Workers' Comp

The Montana Supreme Court has upheld a Workers' Compensation Court ruling that a man mauled while feeding the bears at a tourist attraction should be covered by workers' comp, despite the fact the man had smoked marijuana on the day of the attack.

Nearly 150 people died 100 years ago during a fire at a garment factory in New York City. From their deaths was born workers’ compensation insurance and safety reforms still used by property insurers today.

More changes are in the works regarding Medicare secondary payer rules and workers’ compensation.

In the wake of a magnitude 9.0 earthquake that struck Japan on March 11, with insured-loss estimates reaching as high as $35 billion, analysts and rating agencies fell on either side of the debate about whether the event will cause a turn in the long-running soft-market cycle.

Legislation has been introduced in the House that would clarify industry reporting requirements under an existing controversial law that requires reimbursement to Medicare for payments made to people who are also paid later through workers' compensation or liability claims.

Many agents are not fully aware of the enormous influence the experience modification plays and, more importantly, how to help a client manage it to the lowest permissible point. Here’s a checklist that can help agents better serve their clients.