SCC Approves 12% Loss Cost Decrease

The Virginia State Corporation Commission approved an average 12% loss cost reduction for policies incepting on or after April 1.

The SCC also approved an average 16.8% decrease in assigned risk…

Worker Forfeits Benefits by Lying About Condition

A Louisiana appellate court upheld the forfeiture of a worker’s benefits due to his misrepresentations regarding his physical capabilities.

Case: Medley v. Bennett Timber Co., No. 24-164, 11/27/2024, published.

Facts: Paul Medley…