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  Other Claims News

Lack of wet floor sign entitles New Mexico nurse to higher disability benefits
On Business Insurance - November 10, 2014

A New Mexico nurse who was injured when she fell on the job is entitled to an increase in disability benefits because her employer failed to post a “wet floor” sign, the state Supreme Court ruled.

Sara L. Benavides worked for Eastern New Mexico Medical Center as a registered nurse in 2006 when she slipped and fell on a wet floor, according to court records. She suffered compensable injuries to her right leg and hip, lower back, and neck.

Workers compensation insurers to see profit in 2014: NCCI
On Business Insurance - November 10, 2014

Workers compensation premiums are projected to grow 7% this year over 2013 to $39.3 billion as workers comp insurers see the first signs of profitability in eight years, the National Council on Compensation Insurance Inc. said Monday.

This year’s growth projections exceed a 4.5% increase in comp premiums between 2012 and 2013, the Boca Raton, Florida-based workers comp ratemaking agency said in its annual financial results update. 

Liberty Mutual net income up 26.6% in third quarter
On Business Insurance - November 10, 2014

Liberty Mutual Holding Co. Inc. and its subsidiaries posted net income of $609 million during the third quarter of 2014, a 26.6% increase over the same period a year earlier, the insurer reported Monday.

Both catastrophe losses and net incurred losses attributable to prior years dropped, as did loss on extinguishment of debt, according to the company.

California leads U.S. states in workers compensation costs
On Business Insurance - October 26, 2014

A biennial ranking showing that workers compensation rates have risen more in California, New York and New Jersey than other states could help drive workers comp reforms nationwide.

California had the highest workers comp rates of any state as of January, according to the 2014 Oregon Workers' Compensation Premium Rate Ranking Summary. The influential report, published earlier this month by the Oregon Department of Consumer and Business Services, shows California's workers comp premiums averaged $3.48 per $100 of payroll. 

More Other Claims News

October 2, 2014 - Allianz appoints new CEO to take helm in 2015

October 1, 2014 - L.A. pays millions as police and firefighter injury claims rise

September 10, 2014 - American Apparel settles unsafe workplace charges for 1 million dollars

September 10, 2014 - Missouri workers comp law bars negligence lawsuit against co-worker: Court

August 11, 2014 - With workers comp claim, sham bank-heist figure compounds the nerve

August 7, 2014 - Iowa Workers’ Comp Commissioner Godfrey to Resign

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