The Illinois Insurance Guaranty Fund is on the hook for a costly claim after the liquidation of a self-insured employer’s excess workers compensation insurer, a divided Illinois’ Supreme Court ruled Friday.

DANA POINT, Calif. — Risk managers can influence the actuarial reports that affect their company’s bottom line by educating their actuaries and implementing favorable claims management practices, risk managers said.

As doctors treating workers compensation claimants curtail prescribing opioid pain medications, some physicians are facing more threats from patients addicted to or illegally selling the drugs.

American International Group Inc. could face numerous lawsuits from employers who say the insurer caused them to pay inflated workers compensation-related costs by underreporting its comp premiums, according to attorneys in two such cases against AIG.