Guy Carpenter & Company Inc. has announced the introduction of the Reveal model, a refined exposure rating tool that helps to identify the drivers of costly excess losses within workers’ compensation portfolios. In recent years, the costs associated with the …
Georgia Gov. Sonny Perdue has approved a 25 percent state match, approximately $10 million, to the federal disaster funds that President Bush and the U.S. Congress have made available to Georgia. These funds will assist counties and cities responding to …
Association of California Insurance Companies (ACIC) President Sam Sorich issued the following statement this week regarding the California Department of Insurance report on the Southern California wildfires of 2003: “The Association of California Insurance Companies (ACIC) believes it is important …
New regulations issued by the California Division of Workers’ Compensation (DWC) to create and manage the use of medical provider networks (MPNs) will reduce the costly and abusive practice of “doctor shopping” and protect injured workers from excessive and unnecessary …
American Airlines flight 587 crashed into a Queens, New York neighborhood because the plane’s vertical stabilizer separated in flight as a result of aerodynamic loads that were created by the first officer’s unnecessary and excessive rudder pedal inputs after the …
South Dakota Attorney General Larry Long reported that Monica M. Lemme, 28, Sioux Falls, was sentenced recently in 2nd Circuit Court for one felony count of Making a False Claim to the Medical Assistance Program (Medicaid). Lemme received a suspended …
West Virginia’s Workers’ Compensation Commission recently filed injunctions against two state employers whose accounts with the Commission are reportedly in default. Injunctions were filed in Kanawha County Circuit Court against the following: * James Robert Evans, Jr., d.b.a. Evans Sales, …
Louisiana Attorney General Charles Foti, Jr. is reminding those that may try to steal from the Louisiana Medicaid program that their actions will not be tolerated by his office. The Attorney General’s Medicaid Fraud Control Unit (MFCU) has made two …
The Ohio Bureau of Workers’ Compensation (BWC) announced a Toledo woman has pled guilty to workers’ compensation fraud. Charlotte Pascoe is scheduled for sentencing Feb. 4, 2005 in the Franklin County Court of Common Pleas. It is estimated that Pascoe …
Fireman’s Fund Insurance Company, on behalf of its various subsidiary companies, has reportedly rescinded its decision to withdraw from the Massachusetts personal automobile insurance market. “Over the past month, we conducted an examination of the Commonwealth Automobile Insurance reform proposals …