ATLANTA, Feb. 7, 2011 /PRNewswire/ — Crawford & Company (www.crawfordandcompany.com) (NYSE: CRDA and CRDB), the world’s largest independent provider of claims management solutions to insurance companies and self-insured entities, today announced its financial results for the year and fourth quarter ended December 31, 2010. Consolidated Results Fourth quarter 2010 consolidated revenues before reimbursements totaled a… [Read more]
Claims, Legal, & Compliance News
Oregon Department of Consumer and Business Services IMD Releases WC Litigation Reports Update
Today the Oregon Department of Consumer and Business Services Information Management Division (IMD) released its Workers’ Compensation Litigation Reports Update. The Litigation Reports Update an annual publication that provides information about appeals of Hearings Division orders, the issues involved, their dispositions, disputed claim settlements, and claimant attorney fees. The full report can be found here… [Read more]
Missouri Attorney General Koster Reaches Settlement with TPAs over Workers’ Comp Violations
Jefferson City, Mo. – Attorney General Chris Koster said today he has reached agreements with two companies who violated Missouri’s workers’ compensation law by knowingly failing to report worker injuries to the Division of Workers’ Compensation within the prescribed time frame. These cases represent a new type of case the Division of Workers’ Compensation is… [Read more]
CA DWC Issues Second Notice of Revisions to Electronic Medical Treatment Billing and Standardized Paper Medical Billing Regulations
The Division of Workers’ Compensation (DWC) has further modified its proposed regulations to adopt standardized paper medical treatment billing forms and electronic medical billing standards. The second 15-day notice of modification has been posted on the DWC Web site. Medical e-billing regulations will encourage electronic billing and faster payments to physicians and are part of… [Read more]
CorVel Announces Revenues and Earnings
IRVINE, Calif., /PRNewswire/ — CorVel Corporation (Nasdaq: CRVL) today announced earnings per share of $0.56 for the quarter ended December 31, 2010, a 4% increase compared to $0.54 in the same quarter of the prior fiscal year. Earnings per share for the nine months ended December 31, 2010 were $1.82, a 20% increase over the… [Read more]
CA CHSWC Posts for Feedback “Use of Compound Drugs, Medical Foods, and Co-Packs in California’s Workers’ Compensation Program: An Overview of the Issues”
OAKLAND — The Commission on Health and Safety and Workers’ Compensation (CHSWC) is pleased to announce the release of the Working Paper “Use of Compound Drugs, Medical Foods, and Co-Packs in California’s Workers’ Compensation Program: An Overview of the Issues.” The Working Paper was prepared by RAND for the Commission on Health and Safety and… [Read more]
Compli Completes Additional Milestones in Automating Key Business Processes
PORTLAND, Ore.–(BUSINESS WIRE)–Compli®, the nation’s leading provider of HR and compliance management software, is proud to announce the completion of another set of key milestones in integrating critical business processes into the Compli platform. Background checks and drug screenings, access to leading legal and accounting experts and premium regulatory advice are now available to all… [Read more]
InsurCard Selects Visa as Preferred Brand for Distribution of Insurance Claim Payments
SAN FRANCISCO–(BUSINESS WIRE)–Visa Inc. (NYSE: V) and InsurCard, a wholly owned subsidiary of Service Network Design, LLC (SND), today announced an agreement naming Visa as InsurCard’s preferred brand for the delivery of payment for insurance claims. InsurCard provides the insurance industry with card-based solutions for the payment of claims, expanding the penetration of electronic payments… [Read more]
Washington Dept. of L&I’s Fraud-fighting Program Collects $137 Million
UMWATER — The fight against fraud by the Department of Labor & Industries’ Fraud Prevention and Compliance Program brought in $137.4 million in 2010. The total, detailed in L&I’s annual report to the legislature, Targeting Fraud and Abuse, includes payments from employers for delinquent or falsely reported premiums. It also includes recovered payments to injured… [Read more]
Texas Division of Workers’ Compensation Announces December Enforcement Actions
AUSTIN, TX – 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… [Read more]