Columbus, OH – More than 570 Ohio employers have received, or are in the process of receiving, nearly $15 million in safety grants from the Ohio Bureau of Workers’ Compensation. Ohio BWC expects to finish awarding its Fiscal Year 2016 grants in the next few weeks to applications already in hand. This will be the quickest the money has been…[Continue Reading]
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Colorado DOI Issues Guidelines on Workers’ Comp Audit Fees
Denver–The Colorado Division of Insurance this week issued a bulletin directed at insurers that conduct workers’ compensation audits. Bulletin B-5.30 provides guidelines for insurers regarding the fees they charge when an employer fails to participate or cooperate in a workers’ compensation audit. Current law allows workers’ compensation insurers, including Pinnacol Assurance, to examine the books… [Read more]
Douglass Alsop Joins SUNZ as National Claims Manager
ST. PETERSBURG, Fla., /PRNewswire/ — Douglass Alsop has joined SUNZ Insurance, headquartered in St. Petersburg, Fla., as the new national claims manager. Alsop will be an associate to the senior management unit. Chief Operations Officer Glen J. Distefano is forming a diverse group of reputable managers with an attractive record of accomplishments. “Our goal is… [Read more]
Virginia SCC Sets Hearing on Workers’ Comp Premium Level Adjustments
RICHMOND — The State Corporation Commission (SCC) has scheduled an October hearing to consider a request filed by the National Council on Compensation Insurance, Inc. (NCCI) to adjust the premium levels charged for workers’ compensation insurance. Workers’ compensation insurance provides medical care and wage replacement benefits to injured workers. Almost all Virginia employers are required… [Read more]
Paradox Technology Solutions Names Steven Mariano to Board of Directors
CHICAGO–(BUSINESS WIRE)–Paradox Technology Solutions LLC (PTS), an innovative insurance software solution provider with a specialized focus in workers’ compensation and commercial lines insurance, today announced it has named Patriot National Insurance Group’s CEO and Chairman, Steven Mariano, to its Board of Directors. “PTS is a young organization with a bright and exciting future. I am… [Read more]
Texas Work Comp Commissioner Adopts EDI Reporting Changes
On June 20, 2011 the Commissioner of Workers’ Compensation, Rod Bordelon, adopted amended 28 Texas Administrative Code (TAC) §134.802 and new §§134.800, 134.801, and 134.803 – 134.808 regarding insurance carrier medical electronic data interchange (EDI) reporting. The adoption was filed with the Office of the Secretary of State on June 20, 2011 for publication and… [Read more]
New WCRI Report: Texas Workers’ Comp Drug Costs 44% Higher than Typical State
CAMBRIDGE, MA, – A recent study by the Workers Compensation Research Institute (WCRI) says that the cost of prescription drugs per workers’ compensation claim in Texas was among the highest of 17 states. The study, Prescription Benchmarks, 2nd Edition: Trends and Interstate Comparisons, found that the prescription cost per claim with prescriptions in the Texas… [Read more]
New WCRI Report: Louisiana Tops List of Highest Workers’ Comp Drug Costs
CAMBRIDGE, MA – Injured workers in Louisiana receive more prescriptions for medications, more pills per prescription and paid more per pill than other states in a new study conducted by the Workers Compensation Research Institute (WCRI). The WCRI report, Prescription Benchmarks, 2nd Edition: Trends and Interstate Comparisons, found that among the 17 states studied, Louisiana… [Read more]
Texas Mutual Distributes $155M in Policyholder Dividends
AUSTIN, Texas— RecentlyTexas Mutual Insurance Company began distributing $155 million in workers’ compensation dividends. Texas Mutual estimates that about 77 percent of its policyholders will earn a dividend based largely on their premium sizes, workplace safety records and tenures with the company. “As a mutual insurance company, Texas Mutual is not publicly traded, and it… [Read more]
Judge Van Norman re-elected as Nebraska Workers’ Compensation Court Presiding Judge
Nebraska Workers’ Compensation Court Judge Laureen Van Norman has been re-elected as presiding judge through June 30, 2013. The Nebraska Workers’ Compensation Court is composed of seven judges who are initially appointed by the governor and who then remain on the bench for successive six-year terms upon approval of the electorate. Every two years one… [Read more]