To save you time, here’s a sampling of workers' compensation and insurance news, each in 400 words or less.
Stephen Schneider, Midwest region vice president for the American Insurance Association (AIA), issued a statement in response to the Illinois Policy Institute’s report, "Fixing Illinois’ Outdated Workers’ Compensation System." The report takes the wrong approach to reforming Illinois’s workers’ compensation system by advocating that employers could control cost if they opt-out of the system. In testimony last year before the Illinois House and Senate, AIA has advocated for meaningful reforms that benefit both employees and the employer community. aiadc
Employers Holdings has promoted Matthew H. Hendricksen to vice president, treasury & investments. businesswire
New data on Illinois workers’ compensation insurance show employers are in for some savings next year, but business advocates say it doesn’t mean Illinois has become more competitive with other states. ilnews
The Hartford has completed its acquisition of Maxum Specialty Insurance Group for $168 million in cash. Maxum will maintain its brand and limited wholesale distribution model and will be managed as a separate unit within The Hartford’s Small Commercial business. hartford
A 2012 overhaul of California’s system of compensation for work-related injuries and illnesses has moderated its employer-paid costs, but they remain, by far, the highest in the nation, according to a new study. sacbee
School crossing guards employed by members of the Public Employer Risk Management Association will gather around New York State throughout the month of August to learn how to avoid the vehicular dangers of their profession. perma
Christine Weipert, 51, of Mt. Morris, N.Y., faked having to use a cane for nearly three years and obtained more than $27,000 in workers' compensation benefits. 13wham