Workers compensation board in Alaska moves to lower costs

Workers Compensation Insurance

Last week, they were seeking input from the public in order to gain ideas to reduce the rising expenses. The Alaska Workers Compensation board reached out to the public last week to help them to build ideas and receive the input of residents to be able to more effectively manage the rising costs associated with the coverage. Meetings were held by the board members in Anchorage, Juneau, Fairbanks, and Kenai. The opportunity was taken in those locations to help to gain ideas to help to stem the rising costs associated…

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Workers Compensation Bureau issues advice for National Safety Month

workers compensation safety month

Employees who work outdoors are reminded to pay attention to the risks to which they are exposed. As summer gets ever nearer, the Ohio Bureau of Workers Compensation (BWC) has issued a reminder to employees who work outdoors to recognize National Safety Month and take precautions against the various exposures to the elements that their jobs entail. The National Safety Month runs throughout the length of June and is sponsored by the National Safety Council. The workers compensation bureau in the state is reminding employees of the impact that issues…

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Workers compensation omission leads to massive fine for Jim Carrey

Jim Carrey - workers compensation insurance

The actor failed to obtain the insurance for the employees of his art studio and faces a $72,000 fine. Actor and comedian, Jim Carrey, has been fined $72,000 for his failure to obtain workers compensation insurance coverage for the employees who work at his art studio in New York. As the founder of the Church of FFC studio, Carrey is being sued by the New York state WCB. According to reports, the 51 year old celebrity founded the art studio in 2011 and is now the recipient of a lawsuit…

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Ohio businesses may see major returns from workers compensation program

Ohio Governor John Kasich - Workers Compensation Program

$1 billion in workers compensation dividends to be distributed in Ohio Ohio businesses may be receiving significant dividends from the state’s workers compensation fund this month. Governor John Kasich is keen to see funds returned to employers after returns from the workers’ compensation fund were higher than had been expected. These returns are now before the Ohio Bureau of Workers Compensation, which will determine whether they are necessary or not. If the agency approved of the dividends, more than $1 billion in funds could be returned to employers throughout the…

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Workers compensation bill in Florida ready for Governor’s signature

workers compensation

Gov. Rick Scott will be the next one to review the legislation that is designed to lower costs. Florida has been facing considerable costs associated with providing workers compensation insurance to employees, and in the current economy, it is leading businesses and programs that are already strapped for cash to struggle even further. A bill to help to reduce the costs associated with providing employees with this insurance is headed to the Governor. The workers compensation bill has made its way through the Florida house, so it is now on…

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Workers compensation law expansion considered by Connecticut police

Workers Compensation insurance

The union in question is the one that responded to the shootings at Sandy Hook Elementary School. The union representing the police that responded to the Sandy Hook Elementary School shooting in December has expressed that it remains hopeful that changes will be made to the workers compensation laws in Connecticut in order to lengthen the benefits available to first responders. They are seeking this change for individuals struggling with mental illness after responding to such an incident. They feel that when first responders are involved in traumatic events such…

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Workers compensation system in New Jersey to face reforms

Workers Compensation Insurance

The state governor has announced that he will be revealing a new plan to overhaul the coverage. Governor Chris Christie has just revealed his intentions to unveil a new plan that will considerably reform the workers compensation system that is currently in place within the state. The governor made his announcement on his monthly radio show appearance on NJ 101.5 FM. Christie explained that the reason he feels that the workers compensation overhaul is important is that neither employers nor the employees are adhering to the rules as they are…

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Workers compensation official in Georgia steps down

georgia workers compensation

The head of the board in the state has announced that he will be resigning from his post. The state workers compensation board in Georgia has just announced that he will be stepping down from his position by the end of January 2013. This insurance news was released in the form of a letter of resignation written by the official. The letter was dated on Tuesday and stated that Rick Thompson, the lead official on the workers compensation board, would be leaving office before the start of February. This brings…

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Workers compensation marketplace in Florida retails solid standing

Workers Compensation Insurance

The state’s insurance for injured employees remains strong despite weakness in other parts of the country. The annual report providing data on the condition of the workers compensation insurance marketplace in Florida has now been released, and it has shown that the market in that state is still holding strong and is maintaining its competitive status. This report was initially released on Wednesday to provide insight into this marketplace. It was issued by the Office of Insurance Regulation in the state. That office pointed out that the premiums that employers…

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Workers compensation payouts have exploded by 26 percent since 2007

Workers Compensation insurance

Over the last five years, the total amount of money received by injured employees in Oklahoma is way up. According to a Tulsa World review based on the cases that reached the Workers Compensation Court in Oklahoma over the last five years, the total amount of money that has been received by injured employees has skyrocketed by 26 percent. This has been a costly increase to employees and insurance companies during this time. The analysis showed that today’s employers and workers compensation insurance companies have had to pay out approximately…

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