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VIAW Newswire 06.27.13

Posted on 05 September 2013 by admin

Workers’ Comp Rates, Exposures Up but Still No Underwriting Profit: Fitch
The Workers’ Compensation market is continuing to improve as rates increase and exposures grow, but signs point to a continued underwriting deficit through this year, according to a report from Fitch Ratings.

Return to Work Programs are a Critical Element of any Workers Compensation Program
Explain the benefits of a transitional duty program to senior management by showing the cost savings. Approximately 60% of all companies have return to work programs in some business units, but there is not one cookie cutter approach.

Jobless rate plunges in Sacramento and California
The unemployment rate in Sacramento and California registered a significant drop in May for the second consecutive month, but analysts cautioned that the steadily improving numbers conceal a large number of people who are working in low-wage jobs or who are no longer firmly attached to the workforce.

From workers’ comp to part time: Can we reduce employee’s leave benefits?
Q. We have an employee who was out on workers’ comp and has recently returned to work part time. (She is still collecting partial workers’ comp benefits.) Can we adjust her vacation and personal leave time to reflect the limited hours she’s working, or is she entitled to the full amount of days?

You will not believe this is currently happening to workers in United States.

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