News

ORLANDO, FLA.--Unconventional threats to the workers' compensation system, ranging from Medicare system red tape to recession problems to employers liability difficulties, are multiplying, experts said at an industry conference here.

American International Group will pay its new chief executive more than the $1 its embattled former CEO agreed on when he took the job at the behest of the U.S. government last year.

ORLANDO, FLA.--A trio of experts here explaining predictive modeling said that while it won't replace knowledgeable insurance adjusters and underwriters, it is the wave of the future for the workers' compensation industry.

The alternative risk transfer industry is eyeing compromise proposals for health care cooperatives as a substitute for the "public option" in health care delivery overhaul legislation, as an opportunity for the industry.

ORLANDO--Three organizations were honored today as winners in the third annual "National Underwriter Award For Excellence in Workers' Compensation Risk Management" program, sponsored by NCCI.

ORLANDO, FLA.--Terry Fleming, Risk and Insurance Management Society vice president, told an industry conference here that federal legislation is needed to standardize the payment of workers' comp awards.