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FLASH REPORT: Workers’ Comp Rates To Decrease 1.2% Overall
Carrying out the wishes of its divided governing committee, the Workers’ Compensation Insurance Rating Bureau made its amended filing for January 1, 2013 advisory pure premium rates. The filing recommends…
MT: State insurer waits to see benefits from workers’ comp reform
A rare display of bipartisanship in the 2011 legislative session came with the passage of House Bill 334,a sweeping workers’ compensation reform package expected to cut costs by an average…
Draft model rule aims to amend state workers comp laws that address opioid prescriptions
An International Association of Industrial Accident Boards and Commissions committee posted a draft model rule Thursday for amending state workers compensation laws that address opioid pain medication prescribing. The document…
Advisory workers comp rate increase of 5% approved for Indiana
The Indiana Department of Insurance has approved a 5% increase in advisory workers compensation rates in the state for 2013, according to the Indiana Compensation Rating Bureau. The increase was…
Workers compensation pioneer Dr. Gary Franklin sounds opioid alarm
Years before risk managers learned that opioid prescriptions would become a workers compensation liability, Dr. Gary Franklin was reviewing death certificates to document that large doses of the narcotics were…
Calif. workers comp reforms prompts change to 2013 rate filing
California’s Workers Compensation Information Rating Bureau plans to amend its 2013 rate filing to recommend no rate increase for next year in light of recent workers comp reforms passed in…
Insurers unconvinced that Calif. law reforms will reduce workers comp costs
While recent workers compensation reforms in California aim to reduce costs for employers, insurers and claims handlers say they’re concerned the new law won’t do much to ease rising expenses.…