A combination of hurricanes and severe thunderstorms pushed claims to exceed $10 billion for Texas property and casualty insurers in 2008. The losses in Texas exceeded all of the industry's catastrophic losses for the U.S. in 2007.
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Insurance Claims for 2008 U.S. Catastrophes to Top $25 Billion
U.S. property/casualty insurers are expected to pay homeowners and businesses $25.2 billion for 2008 property losses from 37 catastrophes — the fourth highest cost in a decade and the highest frequency in a decade, according to preliminary analysis by ISO's Property Claim Services Unit.
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Texas Appeals Court Overturns Ruling on Hospital Fee Guideline
Texas Mutual Insurance Company and several other insurers say they won a substantial victory Nov. 13 in a Texas appeals court case challenging an abusive pattern of questionable hospital bills for injured workers covered by workers' compensation insurance.
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Keep employees fit or company will become fiscally unfit
A staggering 70 percent of the illnesses that employees are being treated for are preventable diseases, meaning that they could have been prevented had they made different lifestyle choices.
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Injuries Requiring Days Off Decrease (2007)
AUSTIN, TX - Employers in private industry in Texas reported a total of 69,320 nonfatal occupational injuries and illnesses involving days away from work for 2007, according to the most recent data from the Bureau of Labor Statistics (BLS) Survey of Occupational Injuries and Illnesses.
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Nonfatal Occ. Injury Rate Hits 5-Year Low (2007)
AUSTIN, TX - A total of 252,784 nonfatal injuries and illnesses were reported by private industry workplaces in Texas during 2007.
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Work-Related Fatalities Increased (2007)
AUSTIN, TX – Texas recorded 527 work-related fatalities in 2007, an eight percent increase compared to 2006 when 489 fatalities occurred.
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