News

Workers compensation is likely to experience a rough patch financially, but experts are optimistic that the line will rebound to its 2019 strength in a few years. However, the lack of data on COVID-19 and low interest rates are creating much uncertainty in the workers comp line, panelists from the National Council on Compensation Insurance and the Insurance Information Institute…

The COVID-19 aid package Congress is working on could cost taxpayers between $1 trillion and $3 trillion, but a central Illinois congressman warns if liability protection for schools isn’t addressed, it could cost taxpayers even more. Illinois Chamber of Commerce CEO Todd Maisch said there are some real concerns from an employer getting hit with a claim an employee contracted…

Lauded for their service and hailed as everyday heroes, essential workers who get the coronavirus on the job have no guarantee in most states they’ll qualify for workers’ compensation to cover lost wages and medical care. Fewer than one-third of the states have enacted policies that shift the burden of proof for coverage of job-related COVID-19 so workers like first…

The U.S. Occupational Safety and Health Administration must make public workplace injuries and illnesses records, according to an announcement Wednesday by the Public Citizen Foundation, which sued the federal agency in 2018 over access. The Washington-based organization said the federal agency has until Aug. 18 to provide the data of 237,000 employers, under a federal court ruling that ends a…

Presumption laws for essential workers who acquire COVID-19 may have less of an impact than anticipated on the workers compensation system, but whether it will lead to an increase in claims workers compensation payouts is up for debate, said a group of panelists Thursday at Business Insurance’s webinar, Workers Compensation: Presumption & COVID-19. Workers compensation presumption laws, which presume that…