Beginning July 2011, delinquent reports will begin going out to all insurers, self insurers, and group funds requesting immediate filing of any delinquent Case Progress Reports (WC-4). Following a grace period of 60 days from the time the report is sent, companies that are delinquent will initially be sent an “Interlocutory Order” to show cause… [Read more]
Claims, Legal, & Compliance News
PCIS Introduces BI Module for its ClaimsVISION Claims Administration Solution
NASHVILLE, Tenn.–(BUSINESS WIRE)–At the IASA 2011 Annual Educational Conference and Business Show, PCIS, a provider of policy administration and claims solutions, today announced the introduction and availability of a Business Intelligence (BI) module for its ClaimsVISION claims administration solution. The new BI module is available to all PCIS ClaimsVISION clients at no additional cost. The… [Read more]
CSC Releases New Version of RISKMASTER for Comprehensive Claims and Risk Management
FALLS CHURCH, Va.–(BUSINESS WIRE)–CSC (NYSE: CSC) has released its next-generation of RISKMASTER, a comprehensive software system that helps claims and risk managers more efficiently and cost effectively administer all aspects of liability and workers compensation incidents and claims. The newest features of the fully Web-enabled software, coupled with major enhancements over the past five years,… [Read more]
Sedgwick CMS Acquires the Assets of Cambridge Integrated Services Group, Inc.
MEMPHIS, Tenn. – Sedgwick Claims Management Services, Inc. (Sedgwick CMS) has announced that it has acquired the assets of Cambridge Integrated Services Group, Inc. (“Cambridge”) including the stock of Cambridge Galaher Settlements & Insurance Services, Inc., a direct, wholly-owned subsidiary of Cambridge. The agreement signing and closing occurred simultaneously today. For Sedgwick CMS clients, the… [Read more]
MedRisk, Inc. Successfully Completes SAS 70 Type II Examination
KING OF PRUSSIA, Pa. – MedRisk, Inc., the workers’ compensation industry leader in specialty managed care services, announced it has completed an examination in accordance with Statement on Auditing Standards (SAS) No. 70, Service Organizations. The review was performed by an independent auditing firm. Established by the American Institute of Certified Public Accountants (AICPA), SAS… [Read more]
NICB Sees 23 Percent Rise in First Quarter 2011 Suspicious Claims
DES PLAINES, Ill., /PRNewswire-USNewswire/ — The National Insurance Crime Bureau (NICB) has released its first quarter 2011 questionable claims (QC) referral reason analysis. The report covers six referral reason categories of claims: property, casualty, commercial, workers’ compensation, vehicle and miscellaneous referred during the first quarters of 2009-2011. In the first quarter of 2009, a total… [Read more]
Avizent Acquires Nationwide Risk Management Provider F.A. Richard and Associates
COLUMBUS, Ohio /PRNewswire/ — Avizent, a national claims and risk management service provider, announced today the acquisition of F.A. Richard and Associates (FARA), a nationwide provider of claims administration and risk management solutions based in Mandeville, Louisiana. With this acquisition, Avizent will become the third largest independently owned TPA in the industry. The company expands… [Read more]
Texas Division of Workers’ Compensation Announces April Enforcement Actions
AUSTIN – Commissioner of Workers’ Compensation Rod Bordelon recently announced final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC). The final actions include orders related to violations of the Texas Labor Code and rules promulgated by the Commissioner of Workers’ Compensation. Copies of Commissioner of Workers’ Compensation orders may… [Read more]
US Labor Department’s OSHA reopens Public Record on Proposed Addition of Musculoskeletal Disorders Column
WASHINGTON — The U.S. Department of Labor’s Occupational Safety and Health Administration tomorrow will reopen the public record on a proposed rule to revise the Occupational Injury and Illness Recording and Reporting Requirements regulation. Notice of the reopening will be published May 17 in the Federal Register. The purpose of reopening the record is to… [Read more]
Sedgwick CMS Acquires Selective Settlements International, Inc.
Memphis, TN and Naperville, IL, – Sedgwick Claims Management Services, Inc. today acquired Selective Settlements International, Inc., commonly referred to as Selective Settlements. Selective Settlements is a national provider of professional services related to the structured settlement process. The company specializes in facilitating the negotiation of settlements in cases of personal injury, wrongful death, medical… [Read more]