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The International Association of Machinists and Aerospace Workers (IAM) is an AFL–CIO/CLC trade union representing over 600,000 workers as of 2024 in more than 200 industries with most of its membership in the United States and Canada.
More than 54,000 Oregon employers are insured by SAIF. [8] The company employs more than 1,000 people in six offices around the state. Due in part to workplace safety efforts, Oregon's pure premium rate for workers' compensation insurance either declined or stayed the same for 28 of the past 30 years.
It administers laws and rules governing workers' compensation benefits, workplace safety and health, building codes, and the operation of both insurance companies and financial institutions. The department provides services to both citizens and businesses, and as of 2006, had a budget of US$560 million, and employed a staff of 1,088.
AIG's AIU Insurance unit has run a P&C insurance in the country since 1946, and is now the largest foreign nonlife insurer with 14,000 agents nationwide. [3] In retail auto and L&H space, AIG owns American Home and Fuji Fire and Marine Insurance company. [4] Since Jan 2018 AIU and FFM business units merged in AIG Sonpo.
Its market share spiked to over 50 percent in years 2002–2004 when a large number of private carriers left the market. In keeping with its mission, State Fund has an open-door policy, writing insurance for California businesses that need workers' compensation insurance. State Fund insures [6] approximately 130,000 policyholders in California.
The topic of workers' compensation fraud is highly controversial, with claimant supporters arguing that fraud by claimants is rare—as low as one-third of one percent, [63] others focusing on the widely reported National Insurance Crime Bureau statistic that workers' compensation fraud accounts for $7.2 billion in unnecessary costs, [64] and ...
The union dated its origins to August 26, 1935, when the United Auto Workers (UAW) was established. As it was associated with the Committee for Industrial Organization (CIO), it was suspended by the American Federation of Labor the following year, and it was expelled in May 1938, but a minority, led by Homer Martin, and representing locals ...
The National Council on Compensation Insurance (NCCI) is a U.S. insurance rating and data collection bureau specializing in workers' compensation. Operating with a not-for-profit philosophy and owned by its member insurers, NCCI annually collects data covering more than four million workers compensation claims and two million policies. The ...