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Costlier Reinsurance Is Feeding into Higher Commercial Policy Rates

InterWest Insurance Services

.” These global reinsurance giants have seen their profits erode substantially in the last few years due to the rising cost of natural catastrophes around the world, forcing them to increase what they charge insurance carriers. These moves are trickling down into the primary insurance market in the form of further rate increases.

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Texas Court Stresses Comp Carrier is Entitled to Full “First Money” in Worker’s Third-Party Tort Settlement

The Workcomp Writer

The appellate court added, however, that the trial court should also have required the carrier to pay its proportionate share of the non-attorney’s fee expenses associated with securing the malpractice settlement. In its letters, it asserted its subrogation rights pursuant to the Texas Workers’ Compensation Act. Insurance Co.

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US Requests that SCOTUS Not Review Medical Marijuana Reimbursement Issue

Workers' Compensation

The US Government filed an amicus curiae brief requesting that the US Supreme Court (SCOTUS) not review the Minnesota Supreme Court’s decision prohibiting reimbursement of medical marijuana costs in a workers’ compensation claim. The US Government was invited to submit a brief by SCOTUS. Mendota Heights Dental Center, et al., 801 et seq.,

Medical 52
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US Supreme Declines to Review Medical Marijuana Reimbursement Issue

Workers' Compensation

The US Supreme Court (SCOTUS) declined to review the Minnesota Supreme Court’s decision prohibiting reimbursement of medical marijuana costs in a workers’ compensation claim. Therefore, the individual States will remain the authority on whether reimbursement for medical marijuana will be permitted in a workers' compensation claim.

Medical 64
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US Supreme Court to Conference Medical Marijuana Preemption Case

Workers' Compensation

The US Supreme Court (SCOTUS) is scheduled to conference the Minnesota Supreme Court’s decision prohibiting reimbursement of medical marijuana costs in a workers’ compensation claim. The petitioner further argues that Minnesota’s workers’ compensation system does not facilitate access to marijuana. 801 et seq.,

Medical 52
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Innovation is Necessary to Meet the Challenge of COVID in 2022

Workers' Compensation

A recent study provides a potential opportunity for employers and insurance companies to reduce their risk exposure through early sequencing and treatment proactively. Background The workers’ compensation system faces an enormous challenge in 2022 as the novel consequences of the most recent surge of SARS-CoV-2 infection engulf the nation.

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PA Employer’s Right to Subrogation is “Absolute”

The Workcomp Writer

Workers’ Comp. Since the employer’s outlay for workers’ compensation benefits exceeded the $150,000 held in escrow, all the funds (after payment of litigation expenses) had to be paid over to the employer. According to Claimant, the employer’s accrued workers’ compensation lien in the amount of $327,861.85, represented 17.3