Hartford Financial Services Group Inc. on Friday reported first-quarter net income of $530 million, a 21% increase compared with the same period last year. The increase was attributed to a decrease in net realized losses and higher group benefits results, driven by lower group life mortality, among other things, company executives said during a conference …
Hartford reports 21% first-quarter profit increase Read More »
No surprise about this week’s No. 1 — the annual ranking of the highest-paid insurance executives. Source link
A former Walmart employee suing over a workplace shooting has a month to refile her complaint after a Virginia judge determined the case likely falls under the jurisdiction of workers compensation. Briana Tyler filed a $50 million lawsuit against Walmart Inc. after she was nearly shot in November by colleague Andre Bing during a …
Walmart shooting likely covered by comp, but plaintiff can refile suit Read More »
A Texas contractor has been cited by the U.S. Occupational Safety and Health Administration after a worker died during a trench collapse late last year. OSHA announced Tuesday the two repeat citations against Buffalo, Texas-based R Construction Civil LLC over the October workplace death, which occurred during excavation operations at a job site near the …
Shipping, transportation and warehousing companies were among the industries singled out by the National Council for Occupational Safety and Health in its annual list of unsafe employers. National COSH, in its report released Wednesday, also highlights that workplace fatalities are on the rise and that Latino and Black workers are dying on the job at …
Sedgwick Claims Management Services Inc. announced Wednesday the introduction of its artificial intelligence tool, Sidekick, a Microsoft OpenAI GPT-4 integration designed to improve workflow for insurance claims professionals. The platform is aimed at improving claims documentation speed and accuracy and will automate other routine tasks. It is Sedgwick’s first use case of GPT technology. …
Sedgwick unveils artificial intelligence tool Sidekick Read More »
Colorado lawmakers have introduced legislation that would make various changes to the state’s workers compensation system, including increasing legal fees in comp cases. House Bill 1076, filed on Tuesday, would increase workers comp contingent attorneys fees to a flat 25%. Currently, attorneys fees over 20% of the amount of contested benefits are presumed to …
Colorado bill would increase comp attorneys fees, make other changes Read More »
A reversal of a years-long trend that saw dips in drug use among injured workers, prescriptions in workers compensation inched up in 2022 with drug utilization per claim increasing 2.6%, costs per claim increasing 3.7%, and costs per prescription rising 1.1%, according to a report released Wednesday by Enlyte Group LLC. Enlyte, which provides comp …
Report finds slight increases in comp drug costs Read More »
An administrative law judge ruled employees at a Massachusetts behavioral health facility were not protected against workplace violence, the decision coming more than three years after the employer was cited by the U.S. Occupational Safety and Health Administration. OSHA announced the finding Tuesday that UHS of Delaware Inc. and UHS of Fuller Inc. failed to …
Behavioral health facility denied employees violence protection Read More »
A Watervliet, New York, woman was found swimming in workers compensation fraud after claiming she attended $26,983 worth of aquatic therapy at her local YMCA over seven years. Eunice Ting pleaded guilty to defrauding the U.S. Department of Labor, Office of Workers’ Compensation Program, and will be sentenced in August, according to CBS 6 in …