presumption News

NCCI: COVID-19 Will Cost Billions Even With Modest Infection Rates

If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation loss costs for that sector could double or even triple in some states, according to an analysis by the National …

Analyst Projects COVID-19 Presumption for Work Comp Will Cost $10 Billion

While the potential cost of relaxing a tenet of the workers compensation system to deal with extraordinary circumstances of COVID-19 could top $50 billion, it’s more likely to be one-fifth of that, an analyst reported last week. States like Michigan …

Employers Pushing Back as States Expand Work Comp to Cover COVID-19

As more states take action to ensure workers who contract COVID-19 are eligible for workers’ compensation, employers in Illinois are hoping to block one of the nation’s most expansive emergency rules. The Illinois Technology & Marketing Association (TMA) said in …

Regulators and Lawmakers Introducing Workers’ Comp to COVID-19

Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers’ compensation insurers. The governors of Kentucky, Arkansas, North Dakota and Florida and state regulators in Illinois, Washington, Michigan and …

New Laws in Calif., Colo., Mich., Ore. and La. to Impact Claims Professionals

Legislation that creates potential for more employment law claims in California and a measure that may give attorneys a new tool to extract larger settlements from Colorado auto insurers are among new laws that will impact insurance claims professionals in …