North Dakota’s only Indoor Football League team will stay on the sidelines this year because of high workers compensation premiums, according to The Forum of Fargo-Moorhead. The Bismarck Bucks team announced that it will forego playing this season because it can’t afford the premiums for medical coverage through the state’s comp program Workforce Safety & …
Football league team sidelined by high comp costs Read More »
Texas companies may soon be able to offer their employees a workers compensation plan with accident and health coverage on the same policy, potentially increasing the number of insured workers throughout the state. H.B. 351, filed Nov. 14, would allow workers compensation insurance companies to contract with their counterparts in accident and health insurance to …
Texas bill would allow bundling group health with work comp Read More »
A study on chronic lower back pain among veterans who have been taking opioids long term found that targeted management of medication resulted in better outcomes when compared with cognitive behavioral therapy, but that the results did not give a clear indication of which approach is better. Researchers who published their findings in the Journal …
Chronic pain study suggests meds management better than therapy Read More »
The maximum weekly benefit for injuries occurring on or after Jan. 1 will increase by 4.7%, the Nebraska Workers’ Compensation Court announced. The maximum weekly benefit will increase to $1,029 from $983. The minimum weekly benefit remains unchanged at $49. The maximum benefit rate equals 100% of Nebraska’s average weekly wage. The court said previous …
A poaching dispute between EPIC Insurance Brokers & Consultants and Fisher Brown Bottrell tops this week’s news. Source link
Lawmakers in Texas are considering a bill that would prohibit the use of experience modifiers in awarding contracts for public construction projects. H.B. 679, introduced Tuesday, addresses such ratings — known as “experience mods” — which are calculated taking into account a company’s workplace safety and loss prevention history. Experience mods, assigned to employers when …
Texas bill would prohibit loss-safety experience in public contracts Read More »
The California Workers’ Compensation Institute said temporary total disability and permanent total disability benefits will increase more than 5% next year due to an increase in the state’s average weekly wage. The latest data from the U.S. Department of Labor shows the average wage increased 5.159% to $1,651 in the first quarter of this year …
California comp benefits projected to increase more than 5% in 2023 Read More »
LAS VEGAS — While claim frequency in workers compensation has been flat for a decade, claim severity is increasing, and no industry is seeing it more than construction, according to panelists at the 42nd International Risk Management Institute Inc. Construction Risk Conference. “This is driven by medical advances,” said Mark Walls, vice president, communications & …
Rise in construction comp claims severity offset by flat frequency Read More »
COVID-19-related workers compensation claims fell last year compared with 2020, when the pandemic first hit the United States, but indemnity-only claims continued to represent the biggest share, a group of rating agencies said in a report released Tuesday. The average claim cost over the two-year period was $9,600, according to the report from the National …
COVID-19-related workers compensation claims fell last year compared with 2020, when the pandemic first hit the United States, but indemnity-only claims continued to represent the biggest share, a group of rating agencies said in a report released Tuesday. The average claim cost over the two-year period was $9,600, according to the report from the National …