February 16, 2018

WorkCompRecap: Weekend Watching!

Today’s issue of WorkCompRecap is taking some time to highlight the fact that February is Insurance Careers Month, and it is already in full swing with a bunch of great content, including several videos from the A.M. Best & Insurance Careers Movement Industry Leader Town Hall. A.M. Best has made the replays and videos…[Continue Reading]

CompLinks: 2/16/18

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Why you should love a career in claims and insurance Sedgwick Connection Senate Report Links Drugmakers’ Donations to Opioid Crisis Insurance Journal Work Comp Adjuster Case Study: 10 Mistakes That Resulted in Unintended Consequences ReduceYourWorkersComp Editor’s Note: These links lead… [Continue Reading]

Insurance Careers Month Going Strong with Industry Leader Town Hall and Career Development Videos

Denver, CO – Insurance Careers Month kicked off on February 1st, and brings insurance professionals together for a month of working together globally to inspire more young professionals to choose insurance as a career. The first major kickoff event was the Insurance Careers Movement and A.M. Best Industry Leader Town Hall, which took place on February 1. ICM thanked A.M. Best for their partnership on the Town Hall and their leadership in the industry, and thanked Matt Mosher, Lee…[Continue Reading]

ChronWell Raises $4.5M for Workers’ Compensation Platform

Ft. Lauderdale, FL – ChronWell, a technology-enabled platform company for the workers’ compensation insurance industry, recently announced that it had raised $4.5 million in a Series A funding round. By providing the first line of care for injured workers with innovative technology and services, ChronWell aims to disrupt the workers’ compensation market while better serving injured workers, getting them back to work faster and reducing costs. “Our mission is to use technology to bridge the gap…[Continue Reading]

Appalachian Underwriters Adds Workers’ Compensation Underwriter Cohn to Sanford, FL Office

Oak Ridge, TN – Appalachian Underwriter, Inc. is recently announced its hire of Workers’ Compensation Underwriter, Alon Cohn, to the Sanford, Florida office. Alon will focus on the production of new Workers’ Compensation business in the Southeast region, including Alabama, Florida, Georgia, Mississippi, and Tennessee. Previously a Production Underwriter, managing over 100 books of business, Alon comes to Appalachian Underwriters with a strong insurance background. She also has experience…[Continue Reading]

Physician Employees and Owners of TN Pain Clinic Indicted for Drug Trafficking and Money Laundering

London, KY – In a federal indictment that was recently unsealed, two owners of a Hixson, Tenn., pain clinic and two physicians working at the clinic have been charged with conspiring to illegally distribute prescription narcotics – including oxycodone and oxymorphone – in Eastern Kentucky. The indictment further alleges that their drug trafficking conspiracy resulted in a death. The clinic, the Tennessee Pain Institute (TPI), closed shortly after a search warrant was executed in May 2016. The owners of…[Continue Reading]

WorkCompRecap: Formulary Forward!

Today’s issue of WorkCompRecap features the announcement from ReedGroup that the New York State Workers’ Compensation Board has selected them, through an RFP process, to support the development of a custom prescription drug formulary for injured workers in the state. The formulary is designed to be consistent with…[Continue Reading]

CompLinks: 2/15/18

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Workers Compensation Rates Should (Selectively) Run the Gamut in 2018 Carrier Management Montana lawmakers study options for workers comp system Business Insurance When is PTSD covered by workers’ compensation? SFM Mutual Blog Editor’s Note: These links lead to outside… [Continue Reading]

State of New York Selects ReedGroup to Support Development of a Formulary for Injured Workers

Westminster, CO – ReedGroup® recently announced that the New York State Workers’ Compensation Board has selected ReedGroup, through an RFP process, to support the development of a custom prescription drug formulary for injured workers. The New York State Workers’ Compensation Board formulary is designed to be consistent with the State’s existing Medical Treatment Guidelines (MTGs), which are similar to the evidence-based guidelines developed by the American College of…[Continue Reading]

NCOIL to Discuss Potential Regulation of Pharmacy Benefit Managers

Manasquan, NJ – Arkansas Senator Jason Rapert, NCOIL President, announced that the NCOIL Health, Long-Term Care and Health Retirement Issues Committee will be taking a comprehensive look at Pharmacy Benefit Managers (PBMs) at the 2018 NCOIL Spring Meeting in Atlanta, Georgia from March 2nd – 4th with the goal of learning about how PBMs operate and potentially introducing an NCOIL Model Act to have PBMs overseen by state insurance commissioners. PBMs are third-party…[Continue Reading]

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