National News

Feds: Doc Who Reviewed Thousands of Medical, Workers’ Comp Appeals is a Fraud

For years, Spyros Panos seemed like a successful orthopedic surgeon, seeing dozens of patients a day and bringing in millions of dollars in fees for his suburban New York medical group. In fact, he was inflating charges and billing for …

4 Tips to Successfully Use Social Media Discovery to Prove Insurance Fraud

Fraud steals $80 billion a year across all lines of insurance, according to the Coalition Against Insurance Fraud. The number of fraud cases has been rising over the last few years, primarily because of the increase of “soft” insurance fraud, …

Drivers Rely on New Auto Safety Technologies Despite Limitations

More and more, drivers are recognizing the value in having vehicles with advanced driver assistance systems (ADAS) like blind spot monitoring systems, forward collision warning and lane keeping assist. However, while many of these technologies are rapidly being offered as …

NCCI: ACA Had No Major Impact on Monday Workers’ Comp Claims

A new research brief released by the National Council on Compensation Insurance (NCCI) examines Monday claims –claims of worker injuries thought to be unrelated to their jobs and likely happening on the weekend – and whether the Affordable Care Act …

The Hartford: 25% of Americans Own a Side Business, Most Go Unprotected

A new survey from The Hartford found that 25 percent of Americans, which equates to approximately 57 million people, own a side business (a business that is not their primary source of income). The majority of side business owners surveyed …

Fraud News: Chiropractor Billing Scheme, Scammers Change Auto Policies

Colorado Woman Gets 2 Years in $5 Million Medical Billing Scheme A Colorado woman has been sentenced to about two years in federal prison for fraudulently billing insurance companies for $5 million by using unsuspecting chiropractors in the Louisville area. …

Business News: Starr, Roost, FCBI

Starr Insurance Companies Introduces New Product to Fill Construction Liability Gap Starr CIP Enterprise, a mono-line general liability construction wrap-up insurance policy, was introduced by Starr Insurance Companies. The new product is designed for property owners and contractors who need …

The Art of Creating a Physician Peer Review Panel, Part I

Creating a physician peer review panel is like solving a puzzle – it comes together only after reviewing the landscape, discerning what is important, and identifying what resources are available. As in most industries, a problem or opportunity in the …

BuildFax: Roof Age Inaccuracy Could Impact Reinsurance Negotiations

BuildFax, a provider of property condition and history insights for the largest insurance and financial institutions, released a report on remodeling trends following Hurricane Irma that could impact this year’s annual catastrophe reinsurance negotiations for Florida carriers. Following more than …

Unregulated Recreational Drone Operation May Be Ending

The Wild West days of unregulated recreational drones may be nearing an end. A bill close to passage in Congress would repeal the current exemption for hobbyists from regulations and for the first time require them to take a test …

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