Lost-Time Claim Rate Falls in 2021
A drop in COVID-19 claims helped lower the rate of lost-time claims per 1,000 employees to 7.9 in 2021 from 9 in 2020, according to a new report by the…
BWC Board Approves 8% Rate Cut for Private Employers
The Ohio Bureau of Workers’ Compensation board of directors approved an 8% rate cut for private employers.
The BWC said the reduction is expected to save private businesses about $90 million…
Court Publishes Decision Finding Privette Doctrine Shields Caltrans From Civil Liability
The Court of Appeal for the 1st District of California has ordered publication of its decision from late last month finding the state Department of Transportation could not be held liable…
Chesapeake Names Mark Isakson CEO
Chesapeake Employers Insurance Co. announced that Mark Isakson will succeed Thomas Phelan as the carrier’s new chief executive officer, effective April 3.
Mark Isakson
Isakson previously served as senior vice president…
Jan Mello Joins ICW Group as Vice President, Head of Human Resources
ICW Group Insurance Cos. announced that Jan Mello joined the group of property and casualty carriers as vice president and head of human resources.
Jan Mello
Mello brings more than 25…
11.9% Loss Cost Cut Takes Effect April 1
Maine acting Superintendent of Insurance Timothy Schott announced the approval a National Council on Compensation Insurance filing that proposes an average loss cost decrease of 11.9%.
The new NCCI loss costs go into…