Workers Comp

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AIG expects tighter property insurance market; reports results

Excess property insurance buyers should expect higher deductibles and related tightening in terms and conditions this year, American International Group Inc.’s top executive said Thursday. Speaking on a conference call with analysts to discuss the insurer’s fourth-quarter 2022 results, Chairman and CEO Peter Zaffino said: “In excess and surplus lines property I expect to see …

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N.Y. provided ‘very modest’ support for workers with COVID: Study

New York’s workers compensation system provided only limited support for essential workers who contracted COVID-19, according to an abstract of a study published in the Journal of Occupational and Environmental Medicine. Researchers analyzed COVID-19 claims from workers at nursing care facilities and compared them with recorded nursing home staff COVID-19 infections and deaths reported to …

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States urge swift action on OSHA heat safety rule

Attorneys general from six states have petitioned the Occupational Safety and Health Administration to take swift action to implement national heat standards for indoor and outdoor workers. OSHA in October issued an advance notice of proposed rulemaking to start accepting comments from stakeholders about the pending rules. The notice followed President Joe Biden’s announcement that the federal …

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Contractors turn to wearable devices to monitor safety at worksites

Among the various technologies used by the construction industry to help improve worker safety, so-called wearables have attracted significant interest. “We’ve got a lot of clients and prospects who are trying to experiment with some of these things,” said Boston-based Tom Grandmaison, executive vice president and manager of construction at Willis Towers Watson PLC.  Examples …

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First responder PTSD presumption bill filed in New Mexico

Police and emergency medical services first responders would have a presumptive workers compensation injury if they get diagnosed with post-traumatic stress disorder relative to a workplace incident under proposed legislation filed by New Mexico lawmakers Tuesday. New Mexico House Bill 427 would create a presumption that post-traumatic stress disorder is proximately caused by employment for …

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