October 24, 2017

WorkCompRecap: Weed & Watch!

Today’s issue of WorkCompRecap ffeatures the recent release of a study from the University of Pennsylvania that found that on average, states allowing use of medical marijuana have lower rates of deaths from opioid overdoses than states without such laws. The study examined opioid overdose deaths between 1999 and 2010, and found… [Continue Reading]

CompLines: 8/29/14

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. Good news is bad news – Medical cost inflation’s continued decline Managed Care Matters Top 10 Excuses For Not Reducing Work Comp Costs ReduceYourWorkersComp California Underground Economy Sweep Results in Fines, Citations Insurance Journal Editor’s Note: These… [Continue Reading]

Penn Study: 25% Fewer Opioid-Related Deaths in States with Medical Marijuana

Penn Medicine

Philadelphia, PA – On average, states allowing the medical use of marijuana have lower rates of deaths resulting from opioid analgesic overdoses than states without such laws. Opioid analgesics, such as OxyContin, Percocet and Vicodin, are prescribed for moderate to severe pain, and work by suppressing a person’s perception of pain. A new… [Continue Reading]

A.M. BestTV: State Compensation Funds Worry About Impact of Opioids

AM Best

Oldwick, NJ -(BusinessWire)- A recent episode of A.M. BestTV examines the hot issue of opioids and their negative impact on workers’ compensation costs at the American Association of State Compensation Insurance Funds Conference, which took place in Washington, D.C. At the conference, leaders of state workers’ compensation… [Continue Reading]

Enstar Group Limited to Acquire Companion Property and Casualty Insurance Co

Enstar

Hamilton, Bermuda – Enstar Group Limited (Nasdaq:ESGR) recently announced that it has entered into a definitive agreement to acquire Companion Property and Casualty Insurance Company from Blue Cross and Blue Shield of South Carolina. Companion is a South Carolina-based insurance group writing property, casualty, specialty and workers… [Continue Reading]

MO Captive Insurance Program Finalist for U.S. Captive Domicile of the Year

Missouri State Seal

Jefferson City, MO – The Missouri Department of Insurance’s robust captive insurance program has been selected as a finalist for the U.S. Captive Domicile of the Year award presented by the leading industry trade magazine, Captive Review. The US Captive Services Awards 2014 recognize and reward those domiciles and providers of captive… [Continue Reading]

WorkCompRecap: Enhanced & Approved!

Today’s issue of WorkCompRecap features Broadspire’s recent announcement of enhancements to its Comprehensive Assessment and Management of Pain (CAMP) Program, which uses evidence-based medicine along with a systemic approach to identify and address the needs of individuals in pain. The new enhancements include an opioid… [Continue Reading]

CompLines: 8/28/14

CompLines is a daily set of pertinent links that we believe will be of interest to our readers. The Rescheduling of Hydrocodone: Don’t Get Too Excited Evidence Based Back Injuries Cost Between $6-10 Billion in Losses a Year WC Insights Investigating A Work Comp Claim Can Make All The Difference ReduceYourWorkersComp Editor’s Note: These links… [Continue Reading]

Broadspire Enhances CAMP Program

Broadspire

Atlanta, GA – Broadspire recently announced that it has enhanced its innovative Comprehensive Assessment and Management of Pain (CAMP) Program to address the needs of injured and disabled workers and their employers by adding an opioid tapering component this month as well as the first opioid fill program in September 2014. First introduced… [Continue Reading]

KY DOI Approves Annual Workers’ Comp Rate Filing

Kentucky State Seal

Frankfort, KY – An annual filing most insurance carriers will use to develop rates for workers’ compensation coverage shows the ninth consecutive overall decrease in loss costs, Department of Insurance Commissioner Sharon P. Clark has announced. The 2014 filing, approved by the state Department of Insurance and effective Oct. 1, was… [Continue Reading]

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