It's still too early to tell whether federal health insurance reforms are having any significant impact on workers' compensation costs. But it's fair to say that so far, some of the worst-case scenarios raised as the Affordable Care Act went into effect have not yet come to pass.
The ongoing recession has hit workers' comp carriers hard, causing nearly a quarter of the market's premiums to evaporate and cutting profitability by as much as half in the past two years, experts in the field reported here.
When the U.S. recession finally ends, workers' compensation systems will have to function in a "shrunken new normal" economy requiring cost cuts, one leading industry figure warned.
The New York Inspector General is investigating a whistleblower's allegations of widespread management misconduct at the state-run workers' compensation carrier, including questionable spending for
While presenting a generally rosy forecast of underwriting profitability for the property-casualty industry, the president of the Insurance Information Institute said he has growing concerns about
The study results announced Friday, which also included health insurers, was mandated by the Performance-Based Oversight process contained in 2005 comp reform legislation that also abolished the Texas
Every major piece of insurance legislation contains trade-offs that are designed to ensure that there is a level playing field between all the parties involved, no matter how adversarial the
Oriska Insurance Company, a small workers' compensation carrier being investigated for fraud by the FBI, remained under the control of the New York Insurance Department after a court proceeding yester