Today’s issue of WorkCompRecap features the continuation of our “Leaders Speak” series with the second installment from Dennis Sponer, CEO of ScripNet. You can read Dennis’ new article at WorkCompWire by clicking here. If you missed “Part 1: Cost Containment”, you can read it by clicking here. Many thanks to Dennis Sponer for his contribution… [Read more]
Humana Awards Grants to Nonprofit Organizations in Communities Served by Concentra
LOUISVILLE, Ky. — Humana Inc. (NYSE: HUM) announced today that five U.S. nonprofit organizations will receive a total of $100,000 as an expression of Humana’s commitment to the many communities served by Concentra health care facilities. Late yesterday, Humana announced that it had completed its previously announced acquisition of Concentra Inc., a privately held health care company based in Addison, Texas.
Property/Casualty Insurers’ Overall Financial Results Through Nine Months Improved as Investment Gains Offset Losses on Underwriting
JERSEY CITY, N.J., Dec. 21, 2010 — Private U.S. property/casualty insurers’ net income after taxes rose to $26.7 billion through nine-months 2010 from $16.4 billion through nine-months 2009, with insurers’ annualized rate of return on average policyholders’ surplus — a key measure of overall profitability — increasing to 6.7 percent from 4.6 percent. Reflecting insurers’… [Read more]
The Hartford Expands Payroll Billing Options for Workers’ Compensation Customers
New options extend cashflow benefits to more businesses HARTFORD, Conn.–(BUSINESS WIRE)–The Hartford Financial Services Group, Inc., will now offer XactPAY®, its payroll-based workers’ compensation premium payment service, to midsize and larger commercial customers. The insurer has also launched XactPAY XpressSM, a self-reported billing option designed specifically for companies that manage their own payroll. “Effective cash… [Read more]