Quote of the day
"No other state has seen 17 consecutive years without a rate increase, and no other state has seen rates decrease like this while benefits have actually gone up."
Oregon Gov. Ted Kulongoski, regarding a 2.1 percent reduction in pure premium rates for 2007
Go to the full story in KGW-TV (Portland)
Oregon Employers to Catch a Break Next Year
Oregon employers will pay less for workers’ compensation insurance in 2007 as a result of reforms to the system, according to Gov. Ted Kulongoski. The state plans to reduce workers’ comp pure premium insurance rates that most employers pay by 2.1 percent. In 2007, Oregon’s employers will pay 40.6 percent less per $100 of payroll for workers’ compensation insurance than employers in California.
Go to the full story in KGW-TV (Portland)
Go to the full story by Brent Hunsberger, the Oregonian
Go to the full story in the Portland Business Journal
Taco Trucks Need to Roll Out, Say Central Valley Restaurants
Some Tulare County restaurant owners are upset that so-called “taco trucks,” which may not pay workers’ compensation or property taxes, should not be allowed to park for hours near local restaurants. By Jed Chernabaeff, Visalia Times-Delta
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Commentary: Washington L&I Spends Wisely
Each year, Washington’s workers’ compensation system spends over half a billion dollars on health care for injured workers. With L&I’s health-care costs having risen at a rate of just over 4 percent annually, the $12 million saved per year doesn’t happen by accident. By Dr. Gary Franklin and Roy Plaeger-Brockway, Snohomish County Business Journal
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Blogworld: Workers’ Comp Doesn’t Work
Workplace health and safety blogger Jordan Barab posts links to the Center for Justice & Democracy’s recent report finding that across the nation, injured workers are getting shafted by workers’ comp systems. Confined Space
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Florida’s Workers’ Comp Insurer Poised to Enter Georgia Market
FHM Insurance Company has announced that the Georgia Department of Insurance has approved it to begin writing workers’ compensation policies in the state. Workers’ Comp Executive
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TDI Announces Average Weekly Wage for FY 2007
The Texas Department of Insurance announces that the workers’ compensation state average weekly wage for Fiscal Year 2007 is set at $673.80 and is effective for dates of injury from October 1, 2006 through September 30, 2007. Workers’ Comp Executive
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British Insurer to Sell U.S. Operations
Britain’s Royal & Sun Alliance Insurance Group PLC plans to sell its U.S. operations to management $298.9 million and cancel the company’s listing on the New York Stock Exchange. The firm’s U.S. operation, Delaware-based Arrowpoint Capital Corp., offers insurance products including workers’ compensation and asbestos. Wilmington News-Journal
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Bay State Design Engineer Sentenced for Comp Fraud
A 41-year-old Fall River, Mass. man who was employed and working full-time as a design engineer at a construction company is sentenced after admitting to workers’ compensation fraud and larceny. Workers’ Comp Executive
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