Live Insurance News

Workers compensation board in Alaska moves to lower costs

June 25, 2013June 24, 2013 G. Turner

Last week, they were seeking input from the public in order to gain ideas to reduce the rising expenses. The Alaska Workers Compensation board reached out to the public last week to help them to build ideas and receive the input of residents to be able to more effectively manage the rising costs associated with the coverage. Meetings were held by the board members in Anchorage, Juneau, Fairbanks, and Kenai. The opportunity was taken in those locations to help to gain ideas to help to stem the rising costs associated…

Workers Compensation Bureau issues advice for National Safety Month

June 13, 2013June 11, 2013 Julie Campbell

Employees who work outdoors are reminded to pay attention to the risks to which they are exposed. As summer gets ever nearer, the Ohio Bureau of Workers Compensation (BWC) has issued a reminder to employees who work outdoors to recognize National Safety Month and take precautions against the various exposures to the elements that their jobs entail. The National Safety Month runs throughout the length of June and is sponsored by the National Safety Council. The workers compensation bureau in the state is reminding employees of the impact that issues…

Workers compensation omission leads to massive fine for Jim Carrey

June 4, 2013June 3, 2013 Julie Campbell

Jim Carrey - workers compensation insurance

The actor failed to obtain the insurance for the employees of his art studio and faces a $72,000 fine. Actor and comedian, Jim Carrey, has been fined $72,000 for his failure to obtain workers compensation insurance coverage for the employees who work at his art studio in New York. As the founder of the Church of FFC studio, Carrey is being sued by the New York state WCB. According to reports, the 51 year old celebrity founded the art studio in 2011 and is now the recipient of a lawsuit…

Ohio businesses may see major returns from workers compensation program

May 6, 2013May 6, 2013 Logan B.

Ohio Governor John Kasich - Workers Compensation Program

$1 billion in workers compensation dividends to be distributed in Ohio Ohio businesses may be receiving significant dividends from the state’s workers compensation fund this month. Governor John Kasich is keen to see funds returned to employers after returns from the workers’ compensation fund were higher than had been expected. These returns are now before the Ohio Bureau of Workers Compensation, which will determine whether they are necessary or not. If the agency approved of the dividends, more than $1 billion in funds could be returned to employers throughout the…

Workers compensation bill in Florida ready for Governor’s signature

May 4, 2013May 2, 2013 H. Cutner

Gov. Rick Scott will be the next one to review the legislation that is designed to lower costs. Florida has been facing considerable costs associated with providing workers compensation insurance to employees, and in the current economy, it is leading businesses and programs that are already strapped for cash to struggle even further. A bill to help to reduce the costs associated with providing employees with this insurance is headed to the Governor. The workers compensation bill has made its way through the Florida house, so it is now on…

Workers compensation law expansion considered by Connecticut police

April 25, 2013April 23, 2013 H. Cutner

The union in question is the one that responded to the shootings at Sandy Hook Elementary School. The union representing the police that responded to the Sandy Hook Elementary School shooting in December has expressed that it remains hopeful that changes will be made to the workers compensation laws in Connecticut in order to lengthen the benefits available to first responders. They are seeking this change for individuals struggling with mental illness after responding to such an incident. They feel that when first responders are involved in traumatic events such…

Workers compensation system in New Jersey to face reforms

April 24, 2013April 30, 2013

California Insurance Commissioner rejects workers compensation rate hike for the third time

The state governor has announced that he will be revealing a new plan to overhaul the coverage. Governor Chris Christie has just revealed his intentions to unveil a new plan that will considerably reform the workers compensation system that is currently in place within the state. The governor made his announcement on his monthly radio show appearance on NJ 101.5 FM. Christie explained that the reason he feels that the workers compensation overhaul is important is that neither employers nor the employees are adhering to the rules as they are…