December 15, 2017

NYSIF Announces Online Premium Audit Scheduling

NYSIF

Albany, NY – The New York State Insurance Fund recently announced the release of its electronic Premium Audit Scheduling System (PASS). This new system allows NYSIF policyholders scheduled for a premium audit to choose a more convenient date and time, or to change the audit location, by visiting NYSIF’s website. “The new system…[Continue Reading]

Ohio BWC Gets Six Workers’ Comp Fraud Convictions in October

Ohio BWC

Columbus, OH – Ohio Bureau of Workers’ Compensation (BWC) Administrator/CEO Steve Buehrer recently announced that six individuals were convicted of, or pleaded guilty to, charges related to defrauding Ohio’s workers’ compensation system in October 2015. These court actions are the result of investigations conducted by BWC’s…[Continue Reading]

U.S. Physical Therapy Reports Third Quarter and First Nine Months 2015 Results

US Physical Therapy

Houston, TX – U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics, recently reported results for the quarter and nine months ended September 30, 2015. U.S. Physical Therapy’s net income attributable to common shareholders prior to revaluation of redeemable non-controlling interests, net of tax…[Continue Reading]

WorkCompRecap: Trends & Dividends!

Today’s issue of WorkCompRecap ffeatures the release of the Q4 2015 edition of Mitchell’s Industry Trends Report, which examines industry trends while comparing current and past market data. Key features in this edition include a piece on the value of reporting for carriers in the areas of adjustments, workflow effectiveness…[Continue Reading]

CompLinks: 11/20/15

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Medical Management Strategies for Improved Claims Results Safety National Conference Chronicles Talking to nurses is the right prescription for injured employees PC 360 Employees Don’t Always Check Substance Abuse at the Door Texas Mutual Editor’s Note: These… [Continue Reading]

Mitchell Releases Q4 2015 Industry Trends Report

Mitchell

San Diego, CA – Mitchell, a provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims industry recently released its Industry Trends Report (ITR) for the fourth quarter of 2015. The ITR’s two editions address timely concerns of the auto physical damage and casualty industries. Featured articles for Q4…[Continue Reading]

MEMIC Issues $18 Million Dividend to Nearly 17,000 Employers

MEMIC

Portland, ME – Workers’ compensation insurer MEMIC has mailed its annual dividend checks to about 17,000 employers in Maine, totaling nearly $18 million. The largest check is more than $200,000 and the average payout was more than $1,040 per employer. The total amount was equal to the record dividend issued in 2014, and represented more…[Continue Reading]

TDI General Counsel Sara Waitt to Retire

Texas Dept of Insurance (TDI)

Austin, TX – Texas Department of Insurance General Counsel Sara Waitt is retiring in December after 24 years with the agency. “Sara has been a valued friend and legal colleague for the past two decades,” said Texas Insurance Commissioner David Mattax, who met Waitt when he was working on insurance issues at the Texas Attorney General’s…[Continue Reading]

CA School Security Officer Arrested on Workers’ Compensation Fraud Charges

CA Department of Insurance

San Bernardino, CA – Valentino H. Douglas, 45, of Rialto, was arrested and booked into the West Valley Detention Center on multiple counts of felony insurance fraud after receiving more than $112,000 in workers’ compensation benefits for an alleged work injury that actually occurred a month earlier while playing softball. While employed as a security…[Continue Reading]

WorkCompRecap: Reform Results!

Today’s issue of WorkCompRecap features the California WCRIB’s release of its Senate Bill No. 863 WCIRB Cost Monitoring Report – 2015 Retrospective Evaluation, which includes an updated retrospective evaluation of the cost impact of many of SB 863′s provisions. Based on its most current data, the WCIRB has estimated…[Continue Reading]

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