Monthly Archives: <span>August 2006</span>

California Study Examines Medical Access in the Wake of Reforms

A new California Workers’ Compensation Institute (CWCI) study has found that injured worker access to medical-legal and medical care providers changed very little following the enactment of reforms designed to control the utilization and cost of forensic medicine and treatment …

Hawaii Becomes First State to Order Anti-Viral Flu Drugs

Hawaii became the first state in the nation to order anti-viral flu medicine in preparation for any global influenza pandemic when it signed contracts with drug companies last month for Tamiflu and Relenza. The state needed to move quickly because …

Thousands of Passengers Stranded after LAX Equipment Malfunction

Officials were investigating what caused a navigational system that helps guides planes onto arriving runways to fail, stranding thousands of passengers on hundreds of flights at Los Angeles International Airport and other airports across the country. Many flights had to …

2007 Workers’ Compensation Rates Announced in Ark.

The Arkansas Workers’ Compensation Commission on Aug. 7, 2006, released an update of Advisory 2000-1 to report the amounts to be paid injured employees under the state workers’ compensation laws. The update advises the maximum and minimum rates to be …

Texas Clarifies Rules on Designated Doctors, Peer Reviewers

The qualifications and functions of designated doctors and peer reviewers in the Texas workers’ compensation system are clarified in rules adopted by Commissioner of Workers’ Compensation Albert Betts in late July. These rules were necessary to implement changes in the …

Shareholders Lose Out in Class Action Securities Settlements, Says University Study

Since 1995, there have been 755 separate cases of class action securities litigation on allegations of companies inflating their stock prices due to fraud or untimely disclosure. Settlements from these cases totaled about $25.4 billion. On the surface, it appears …

Federal Agency Questions Safety of Buses for Special Needs Patients

Federal officials, prompted by a bus fire that killed 23 nursing home residents, are examining whether buses are safe for people with special needs. The National Transportation Safety Board is seeking answers to the question during a two-day hearing examining …

Malacca Straits Removed from War Risk List

The powerful London-based Lloyds insurance market said it has removed the Malacca Straits from its list of sea lanes with a war risk rating following an improvement in security. Lloyds Market Association said the decision by the Joint War Committee …

PXRE Heads Towards Run-off

The Bermuda-based PXRE Group Ltd. reported its results for the second quarter of 2006, and further indicated that, barring some last minute “strategic alternative,” it is heading towards runoff. PXRE was severely impacted by last fall’s hurricanes, and as a …

Aug. 11 Public Hearing Scheduled in Bradenton, Fla. to Gauge Commercial Insurance Woes

A public hearing to gauge the scope and nature of the burgeoning commercial insurance crisis in Florida has been scheduled held Friday Aug. 11 from 4 p.m. until 6 p.m. in Bradenton, Fla. by Florida Insurance Commissioner Kevin McCarty. During …