May 22, 2017

WorkCompRecap: Insufficient Funds!

Today’s issue of WorkCompRecap features the Oregon Department of Consumer & Business Services (DCBS)’s announcement that it has taken preliminary steps to decertify the Oregon Employers Trust, Inc., the state’s largest private group of employers that self-insure for workers’ compensation. According to DCBS, as part of… [Continue Reading]

CompLines: 8/1/13

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Obamacare and workers’ comp – part 7 of 9 Managed Care Matters Caution – Change Ahead Risk & Insurance Ore. workers comp self-insurance trust must increase security deposit Business Insurance Editor’s Note: These links lead to outside… [Continue Reading]

OR DCBS Acts to Decertify Oregon Employers Trust

Oregon DCBS

Salem, OR – The Department of Consumer and Business Services (DCBS) has taken preliminary steps to decertify the Oregon Employers Trust, Inc., the state’s largest private group of employers that self-insure for workers’ compensation. As part of an annual evaluation of the group’s finances, the department required the trust to increase… [Continue Reading]

Gregory to Lead Ohio BWC’s Fraud Investigations Department

Ohio BWC

Columbus, OH – Ohio Bureau of Workers’ Compensation (BWC) Administrator/CEO Steve Buehrer recently announced the selection of Rick Gregory as Director of BWC’s Special Investigations Department (SID). As Director of SID, Gregory will oversee 123 employees who work to deter, detect, investigate and prosecute workers’ compensation… [Continue Reading]

CT DOI Bulletin: Deductibles & Large Risk Alternative Rating Options for Workers’ Comp

Connecticut Coat of Arms

Hartford, CT – The Connecticut Department of Insurance recently released the following bulletin, which is intended to update and supersede Bulletin PC-49 by adding information related to the use of deductibles and Large Risk Alternative Rating Options for workers’ compensation Insurance. Deductibles for Workers’ Compensation… [Continue Reading]

Aetna Reports Second Quarter 2013 Results

Aetna

Hartford, CT – Aetna (NYSE: AET) recently announced second-quarter 2013 operating earnings of $549.0 million, or $1.52 per share, a per share increase of 16 percent over the second quarter of 2012. Net income for the second quarter of 2013 was $536.0 million, or $1.49 per share, and includes a $.16 per share gain on the reduction of the reserve… [Continue Reading]

WorkCompRecap: Another Acquisition!

Today’s issue of WorkCompRecap features some more acquisition news, as One Call Care Management has announced their acquisition of language services provider 3iCorp.com. This deal comes barely a month after One Call’s announcement of their plan to acquire TechHealth as well. One Call noted 3i’s reputation for customer service… [Continue Reading]

CompLines: 7/31/13

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Pennsylvania’s drug problem Managed Care Matters Fitch Ratings: Comp rates improving; underwriting losses remain Risk & Insurance Pepper spray and workers’ compensation CID Review Editor’s Note: These links lead to outside news sources. We check all links,… [Continue Reading]

One Call Care Management Acquires 3iCorp.com

One Call Care Management

Jacksonville, FL – One Call Care Management (One Call), provider of specialized cost containment services to the workers’ compensation industry, recently announced that it has completed its acquisition of San Diego-based 3iCorp.com, a company known for its culturally sensitive language solutions delivered throughout California… [Continue Reading]

TDI-DWC Approves 11 Companies to Self-Insure for Workers’ Compensation Claims

Texas Dept of Insurance (TDI)

Austin, TX – The Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) recently approved eleven renewals of the Certificates of Authority for companies to self-insure their workers’ compensation claims for a one-year period under the TDI-DWC Self-Insurance Program. These companies collectively employ… [Continue Reading]

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