December 15, 2017

Michael Ryan Joins MedRisk as Chief Growth Officer

MedRisk, Inc.

KING OF PRUSSIA, Pa. — MedRisk, a leading managed care company specializing in the physical rehabilitation of injured workers, has appointed Michael Ryan as its Chief Growth Officer. Ryan, a commercial insurance executive with over 15 years experience will be spearheading sales, marketing and account management initiatives for the company. “Mike comes to us with… [Continue Reading]

Breaking Acquisition News!

Today’s edition of WorkCompRecap features fresh acquisition news, as One Call Medical announces its acquisition of Diagnostics Plus, a provider network for advanced radiology and electrodiagnostic services, including MRIs, CT scans, and electromyography (EMG). One Call Medical said most recently that in addition to growing its portfolio of services, “OCM is committed to strengthening its… [Continue Reading]

One Call Medical Acquires Diagnostics Plus

One Call Medical

Parsippany, NJ – One Call Medical (OCM), the nation’s leading provider of specialty services to insurance payers, today announced its acquisition of Diagnostics Plus, a provider network for advanced radiology and electrodiagnostic services, including MRIs, CT scans, and electromyography (EMG). From One Call Medical’s portfolio of value-added specialty claims services, this acquisition solidifies its network… [Continue Reading]

Jopari Solutions Applauds CA DWC eBilling Rule Release

Jopari Solutions

CONCORD, Calif. /PRNewswire/ — The announcement on Tuesday by the California DWC that the much anticipated eBilling rules have now been signed into existence not only is an opportunity for providers and payers to more effectively manage medical billing processes, but also represents a number of years of collaboration between a wide array of stakeholders,… [Continue Reading]

CA Insurance Commissioner Announces Conservation & Rehabilitation of Majestic Insurance Co.

Majestic Insurance

Insurance Commissioner Dave Jones announced today that Majestic Insurance Company (“Majestic”) has been placed into conservation by order of the San Francisco Superior Court to protect the company’s policyholders and the injured workers covered under Majestic’s workers’ compensation policies. The Commissioner has simultaneously filed a motion seeking approval for a proposed rehabilitation plan designed to… [Continue Reading]

New WCIRB Report Released!

Today’s issue of WorkCompRecap features news from the Workers’ Compensation Insurance Rating Bureau of California (WCIRB), which announced that it has completed its report summarizing insurer loss and premium experience through December 31, 2010. The report is based on data reported by insurers who wrote roughly 99% of the statewide market. Highlights from the report… [Continue Reading]

WCIRB Report on Fourth Quarter 2010 Insurer Results Released

CA WCIRB

San Francisco, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) announced today that it has completed its report summarizing insurer loss and premium experience through December 31, 2010. The report is based on data reported by insurers who wrote roughly 99% of the statewide market. Highlights from the report include: California written… [Continue Reading]

Chubb Reports First Quarter 2011 Results

Chubb Insurance

WARREN, N.J., April 21, 2011 /PRNewswire/ — The Chubb Corporation (NYSE: CB) today reported that net income in the first quarter of 2011 was $509 million compared to $464 million in the first quarter of 2010. Net income per share increased 22% to $1.70 from $1.39 per share. Operating income, which the company defines as… [Continue Reading]

A.M. Best Affirms Ratings of Premier Group Insurance Company

AM Best Rating Workers Comp

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of Premier Group Insurance Company (Premier) (Murfreesboro, TN). The outlook for both ratings is stable. The ratings reflect Premier’s excellent capitalization and liquidity, low leverage and conservative investment portfolio. The ratings also recognize Premier’s solid… [Continue Reading]

J A Schlueter & Company (Parent of Smart-UR) Renames Corporation Effective Health Systems

Effective Health Systems

LOS ANGELES–(BUSINESS WIRE)–James Schlueter, President of J A Schlueter & Company, announced today the divestiture of all non-technology consulting activities as well as a new name for the company, Effective Health Systems, (www.effectivehealthsystems.com). Its sole focus now is to build on its record of introducing game-changing technologies for the workers compensation medical management marketplace. “Smart-UR… [Continue Reading]

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