Today’s issue of WorkCompRecap features Patriot National Insurance Group’s announcement that it has received a $30 million boost of equity funding from Six Points Investment Partners LLC, a diversified investment group serving the insurance and financial services industries. Chairman and CEO Steven Mariano commented that Patriot National now has “greater financial flexibility to fuel our growth, expand into new geographic markets, and improve operations.”
Find out more by clicking here.
On the “bust” front, Ohio’s Bureau of Workers’ Compensation has announced the sentencing of a doctor following an undercover investigation of an alleged pill-mill that lead to a guilty plea to charges of theft, attempted workers’ compensation fraud and telecommunications fraud. Perhaps most interesting is that the Ohio BWC posted the undercover footage of the operation!
Find out more (including a link to undercover footage!) by clicking here!