News Digest 8/22/2008
Twelve States Push Employers to Provide Paid Sick Days Some 46 million U.S. workers lack paid sick days, but lawmakers in 12 states, including California, Connecticut, Minnesota and West Virginia, …
Tagged in: states
News Digest 5/1/2008
Provider Notes Upward Trend in Pharmacy Spending by States The annual expenditure for pharmacy products paid for by state workers’ compensation systems increased 11.9 percent per injured worker last year, …
News Digest 11/6/2006
State Claws Its Way Up in Small Business Survival Index California slightly improved its small business environment in the past year, according to the Small Business Survival Index 2006. The …
Workers’ Comp Carriers Get No Bankruptcy Priority
The United States Supreme Court ruled that a workers’ comp carrier is not entitled to collect pre-petition premium as a priority creditor from a bankrupt policyholder. Industry experts differ on the material cost and effect on coverage, but only time will tell. The case, Howard Delivery Service, Inc. v. Zurich American Insurance Co., dealt with …
This content is only available to premium subscribers. Please login here log in
Insurance Carriers in the Black for Second Straight Year
California workers’ comp carriers’ after tax surplus has improved for the second straight year, according to data from the National Association of Insurance Commissioners, changing California from one of the least profitable markets in the nation to a profitable state. This according to the California Workers’ Compensation Institute. According to the data, California ranks 11th …
This content is only available to premium subscribers. Please login here log in