Baton Rouge, LA – Insurance Commissioner Jim Donelon recently announced that rates for workers’ compensation policies are decreasing. The Louisiana Department of Insurance has approved a rate filing from the National Council on Compensation Insurance (NCCI) for a statewide decrease of 5.6% in workers’ compensation rates. NCCI is a national organization, which analyzes workers’ compensation… [Read more]
Top Stories
Edward L. Rand Named President of ProAssurance Corporation
Biringham, AL – ProAssurance Corporation (NYSE:PRA) recently announced that Edward L. “Ned” Rand, Jr. is assuming additional responsibilities as President of the Company. Mr. Rand has been serving as Chief Operating Officer since January 2018. Prior to being promoted to that position he served 13 years as the Chief Financial Officer for ProAssurance. Chairman and… [Read more]
CA Office Manager Convicted on 51 Felony Counts in Massive Patient Referral Scam
San Diego, CA – San Diego County District Attorney Summer Stephan recently announced that a jury has convicted Gonzalo Paredes of 51 felony counts of paying illegal kickbacks to a doctor for patient referrals and fraudulently billing workers’ compensation insurance companies in the California workers’ compensation system. The jury reached their verdict on Thursday, November… [Read more]
TDI-DWC Releases Analysis of 2005 Reforms’ Impact on Workers’ Comp System
Austin, TX – The TDI-DWC recently released a pair of biennial reports to the Texas Legislature, the first of which examines the impact of the 2005 House Bill (HB) 7 reforms on the affordability and availability of workers’ compensation insurance for Texas employers and the impact of certified workers’ compensation health care networks on return-to-work… [Read more]
One Call Launches New Biopsychosocial Health Program
Jacksonville, FL – One Call recently announced that it has partnered with TrestleTree, a Harvard Pilgrim company that offers behavioral health coaching services and proprietary opioid risk prediction tools, to accelerate an injured worker’s road to recovery. One Call is committed to coordinating the individualized, holistic treatment of injured workers. When a worker gets hurt… [Read more]
Paradigm Outcomes Unifies Subsidiaries Under New Brand
Walnut Creek, CA – Paradigm Outcomes recently announced that its wholly owned subsidiaries, The ALARIS Group, Encore Unlimited, ForeSight Medical and Adva-Net, are uniting under a common brand – Paradigm. The company will deliver its set of solutions through three divisions: Catastrophic Care Management, Complex Care Solutions and Specialty Networks. “Our new brand is a… [Read more]
ProAssurance Announces Special and Regular Dividends
Birmingham, AL – The ProAssurance Corporation (NYSE: PRA) Board of Directors recently declared a special dividend of $0.50 per share and a regular dividend of $0.31 per share. Both will be paid on January 9, 2019 to shareholders who own the stock as of December 21, 2018. “The special dividend declared today affirms our ongoing… [Read more]
CA WCIRB Launches New Interactive Policy Year Stats Report
Oakland, CA – The California WCIRB has released a new report, Interactive Policy Year Stats that provides premium, exposure and loss information based on unit statistical report (USR) data submitted to the WCIRB for policy years 2003 to 2015. Replacing the WCIRB’s annual Summary of Policy Year Statistics report, the Interactive Policy Year Stats tool… [Read more]
York Launches New Brand Experience
Jersey City, NJ -(PRWeb)- York recently unveiled its new brand, which it says signals it is now poised to better deliver on its mission of reducing risk and getting people and organizations back to health, work and productivity. With the rollout of its new brand, York has transitioned from a family of companies to a… [Read more]
Former Virginia Physician Pleads Guilty to Operating an Oxy Pill Mill
Alexandria, VA – A former physician recently pleaded guilty to operating a pill mill that illegally distributed over 600,000 oxycodone pills out of a pain management clinic in Woodbridge. According to court documents, Shriharsh Laxman Pole was a physician who voluntarily surrendered his medical license in 2009, and again in 2013. In both instances, Pole… [Read more]