December 16, 2017

ProAssurance Announces Special and Regular Dividends Totaling $5.00 per Share

Birmingham, AL – The ProAssurance Corporation (NYSE: PRA) Board of Directors recently declared a special dividend of $4.69 per share and a regular dividend of $0.31 per share. Both will be paid on January 10, 2018 to shareholders who own our stock as of December 21, 2017. “The special dividend declared today underscores our unwavering commitment to both effective capital management and disciplined underwriting. While our preference would be to deploy capital in a prudent manner…[Continue Reading]

NY Heavy Equipment Operator Gets Prison After Stealing Workers’ Comp Benefits & Leaving Employees Without Coverage

Auburn, NY – New York State Inspector General Catherine Leahy Scott and Cayuga County District Attorney Jon E. Budelmann recently announced that a central New York heavy equipment operator has been sentenced in Cayuga County Court to 1-to-3 years in State prison and full restitution for stealing more than $83,000 in Workers’ Compensation insurance benefits, to which he was not entitled, while also failing to provide his own logging company’s employees with required Workers’ Compensation…[Continue Reading]

WorkCompRecap: Safety First!

Today’s issue of WorkCompRecap features Safety National’s announcement of the awarding of its annual Safety First Grant to three policyholders for their creative risk control solutions. The first-place grant, in the amount of $10,000, was awarded to Alliance of Schools for Cooperative Insurance Programs…[Continue Reading]

CompLinks: 11/29/17

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Un-Learning Chronic Pain Rx Professor Patriot National to Reorganize for Acquiring Lenders; Subsidiaries to File Chapter 11 Insurance Journal Achieving MSP Compliance: Mitigating, Reducing, and Eliminating MSP Risks Flagship Services Group Blog Editor’s Note: These links lead to outside… [Continue Reading]

Safety National Awards 2017 Safety First Grant for Creative Risk Control Solutions

St. Louis, MO – Safety National awarded the annual Safety First Grant to three policyholders for their creative risk control solutions. The first-place grant, in the amount of $10,000, was awarded to Alliance of Schools for Cooperative Insurance Programs to purchase garbage can assistive lifting devices to alleviate injuries due to heavy lifting while emptying garbage cans into dumpsters. The second-place grant, in the amount of $5,000, was awarded to Capital Region Educational…[Continue Reading]

ISSA and IAIABC to Promote Excellence in Occupational Health, Safety and Workers’ Comp Systems Globally

Middleton, WI – A Memorandum of Understanding between the International Social Security Association (ISSA) and the International Association of Industrial Accident Boards and Commissions (IAIABC) furthers efforts to reduce the economic and social consequences of occupational injuries and illnesses. The MOU was signed in Montevideo, Uruguay during the ISSA Regional Social Security Forum for the Americas which brought together key social security policy…[Continue Reading]

WY State Occupational Epidemiologist Releases Annual Report on Workplace Fatalities

Cheyenne, WY – The Wyoming Department of Workforce Services (DWS) recently released an updated Work-Related Fatal Injuries report. The report, which provides analysis over years 2012-2016 and is the second multi-year report, reveals a complete view of recent fatality patterns in the state by industry and cause. Wyoming continues to have one of the highest occupational fatality rates in the country. In 2016, the State Occupational Epidemiologist identified 27 workplace fatalities…[Continue Reading]

NY State Prison Guard Faked Medical Reports, Stole $30k in Workers’ Comp While Not Working

Albany, NY – New York State Inspector General Catherine Leahy Scott recently announced the arrest of a New York State Corrections Officer on charges he defrauded the Worker’s Compensation system by more than $30,000 by submitting dozens of forged and falsified medical records so he could avoid working but still get full pay. Kristopher Cowan, who is employed by the State Department of Corrections and Community Supervision as a Corrections Officer at Coxsackie Correctional Facility…[Continue Reading]

WorkCompRecap: Spines & Stress!

Today’s issue of WorkCompRecap features some interesting news from the TDI-DWC, which is seeking input on the development of a Plan-Based Audit for Lumbar Spine MRIs to evaluate the appropriateness of a doctor’s decision and recordkeeping that supports the ordering of lumbar spine MRIs prior to one month of…[Continue Reading]

CompLinks: 11/28/17

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Purdue Pharma’s attempting to settle all state claims Managed Care Matters Workers’ Compensation Still Under Pressure from Drug Repackagers, Compounding Pharmacies Insurance Journal How to use actionable data to manage workplace injury risk PC 360 Editor’s Note: These links lead… [Continue Reading]

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