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Report: Employers withhold injuries to save workers’ compensation rates
Employers are discouraged from reporting workplace injuries and illness because it could affect their workers’ compensation rates, a new government report suggests. Employers said they feared the...
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Tips to national insurance fraud group doubled in 2009
Tips from the public about insurance crimes to a national group doubled from 2008 to 2009, as people “lost their patience” with insurance fraud, the group said. The Des Plaines, Ill.-based National...
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Oklahoma joins ranks of states using NAIC’s reporting system
The National Association of Insurance Commissioners (NAIC) said Oklahoma has become the 20th jurisdiction to use its State Based Systems (SBS). Kim Holland, Oklahoma Insurance Commissioner “We are...
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PIA asks Congress to kill ‘paperwork burden’ in health reform law
A national insurance agents’ association is calling for the repeal of one provisions in the federal health reform because it will create a “paperwork burden.” Leonard Brevik The National Association of...
View ArticleMandatory health benefit value reporting on IRS forms postponed
The Obama Administration is holding off for one year the provision of the new health reform law requiring employers to report the value of an employee’s health plan on tax forms. The provision,...
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Menendez predicts tax form provision in health reform law will fall
While Republicans are pushing for a full repeal of the federal health reform law, U.S. Sen. Robert Menendez, a New Jersey Democrat, expects Congress to kill one provision. Robert Menendez Menendez, who...
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