December 16, 2017

MSC Launches CareConnect Tool for Claims Pros

MSC Care Management

JACKSONVILLE, Fla. – MSC Care Management, a deliverer of medical products and care management solutions to the workers’ compensation industry, has launched a new real-time online communication and referral management system to help relieve the administrative burden for claims adjusters and nurse case managers… [Continue Reading]

Crawford & Company Purchases Appian BPM Suite

Crawford

ATLANTA /PRNewswire/ — Crawford & Company (NYSE: CRDA; CRDB), the world’s largest independent provider of claims management solutions, has purchased the Appian Business Process Management (BPM) Suite, a market-leading technology platform that will radically alter the way the company develops software applications… [Continue Reading]

Brian Nixon Named Director of PA State Workers Insurance Fund

Pennsylvania State Workers' Insurance Fund

Harrisburg – Department of Labor & Industry Secretary Julia Hearthway today announced Brian Nixon, of Scranton, has been appointed director of the State Workers Insurance Fund (SWIF). Nixon, a former deputy attorney general in the Pennsylvania Office of Attorney General, has also served as assistant solicitor and business administrator for the city of Scranton. Before… [Continue Reading]

Construction Group Earns $1.3M Texas Mutual Dividend

Texas Mutual

AUSTIN, Texas – Texas Mutual Insurance Company announced a $1,319,586 dividend to the Texas Construction Association (TCA) safety group today. The workers’ compensation dividend was based largely on the group’s overall loss ratio. TCA members have shared in nearly $10 million in Texas Mutual dividends since 2005. In addition to potential dividends, TCA members get… [Continue Reading]

Crawford Leader Jeffrey T. Bowman Named One of Georgia’s Top CEOs

Crawford and Company Logo

ATLANTA, /PRNewswire/ — Jeffrey T. Bowman, president and chief executive officer of Crawford & Company (NYSE: CRDA; CRDB), has been named one of Georgia’s top CEOs in the Atlanta Business Chronicle’s annual ranking of public company leaders in the state. Based on an index that measures shareholder return for 18 months and increases in annual… [Continue Reading]

Eastern Insurance Holdings, Inc. Announces Second Quarter 2011 Results

ericrules

LANCASTER, Pa. /PRNewswire/ — Eastern Insurance Holdings, Inc. (“EIHI” or the “Company”) (NASDAQ: EIHI) today reported net income for the three months ended June 30, 2011 of $2.0 million, or $0.25 per diluted share, compared to a net loss of $1.4 million, or $0.16 per diluted share, for the same period in 2010. Included in… [Continue Reading]

SeaBright Holdings Reports Second Quarter and Six Month 2011 Results

SeaBright-Holdings-Logo2

SEATTLE–(BUSINESS WIRE)– SeaBright Holdings, Inc. (NYSE:SBX) today announced results for the second quarter ended June 30, 2011. For the second quarter of 2011, the Company recorded a net loss of $15.8 million or $0.75 per diluted share compared to a net loss of $15.5 million or $0.74 per diluted share for the same period in… [Continue Reading]

AIG Reports Second Quarter 2011 Net Income of $1.8 Billion

AIG Logo

NEW YORK–(BUSINESS WIRE)–American International Group, Inc. (NYSE: AIG) today reported net income attributable to AIG of $1.8 billion and after-tax operating income of $1.3 billion for the quarter ended June 30, 2011, compared with a net loss of $2.7 billion and after-tax operating income of $793 million for the second quarter of 2010. The second… [Continue Reading]

Florida CFO Calls for Review of Check Cashing Services Aiding in Workers’ Comp Fraud

Florida CFO

TALLAHASSEE—At a Cabinet meeting today, Florida Chief Financial Officer Jeff Atwater announced the creation of a working group to review the practices of certain bad actors in the check cashing services industry aiding in workers’ compensation premium fraud, which is putting pressure on rates and crippling the business community. The working group will include representatives… [Continue Reading]

Colorado DOI Issues Guidelines on Workers’ Comp Audit Fees

Colorado DORA DOI

Denver–The Colorado Division of Insurance this week issued a bulletin directed at insurers that conduct workers’ compensation audits. Bulletin B-5.30 provides guidelines for insurers regarding the fees they charge when an employer fails to participate or cooperate in a workers’ compensation audit. Current law allows workers’ compensation insurers, including Pinnacol Assurance, to examine the books… [Continue Reading]

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