Workers' Comp

It is too early to tell what will happen if the Terrorism Risk Insurance Program Reauthorization Act is not renewed, but some industry experts fear workers compensation could be the biggest source of claims in any future attack on U.S. soil.

Insurance rating agency A.M. Best Co. says 34 rating units failed a stress test to assess capitalization sans the federal terrorism backstop.

The Workers Compensation Research Institute has released a series of new studies measuring the performance of 16 different state Workers Compensation systems.

California Governor Jerry Brown has formally signed a bill limiting professional athletes from receiving workers compensation benefits in California if they live and play predominantly outside the state.

While bracing for the worst, property and casualty carriers with big medical components in their loss costsparticularly those covering workers compensationmight actually have good reason to hope for the best when the health insurance reform law, better known as Obamacare, is fully implemented.

When an employer is contracted with a PEO and a workers' comp. claim is filed, questions often arise as to whether appropriate insurance has been maintained, if there is documentary evidence to support the PEOs responsibility to defend the claim and even, sometimes, whether the PEO is fiscally solvent.