Oldwick, NJ -(BusinessWire)- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of American Interstate Insurance Company (Omaha, NE), Silver Oak Casualty, Inc. (Omaha, NE) and the American Interstate Insurance Company of Texas (Austin, TX) (collectively referred to as AMERISAFE Insurance Group or… [Read more]
Industry News
HHS: Pain Management Task Force Issues Final Report on Best Practices for Treatment
Washington, DC – The Pain Management Best Practices Inter-Agency Task Force, a federal advisory committee established by the Comprehensive Addiction and Recovery Act of 2016, recently released its final report on acute and chronic pain management best practices, calling for a balanced, individualized, patient-centered approach. To ensure best practices for the treatment of pain, the… [Read more]
Four Texas Companies Earn TDI-DWC Safety Award
Austin, TX – The Texas Division of Workers’ Compensation (DWC) recently recognized four Texas companies for exemplary workplace safety programs and low rates of work-related injuries and illnesses by renewing their Lone Star Safety Program awards for a second time. Frankston Packaging in northeast Texas manufactures and distributes folding cartons, flexible packaging, and rigid boxes.… [Read more]
AM Best Assigns Credit Ratings to Synergy Comp Insurance Company
Oldwick, NJ -(BusinessWire)- AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Synergy Comp Insurance Company (Synergy) (Sharon, PA). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Synergy’s balance sheet strength, which AM Best categorizes as very strong, as… [Read more]
Ohio BWC Drops Coverage for Oxycontin
Columbus, OH – A plan by the Ohio Bureau of Workers’ Compensation (BWC) to phase out coverage for Oxycontin and its generic form by the end of the year began on Saturday. Given their potential for abuse, misuse, addiction, and dependence, BWC will no longer pay for Oxycontin or generic sustained-release oxycodone tablets for workers… [Read more]
Pie Insurance Approved to Sell in Five More States
Washington, DC -(PRNewswire)- Pie Insurance recently announced that it has been approved to sell workers’ compensation insurance in Delaware, Indiana, Nevada, South Carolina, and Virginia. Now small business owners in these states can get a workers’ compensation quote online in as little as two minutes. “As we continue to expand rapidly across the country, it’s… [Read more]
CLARA analytics Rounds Out Management Team with Akkarachittor as VP of Products
Santa Clara, CA – CLARA analytics recently announced that Pramod Akkarachittor is the latest executive to join CLARA’s management team. He brings more than 20 years of enterprise product management and development experience to CLARA. As vice president of products, Akkarachittor is charged with overseeing products across the CLARA platform, ensuring an optimal user experience… [Read more]
Two IL Women Guilty of Falsely Billing 24/7 for Seven Years in $1.7 Million Workers’ Comp Fraud
Chicago, IL – Two Chicago, Illinois, women pleaded guilty for their roles in a scheme to defraud the U.S. Department of Labor Office of Workers’ Compensation Programs (OWCP) of $1.7 million by falsely billing for services on a 24-hour, seven-day-a-week basis for over seven years. Assistant Attorney General Brian A. Benczkowski of the Justice Department’s… [Read more]
Pinnacol: Teens Injured at Work at Higher Rate than Older Workers
Denver, CO – As teenagers across Colorado enter the workforce, in many cases for the first time, Pinnacol Assurance is providing tips to employers for keeping their younger workforce safe and giving guidance to teens for choosing a safe summer job. As Colorado’s largest workers’ comp carrier, Pinnacol analyzed its claims history for workers under… [Read more]
MTI America Names Ziblut Director of Physical Medicine
Pompano Beach, FL – MTI America recently announced that Jeff Ziblut has joined the workers’ compensation company as director of physical medicine. Ziblut brings nearly two decades of experience overseeing and managing healthcare and therapy operations involving outpatient, sub-acute rehabilitation, SNF, home health and infusion services. As head of MTI’s physical medicine department, Ziblut is… [Read more]