Author Archives: Comp Blog Staff

In neighboring news:

The Florida Office of Insurance Regulation will conduct a public hearing to discuss NCCI’s proposed overall statewide average workers’ compensation premium decrease of 9.6 percent today.

In local news:

The Advocate reports that search and rescue operations for the worker missing after an oil rig explosion in Lake Pontchartrain Sunday are ongoing.

In tech news:

A new report analyzed by Assured Research indicates that up to 42 percent of workers’ comp premiums could disappear by 2030 due to automation.

In industry news:

A.M. BestTV released an episode in which Matt Mosher, Executive Vice President at A.M. Best, reviews Best’s launching of its updated rating criteria, along with plans for additional benchmark reports and market briefings.

In local news:

An oil rig in Lake Pontchartrain exploded overnight, wounding seven, five critically. Another worker is still missing.

In industry news:

The various design choices of fee schedule regulations and their impact on variation in medical payments across state workers’ compensation systems will be discussed during an hour-long webinar by WCRI on November 2nd.

In continuing news:

Three participants in an Oklahoma-based substance recovery program located at a chicken processing plant, uncovered in part by workers’ compensation records, are suing the facility.

In economic news:

The unemployment rate decreased to 4.2 percent in September 2017, a decline of 0.7 percentage point from September 2016, when the rate was 4.9 percent, according to new Bureau of Labor Statistics numbers.