Today’s edition of WorkCompRecap includes news about the latest industry acquisition, a significant fine levied against a major workers’ compensation insurer, and a great example of how to combine philanthropy and capitalism. More specifically, ExamWorks announced their first acquisition since going public in late October, AIG agreed to pay $100 million in fines for alleged workers’ compensation premium under-reporting, and finally, Humana announced, in concert with the closing of their previously announced acquisition of Concentra, that they plan to donate $100,000 to five nonprofit organizations in communities served by Concentra facilities.
You can read the rest of the top news stories by visiting WorkCompWire.com.
Given the upcoming Holiday weekend, this will be the last edition of WorkCompRecap this week. We will resume normal publication on Monday the 27th.
Patrick J. Sullivan