Archive for January, 2011

Workers’ compensation and market conditions

Montana State Fund does not have to deal with cyclical market conditions, where there is no competition there is no insurance cycle…read this interesting story about California State Fund

WorkSafeMT becomes non-profit foundation

WorkSafeMT votes to ‘decouple’ from its ties with the Montana Department of Labor. The public / private partnership was truly a great way to begin getting the message of safety and SAW/RTW out in Montana, now distinguished as the most expensive WC premium cost in the United States. However, with economic times as they are, it was felt that having WorkSafeMT a separate non-profit foundation would eliminate the risk of the legislature removing budgeted dollars and increase the chances of significant donations from private organizations throughout Montana. Michael Marsh proudly serves on the Board of WorkSafeMT, and has been a member of the SAW/RTW committee of WorkSafeMT since its inception. Safety. For A Change. WorkSafeMT.

Commentary on Montana’s high WC rates

Ironic post on the web. A posting that quotes a legislator about Montana having the highest WC rates in the United States…with attorneys threatening litigation over extending or declining workers’ compensation benefits for illegal aliens.

Montana has the highest premium cost for WC in the US, with additional litigation to extend benefits to illegal aliens on the horizon

Article about WC Loss Runs

Article about WC Loss Runs and How To Use Them

Observations of TPA Operations

Observations of TPA Operations, Acquisitions and Non-Claims Operating Income Sources

Workers’ Compensation Prognostications for 2011

Workers’ Compensation Prognostications (Joe Peduda) for 2011