Missouri Workers Comp news… Agents have been warning lawmakers in Missouri to use caution as they consider making changes to the workers’ compensation firm created by the state, and which has received criticism from the state auditor for having taken advantage of a federal tax exemption as it spent large amounts on its own perks. A Senate committee has already endorsed the legislation which would establish a special panel that will examine whether or not the Missouri Employers Mutual Insurance Co. law from 1993 needs to be altered. This research…
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Missouri Senate overturns Governor Nixon veto on worker’s compensation changes
The Missouri Senate has overridden a veto from Governor Jay Nixon concerning the states worker’s compensation laws. Governor Nixon had vetoed a bill last month that would have imposed bans on some lawsuits regarding workplace injuries. The Senate voted to overturn this veto with a 24-9 vote, claiming that the ban would cause significant legal problems throughout the state. After overriding the veto from Governor Nixon, state legislators passed a bill that would stop employees from suing their co-workers for injuries they receive whilst working. This is not the only…
Read MoreCalifornia brain injury case results in largest workers’ compensation settlement in state history
The largest known settlement in California workers’ compensation insurance has just been secured by attorney Christopher Asvar, totaling $8.9 million for his client who suffered a traumatic brain injury while in the workplace. According to well-known specialist in structured settlements, Steve Chapman, who was involved in the case, “This settlement is the highest anyone is aware of for a California workers’ compensation award”. Asvar is a specialist in the area of brain injury litigation, both civil and workplace, and was substituted into this case three years ago. The client in…
Read MoreMissouri insurer finds criticism from state auditor
Missouri’s largest provider of worker’s compensation insurance has come under fire from one of the state’s auditors, Tom Schweich. The Missouri Employers Mutual Insurance Company (MEM) is a state-backed insurance company created in 1993. Since its creation, the insurer has avoided paying federal taxes because of its claim to be a public corporation. Accusations of corruption led to the company’s agreeing to a one-time review from the state to ensure that its business practices were sound and that it was not misrepresenting itself for the sake of profit. According to…
Read MoreConstruction subcontractors in California applaud announcement by insurance commissioner Jones
California insurance commissioner Dave Jones has made an announcement regarding the 57 felony charges that were laid against a business owner in Millbrae, including workers’ compensation insurance fraud and payroll theft. The California Professional Association of Specialty Contractors (CALPASC) has worked along with the Painting and Decorating Contractors of California (PDCC) and other allied associations, as an element of the LEVEL Program, in order to assist state agencies in the targeting and identification of deceitful construction industry employers who are scamming the state and costing Californians millions of dollars, as…
Read MoreEmployers in California pay slightly more into premiums for workers’ compensation insurance
According to Dave Jones, the California insurance commissioner, the top 100 companies in the state, which make up 96.7 percent of its market, have increased the rates that they have filed by an 2.8 percent average so far this year. The average increase will impact the majority of businesses that are legally required to purchase plans that pay for an injured employee’s medical expenses when the injury occurred while on the job, and that offers compensation for work related disabilities both temporary and permanent. The majority of the policies held…
Read MoreTennessee Legislature to investigate workers’ compensation system
Tennessee’s workers’ compensation insurance system is to be the subject of review this year. State officials, businesses and insurance experts are to examine how the system is working and how it can be improved. Tennessee has seen its fair share of criticism in recent years as several companies claim the state is too unfriendly to business. Governor Bill Haslam has decided to make the workers’ compensation system a primary focus of the state’s Legislature and hopes to solve some of the complaints it has generated in the past. One of…
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