Tag: workers compensation news

Workers compensation official in Georgia steps down

georgia workers compensation

The head of the board in the state has announced that he will be resigning from his post. The state workers compensation board in Georgia has just announced that he will be stepping down from his position by the end of January 2013. This insurance news was released in the form of a letter of resignation written by the official. The letter was dated on Tuesday and stated that Rick Thompson, the lead official on the workers compensation board, would be leaving office before the start of February. This brings…

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Workers compensation marketplace in Florida retails solid standing

H. Cutner
Workers Compensation Insurance

The state’s insurance for injured employees remains strong despite weakness in other parts of the country. The annual report providing data on the condition of the workers compensation insurance marketplace in Florida has now been released, and it has shown that the market in that state is still holding strong and is maintaining its competitive status. This report was initially released on Wednesday to provide insight into this marketplace. It was issued by the Office of Insurance Regulation in the state. That office pointed out that the premiums that employers…

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Workers compensation payouts have exploded by 26 percent since 2007

Workers Compensation insurance

Over the last five years, the total amount of money received by injured employees in Oklahoma is way up. According to a Tulsa World review based on the cases that reached the Workers Compensation Court in Oklahoma over the last five years, the total amount of money that has been received by injured employees has skyrocketed by 26 percent. This has been a costly increase to employees and insurance companies during this time. The analysis showed that today’s employers and workers compensation insurance companies have had to pay out approximately…

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Doctors criticize California worker’s compensation fund contract

Ben Jones

Doctors and attorneys for injured employees have targeted the largest workers’ compensation fund carriers in California over a controversial change in the provider contract that has occurred within that state. State Compensation Insurance Fund is a nonprofit organization that provides the last resort worker’s compensation insurance.  Its most recent revisions to its new contract for the medical provider network (MPN) has received significant criticism since its implementation. State Fund continues to stand by the alterations that it has made, claiming that patients will find an advantage in the changes, which…

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