December 15, 2017

ExamWorks Announces Acquisition of Royal Medical Consultants, Inc.

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Florida – ExamWorks Group, Inc. (NYSE: EXAM), a leading provider of independent medical examinations (IMEs), peer reviews, bill reviews and related services for the insurance and legal industries, announced today the company’s acquisition of Royal Medical Consultants, Inc. (RMC). Royal Medical Consultants, Inc. founded in 1997, is based in Oldsmar, Florida. RMC has adjusted annual revenues of approximately $5 million and offers independent medical reviews, peer reviews, return-to-work evaluations and Medicare Set Aside services

LWCC Board Declares Policyholder Dividend of $22.5 Million

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BATON ROUGE, La. (December 21, 2010) – The Board of Directors of Louisiana Workers’ Compensation Corporation (LWCC) has declared a 2010 dividend of $22.5 million, to be paid to qualifying policyholders in early 2011 upon authorization by the Louisiana Department of Insurance. Once distributed, this will bring LWCC’s cumulative total dividend paid to policyholders over… [Continue Reading]

Humana Awards Grants to Nonprofit Organizations in Communities Served by Concentra

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LOUISVILLE, Ky. — Humana Inc. (NYSE: HUM) announced today that five U.S. nonprofit organizations will receive a total of $100,000 as an expression of Humana’s commitment to the many communities served by Concentra health care facilities. Late yesterday, Humana announced that it had completed its previously announced acquisition of Concentra Inc., a privately held health care company based in Addison, Texas.

SCF Arizona Increases Healthcare Access

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(Phoenix, Arizona) – SCF Arizona, the state’s largest and most trusted workers’ compensation insurance provider, announced its more than 30,000 policyholders statewide have greater access to medical care through an arrangement with Blue Cross Blue Shield of Arizona, an independent licensee of the Blue Cross and Blue Shield Association. SCF customers will have a greater… [Continue Reading]

Insurance Commissioner Poizner Announces Arrest Of Business Owner For Insurance Premium Fraud

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West Hills man faces 4 felony charges Sacramento, CA–December 20, 2010–California Insurance Commissioner Steve Poizner today announced that Abraham Dvir, 66, of West Hills has been arrested on four felony counts of Premium Fraud, in violation of section 11880 (a) of the Insurance Code. Dvir was booked at the Agoura Hills Sheriff’s Station in Los… [Continue Reading]

MSHA Announces Results of November Impact Inspections

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ARLINGTON, Va. — The U.S. Department of Labor’s Mine Safety and Health Administration today announced that federal inspectors issued 250 citations, orders and safeguards during special impact inspections conducted at 12 coal and 10 metal/nonmetal mine operations last month. These inspections, which began in force during April following the explosion at Upper Big Branch Mine,… [Continue Reading]

Another Blockbuster Deal Announced!

Today’s version of WorkCompRecap features the latest blockbuster deal in the industry as Sedgwick CMS, the largest workers’ compensation Third Party Administrator (TPA), acquires rival Specialty Risk Services, LLC (SRS) from The Hartford for $278 million in cash. Sedgwick CMS, led by CEO Dave North, has built a remarkable franchise over the years through a… [Continue Reading]

AMCOMP’s “WCP” Certification Emerges as Designation of Choice in the Workers Comp and Employers Liability Industry

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NEW YORK–(BUSINESS WIRE)–Professionals in the field of workers compensation and employers liability can maintain and enhance their knowledge by securing AMCOMP’s Workers Compensation Professional (WCP) industry designation. Donald T. DeCarlo, AMCOMP Founder and Chairman observed that “In such difficult economic times as we are currently facing, employers and employees realize that knowledge and customer service… [Continue Reading]

Property/Casualty Insurers’ Overall Financial Results Through Nine Months Improved as Investment Gains Offset Losses on Underwriting

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JERSEY CITY, N.J., Dec. 21, 2010 — Private U.S. property/casualty insurers’ net income after taxes rose to $26.7 billion through nine-months 2010 from $16.4 billion through nine-months 2009, with insurers’ annualized rate of return on average policyholders’ surplus — a key measure of overall profitability —  increasing to 6.7 percent from 4.6 percent. Reflecting insurers’… [Continue Reading]

Pinnacol Assurance and Wellsource Health Solutions are Linking Wellness to Workers’ Compensation Costs

Wellsource Health Solutions and Pinnacol Assurance are partnering on a groundbreaking project that will study the effects of applied work site wellness programs on workers’ compensation costs. Sheboygan, WI (PRWEB)– December 20, 2010–Wellsource Health Solutions, LLC, a Division of Trotter Wellness, located in Sheboygan, WI and Pinnacol Assurance, Colorado’s leading workers’ compensation insurance provider, are… [Continue Reading]

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