Workers' Comp

Legislation proposed in some states that would bar workers’ compensation benefits for illegal immigrants could have the unintended consequence of incentivizing employers to hire such workers, an insurance group representative said.

U.S.-based multinational companies will likely benefit from an ongoing soft insurance market, as competition for a range of coverages for these companies is expected to continue through 2011, Marsh said in a recent report.

Brown & Brown, Inc. said its fourth quarter net income increased 36 percent over the prior year despite organic growth in commission and fees dropping 3 percent during the same period.

As Facebook and other sites expand their applications, those involved in the handling of claims and cases must be properly prepared to gain access to this vast library of individualized information for use in an evidential setting.

Reforms enacted seven years ago in Tennessee have helped to stabilize total costs per claim, according to a study by the Workers Compensation Research Institute.

The beginning of 2011 was much like the end of 2010 for the soft market, as rates continued to decrease moderately, according to MarketScout’s monthly barometer.