Company and Martin J. Welch have mutually agreed to the separation of his employment as the Chief Operating Officer and President of Employers Insurance Company of Nevada and the Company’s other subsidiaries, effective February 1, 2011. At the present… [Read more]
New NCCI Workers’ Compensation Financial Update Newsletter Published
The decline in net written premiums for workers compensation is projected to continue this year, according to NCCI’s latest Financial Update newsletter. Among other findings: The net combined ratio for workers compensation is projected to show little change in 2010 On average, the approved WC bureau rates/loss costs decreased in 2010 Residual market premium continues… [Read more]
U.S. Physical Therapy Introduces Workers Compensation and Disability Initiative Fit2WRK™
HOUSTON–(BUSINESS WIRE)–U.S. Physical Therapy, Inc. (NasdaqGS: USPH), a national operator of outpatient physical therapy clinics, announced that it has successfully launched a workers compensation and disability initiative called Fit2WRK. Fit2WRK provides an integrated solution for the management and prevention of injuries in the workplace. Through Fit2WRK, U.S. Physical Therapy has secured a number of network… [Read more]
Washington Dept. of L&I’s Fraud-fighting Program Collects $137 Million
UMWATER — The fight against fraud by the Department of Labor & Industries’ Fraud Prevention and Compliance Program brought in $137.4 million in 2010. The total, detailed in L&I’s annual report to the legislature, Targeting Fraud and Abuse, includes payments from employers for delinquent or falsely reported premiums. It also includes recovered payments to injured… [Read more]
Gen Y Poised to Fuel Small Business Growth in Next Five Years According to EMPLOYERS® National Poll
Poll provides insight into how Gen Y wants to do business with insurance companies RENO, Nev., Jan. 18, 2011 /PRNewswire/ — Nearly half (46 percent) of Generation Y say they plan to start their own business in the next five years, according to a national poll commissioned by EMPLOYERS®, America’s small business insurance specialist®. Amid… [Read more]
Montana Bill Would Cut Workers’ Comp to Illegal Aliens
(Insurance Journal) A Montana lawmaker has proposed reducing the cost of state workers’ compensation insurance by prohibiting illegal immigrant workers from collecting benefits when they are injured. House Bill 71, sponsored by Rep. Gordon Vance, R-Bozeman, would require a workers’ comp insurer to develop a verification process to determine if an injured employee… SOURCE: Insurance… [Read more]
Texas Division of Workers’ Compensation Announces December Enforcement Actions
AUSTIN, TX – Commissioner of Workers’ Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC). The final actions include orders related to violations of the Texas Labor Code and rules promulgated by the Commissioner of Workers’ Compensation. Copies of Commissioner of Workers’ Compensation orders… [Read more]