Atlanta, GA – Crawford & Company (NYSE: CRD-A and CRD-B) recently announced its financial results for the second quarter ended June 30, 2019. The Company’s two classes of stock are substantially identical, except with respect to voting rights and the Company’s ability to pay greater cash dividends on the non-voting Class A Common Stock (CRD-A)… [Read more]
Top Stories
Three FL Men Indicted in Illegal Employment Scheme, Payroll Tax & Workers’ Comp Evasion
Jacksonville, FL – United States Attorney Maria Chapa Lopez recently announced announced the return of an indictment charging three Honduran nationals, Gregorio Fuentes-Zelaya, Santiago Erazo-Zelaya, and Dennis Barahona with conspiracy to commit wire fraud. Fuentes-Zelaya is also charged with one count of conspiracy to commit tax fraud, five counts of wire fraud, and two counts… [Read more]
Orchid Medical Announces Second Generation of OMNI Software
Orlando, FL – Orchid Medical recently announced the second generation of its proprietary technology software, Orchid Medical Network Integration® (OMNI). “OMNI benefits our client partners by providing easy-to-use technology that allows adjusters to have real-time visibility into their referrals and performance reporting,” said Brian Carwile founder and CEO of Orchid. “We will continue to invest… [Read more]
Sara Aguila Named President of Transcom Solutions
Tampa, FL – Transcom Solutions, a national transportation and translation company that serves the workers’ compensation industry, recently announced that it has promoted Sara Aguila to president. Aguila, who previously served as the company’s vice president of business development, now oversees operations and customer service as well as sales and marketing. “I believe this will… [Read more]
ProAssurance Reports Results for Second Quarter 2019
Birmingham, AL – ProAssurance Corporation (NYSE: PRA) recently reported results for the three and six months ended June 30, 2019. “There were several positives of note in the quarter,” said Ned Rand, President and Chief Executive Officer of ProAssurance, “including steady increases in renewal pricing across all product lines in our Specialty Property & Casualty… [Read more]
Ametros Launches CareGuard Mobile App
Wilmington, MA – Ametros recently announced the release of its CareGuard Mobile App, which is created specifically to help individuals injured in workers’ compensation and personal liability cases manage their medical settlement funds and Medicare Set Asides after settlement. Thousands of injured individuals use the company’s comprehensive professional administration service, CareGuard, in which Ametros sets… [Read more]
New York State Workers’ Comp Board Wins 2019 IAIABC Excellence Award
Middleton, WI – The IAIABC is pleased to recognize the New York State Workers’ Compensation Board as the winner of the 2019 IAIABC Excellence Award, sponsored by WorkComp Strategies. The New York State Workers’ Compensation Board was selected as the winner of the IAIABC Excellence Award for its submission, “NYS Workers’ Compensation Board Virtual Hearings.”… [Read more]
MedRisk Promotes Kenneth Martino to President
King of Prussia, PA – MedRisk recently announced that Kenneth Martino, CPCU has been promoted to President. Martino, who joined the company last year as Executive President of Business Development, will report to CEO Mike Ryan and lead enterprise-wide operations for the customer and patient experience, quality assurance, provider relations, and billing and revenue optimization.… [Read more]
AM Best Upgrades Credit Ratings of Frank Winston Crum Insurance Company
Oldwick, NJ -(BusinessWire)- AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of Frank Winston Crum Insurance Company (FWCI) (Clearwater, FL). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect FWCI’s balance sheet strength, which AM Best… [Read more]
CA WCIRB Authorizes 5.7% Lower Pure Premium Rate Filing for 2020
Oakland, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Governing Committee recently voted to authorize the WCIRB to submit a January 1, 2020 Advisory Pure Premium Rate Filing to the California Insurance Commissioner. The filing will propose advisory pure premium rates that will be on average approximately 5.7% below the average approved… [Read more]