March 20, 2018

A.M. Best Affirms Pinnacol’s A- Rating

Denver, CO – For the third year in a row, Pinnacol Assurance, Colorado’s leading workers’ compensation insurer, has received an A- (Excellent) rating with a stable outlook from the global credit rating agency A.M. Best. Pinnacol received the rating as a result of its strong financial footing, solid underwriting and operating performance, and leading position in the Colorado workers’ compensation market. A.M. Best also recognized Cake, Pinnacol’s new digital platform for small businesses that come to…[Continue Reading]

Out Front Ideas Webinar: Workforce Well-Being: Bridging Health and Productivity

St. Louis, MO – Out Front Ideas with Kimberly and Mark has announced its next complimentary webinar, noting that workforce wellbeing is critically important to human resources and risk management because it affects both the top- and bottom-line performance of an organization. Because of this, wellbeing programs that focus equally on employees’ personal health and professional productivity needs are becoming essential to help attract and retain talent. The webinar will feature experts in the areas…[Continue Reading]

WCRI Adds New Conference Session: Ohio’s Success in Reducing Injured Workers at Risk for Opioid Problems

Cambridge, MA – A new and informative session has been added to the agenda for the Workers Compensation Research Institute’s 34th Annual Research & Issues Conference, March 22-23 in Boston, MA. The new session is titled “Saving Lives—Building a Modern Pharmacy Program amid a Deadly Epidemic” and replaces the session “The Effect of Fee Schedules on Access to Care.” “The Ohio Bureau of Workers’ Compensation (OBWC) has taken some important steps to address the opioid issue…[Continue Reading]

Restore Rehabilitation Makes Major Investments to Strengthen Foundation

Owings Mills, MD – In response to exponential growth, Restore Rehabilitation, LLC (Restore) recently announced that it has made the strategic decision to make several major reinvestments. Founder and CEO, Pam Anthony, RN, BSN, CDMS, CCM commented: “I recognize as a professional services organization in today’s world, we have two main areas that we must reinvest: people and technology. We elected to infuse capital into both of these areas in a significant way in 2018.” The technology…[Continue Reading]

Owner of CA Temp Labor Co. Convicted of Felony Workers’ Comp Insurance Premium Fraud

Modesto, CA – Stanislaus County District Attorney Birgit Fladager recently announced that Aileen Ramirez, age 31, of Denair, has been convicted of felony workers’ compensation insurance premium fraud. This conviction resulted from a joint investigation by the California Department of Insurance, Fraud Division and the Amador County Workers’ Compensation Fraud Unit, which investigates and prosecutes insurance fraud cases in Amador, Stanislaus, Calaveras, and Tuolumne Counties through…[Continue Reading]

CA WCIRB Releases Study on Chronic Opioid Use

Oakland, CA – The WCIRB recently announced the release of its Study of Chronic Opioid Use and Weaning in California Workers’ Compensation. This Study uses data from the WCIRB databases of medical transaction records and unit statistical reports to help understand the cost implications of chronic opioid use and the process of weaning injured workers off of opioids in California workers’ compensation. Key findings of the Study include: Claims involving chronic opioid use cost more than nine times…[Continue Reading]

IAIABC to Explore Telehealth in Work Comp at The Forum 2018

iddleton, WI – As telehealth gains traction in workers’ compensation, state officials are seeking insight into the practice so they can develop a balanced regulatory response. Attendees will explore telehealth practices at a half-day workshop on April 18, 2018 during The IAIABC Forum in Atlanta. The session will stimulate important discussion on administrative, legal, clinical, and security issues. MedRisk, a workers’ compensation physical rehabilitation provider, will begin the program with a simulated physical…[Continue Reading]

Paradigm Outcomes Announces Senior Leadership Team Appointments

Walnut Creek, CA – Paradigm Outcomes recently announced new senior leadership appointments, including Marijo Storment as CEO of both case management brands in its portfolio: ALARIS and Encore Unlimited; Jennifer Hinshaw as Chief Product and Strategy Officer and Tom Mastri as Executive Vice President of Finance and Business Development. All three executives have previously served in related leadership roles at the company and will report directly to CEO John Watts. “As Paradigm…[Continue Reading]

NY Construction Worker Sentenced to Up to Four Years in Prison for Theft of Workers’ Comp Benefits

Albany, NY – New York State Inspector General Catherine Leahy Scott recently announced the sentencing to prison of a capital region construction worker who falsely testified about his employment status and stole more than $5,000 in Workers’ Compensation benefits to which he was not entitled. William C. Svida, 56, of Route 66, Chatham, a predicate felon, was sentenced Thursday by Columbia County Court Judge Hon. Jonathan Nichols to 2-to-4 years in state prison for the crimes of Grand…[Continue Reading]

Montana State Fund Board Approves 8% Rate Reduction

Helena, MT – The Board of Directors of Montana State Fund (MSF), Montana’s largest workers’ compensation insurance carrier, has approved an 8% reduction in premium rate level. The rate reduction is an overall average and the specific classification codes will vary based on each industry’s loss experience. The rate filing must still be reviewed and approved by Montana’s Insurance Commissioner to ensure it is not excessive, inadequate or unfairly discriminatory. This marks the twelfth consecutive year MSF rates have…[Continue Reading]

  • RSS
  • Twitter
  • LinkedIn