Workers' Compensation News
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KY Emergency Regs on Retraining Attorney Fees
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05/19/2003
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State: Natl. | Segment: Top | 0
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The Kentucky Department of Workers' Claims has issued Emergency Regulations covering attorneys fees in cases where retraining incentive benefits have been awarded. Kentucky Revised Statutes (KRS) 342.732 and KRS 342.792 set forth the requirements for retraining
incentive benefits. In orde...Read More
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Kemper Finds Customer in St Paul for Book
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05/13/2003
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State: Natl. | Segment: Top | 0
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The Kemper Insurance Companies yesterday announced it sold the renewal rights to certain lines of its existing U.S. commercial insurance business to The St. Paul Companies.
The lines of business included in the transaction are Kemper's middle market offerings, such as workers' compensation...Read More
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Kemper Suffers Rating Downgrade to C++ by Best
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05/05/2003
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State: Natl. | Segment: Top | 0
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A.M. Best Co. has downgraded the financial strength ratings to C++ (Marginal) from B (Fair) of the participants in the Kemper Insurance Companies (Long Grove, IL) inter-company pool, eight reinsured affiliates and one domestic affiliate and removed it from under review. The rating outlook is negativ...Read More
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KY WC Dr Pleads Guilty to Illegal Prescriptions
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04/30/2003
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State: Natl. | Segment: Top | 0
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The Courier-Journal of Kentucky reported yesterday that former workers' compensation physician, Dr. David Procter, 52, pleaded guilty in U.S. District Court to felony charges of conspiring to distribute controlled substances and prescribing controlled substances without a legitimate medical purpose....Read More
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KY Revises Release Form for HIPAA Compliance
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04/28/2003
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State: Natl. | Segment: Top | 0 | Popular with Legal
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Beginning on April 14, 2003, most physicians were required to follow more
stringent privacy requirements pursuant to the federal Health Insurance
Portability and Accountability Act (HIPAA). It is important to remember,
however, that disclosures for workers compensation are generally exempt from
...Read More
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Kemper Sale of Lines to Securitas, et al, Scuttled
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04/25/2003
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State: Natl. | Segment: Top | 0
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The Kemper Insurance Companies announced yesterday that the parties have discontinued negotiations toward a definitive agreement relating to a sale of certain lines of Kemper's existing business as contemplated by its previously announced letter of intent with Securitas Capital, LLC, Cypress Merchan...Read More
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KY DOI Warns Carriers of WC Med Fraud
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04/02/2003
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State: Natl. | Segment: Top | 0
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The Kentucky Department of Insurance, through its Insurance Fraud Investigation Division, is warning of a fraudulent insurance billing scheme currently being seen in the Commonwealth.
According to J. Joseph Cohen, director of the fraud division, similar schemes have been identified in past ...Read More
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Kemper Gets 5 Year CIGA Deal
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04/01/2003
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State: Natl. | Segment: Top | 0 | Popular with Legal
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The California Insurance Guarantee Association (CIGA) has signed a five year, claim services contract with Kemper Services, according to Patricia A. Drago, president of Kemper Services.
"Our contract with CIGA is a big win for our service platform," said Drago. "We were able to begin a par...Read More
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KS Bill on Apportionment, Post-Term Goes Forward
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03/28/2003
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State: Natl. | Segment: Top | 0
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The Wichita Business Journal reports that a bill running through the Kansas legislature supported by business groups and opposed by labor will "clear up erosions" to that state's reform legislation of 1993. SB 181 was the original bill introduced last month for the purpose of clarifying appo...Read More
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Kemper Services Claims $68M in Fraud Claims
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03/24/2003
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State: Natl. | Segment: Top | 0
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Kemper Services' Special Investigations Unit (SIU), working hand-in-hand with its field claim organization, identified fraudulent claims of more than $68 million in 2002.
Overall economic impact is an important measure of success in fraud reduction. However, another equally important measur...Read More
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