December 18, 2017

CompLinks: 4/22/16

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Steering Toward an Alternative Claims Model Risk & Insurance Florida Commissioner McCarty Saying Goodbye: ‘It’s Been a Labor of Love’ Insurance Journal CA Federal District Court Rules that State Guarantee Association Owes Medicare Conditional Payments Optum Blog… [Continue Reading]

ME Governor LePage Signs Major Opioid Prescribing Reform Bill

Maine State Seal

Augusta, ME – Governor Paul R. LePage recently signed into law LD 1646, “An Act To Prevent Opiate Abuse by Strengthening the Controlled Substances Prescription Monitoring Program.” The bill, introduced by the Governor, mandates prescriber participation in the Prescription Monitoring Program (PMP), sets limits for the strength and duration…[Continue Reading]

MA Settlement Results in 1.5% Increase in Workers’ Comp Rates Starting July 1st

Massachusetts State Seal

Boston, MA – The Baker-Polito Administration recently announced that workers’ compensation rates will rise only an average 1.5 percent beginning July 1st of this year. The nominal increase is the result of a settlement between the Division of Insurance’s State Rating Bureau, the Workers’ Compensation Rating and Inspection Bureau (WCRIB)…[Continue Reading]

NYSIF Announces Pay-As-You-Go Service

NYSIF

Albany, NY – NYSIF is recently announced that it is partnering with Paychex, Inc., to provide its policyholders with NYSIF PAYGO (pay-as-you-go), a workers’ compensation premium payment service. PAYGO allows NYSIF to calculate workers’ compensation premium based on actual payroll for the period, while allowing policyholders to better…[Continue Reading]

NY Man Pleads Guilty to Workers’ Comp Fraud, Ordered to Pay Over $27,000

New York State Seal

Albany, NY – New York State Inspector General Catherine Leahy Scott and Orange County District Attorney David M. Hoovler recently announced that a Rockland County man has pleaded guilty to Workers’ Compensation fraud and will be ordered to pay more than $27,000 in restitution. Trent Mitchell, 45, of Campbell Court, West Haverstraw, pleaded…[Continue Reading]

WorkCompRecap: Development Data!

Today’s issue of WorkCompRecap features the release of a new CWCI report that examined average California workers’ comp medical loss, indemnity benefit and medical cost containment payments on accident year 2005-2014 lost-time claims valued through June 2015. This edition found mix results, as more developed data…[Continue Reading]

CompLinks: 4/21/16

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. When CMS and CDC Conflict: Medicare and Opioids Evidence Based Medicare Paves the Way Risk & Insurance Proven Strategies to Reduce Workers’ Compensation Litigation Costs Safety National Conference Chronicles Editor’s Note: These links lead to outside news… [Continue Reading]

CWCI Releases Data on Claim Monitoring, Medical & Indemnity Development

California Workers Compensation Institute (CWCI)

Oakland – New CWCI research that tracks average California workers’ comp medical loss, indemnity benefit and medical cost containment (MCC) payments on accident year (AY) 2005 through 2014 lost-time claims valued through June 2015 show mixed results, with more developed data on older claims showing paid medical losses and…[Continue Reading]

Brentwood Services Inc. Forms CompPoint Managed Care Inc. Subsidiary

CompPoint

Brentwood, TN – Brentwood Services Inc. recently announced the formation of CompPoint Managed Care Inc., a managed care provider and wholly owned subsidiary, with Eryn Crawford, AIC, leading the new company as president, according to Richard D. Hammer, founder, chairman and chief executive officer of Brentwood Services Inc…[Continue Reading]

A.M. Best Assigns Ratings to Safety Specialty Insurance Company

AM Best

Oldwick, NJ -(BusinessWire)- A.M. Best has assigned a financial strength rating of A+ (Superior) and an issuer credit rating of “aa-” to Safety Specialty Insurance Company (Safety Specialty) (St. Louis, MO). The outlook assigned to each rating is stable. The ratings reflect the company’s role as a subsidiary of Safety National Casualty Corporation…[Continue Reading]

  • RSS
  • Twitter
  • LinkedIn