Daytona Beach, FL – J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE: BRO) recently announced that The Advocator Group, LLC, a wholly owned subsidiary of Brown & Brown, Inc., has acquired MEDVAL, LLC. MEDVAL is an industry leader providing a suite of MSP-compliant services, which services incorporate consistent experience in front-line… [Read more]
Industry News
Montgomery County to Receive $139K Under Ohio BWC Drug Workplace Safety Program
Columbus, OH – Ohio Gov. Mike DeWine and BWC Administrator/CEO Stephanie McCloud recently announced that Montgomery County will receive more than $139,000 this week under a new program by the Ohio Bureau of Workers’ Compensation (BWC) to help employers hire and retain workers recovering from drug addiction. BWC’s Substance Use Recovery and Workplace Safety Program… [Read more]
Employers Holdings Appoints John M. de Figueiredo to Board of Directors
Reno, NV – Employers Holdings, Inc., (NYSE: EIG) recently announced the appointment of John M. de Figueiredo to the Board of Directors, effective April 1, 2019. “We are very excited to welcome John de Figueiredo to the Employers Holdings, Inc. Board,” said Douglas D. Dirks, President and Chief Executive Officer of Employers Holdings, Inc. “John… [Read more]
AM Best Affirms Credit Ratings of Berkshire Hathaway GUARD Insurance Cos’ Members
Oldwick, NJ -(BusinessWire)- AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings of “aa-” of WestGUARD Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company and NorGUARD Insurance Company, which operate under an intercompany pooling agreement. These companies are members of Berkshire Hathaway GUARD Insurance Companies (GUARD) and… [Read more]
CWCI Study Examines Impact of California Workers’ Comp Formulary
Oakland, CA – New CWCI research shows that since California implemented its workers’ compensation formulary last year, an increasing share of drugs prescribed to injured workers are either “Exempt” from prospective utilization review (UR) or “Not Listed” in the formulary, while “Non-Exempt” drugs that require UR before they can be dispensed account for a declining… [Read more]
Kids’ Chance of Florida Accepting Scholarship Applications for 2019-20 School Year
Sarasota, FL – Kids’ Chance of Florida, Inc. (KCFL) recently announced it is accepting scholarship applications for the 2019-20 school year. Applications must be completed by June 17, 2019. KCFL is a 501(c)3 non-profit organization that provides scholarship and educational opportunities for children who have a parent who was seriously injured or killed on the… [Read more]
LWCC Welcomes David White as Vice President, Chief Internal Auditor
Baton Rouge, LA – LWCC recently announced the hiring of David White as vice president, chief internal auditor. White brings over 40 years of audit experience in the insurance, reinsurance, telecommunications and retail industries, and expertise across multiple disciplines such as operations, financial accounting and information systems. LWCC welcomes back White who previously held the… [Read more]
MA Man Charged in Connection with Workers’ Comp Fraud Scheme
Boston, MA – Attorney General Maura Healey recently announced the owner of a Revere contracting company has been indicted in connection with a workers’ compensation insurance fraud scheme. Anner Valentin Amaya of Revere was indicted by a Suffolk County Grand Jury on Workers’ Compensation Fraud (5 counts), Failure to Provide Workers’ Compensation Insurance (2 Counts),… [Read more]
NSC Poll: 75% of Employers Say Their Workplace Impacted by Opioid Use
Itasca, IL – Seventy-five percent of U.S. employers have been directly affected by opioids but – startlingly – only 17% feel extremely well prepared to deal with the issue, according to a survey released by the National Safety Council in recognition of Poison Prevention Week. Thirty-eight percent have experienced absenteeism or impaired worker performance, and… [Read more]
KEMI Declares $4.77 Million Refund to KSBIT Policyholders
Lexington, KY – The board of directors for Kentucky Employers’ Mutual Insurance (KEMI), the Kentucky Department of Insurance, and Franklin Circuit Court approved a plan to return $4.77 million to the Kentucky School Boards Insurance Trust Workers’ Compensation Fund (KSBIT). The refund is a result of effective management by KEMI to control claims costs. “I… [Read more]