Workers' Compensation News
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Praxsyn Discloses Plans to Shutter Irvine Compounding Pharmacy
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05/11/2017
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State: CA | Segment: WEST | 0 | Popular with Insurance
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Praxsyn Corp. said in a filing with the U.S. Securities and Exchange Commission that it is discontinuing operations at its Southern California compounding pharmacy to focus on growing business through a newly formed subsidiary based in Las Vegas.
...Read More
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Police Officer Can't Pursue Disability Pension after Losing Comp Claim
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05/10/2017
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Source: WorkCompCentral
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State: IL | Segment: NORTH | 0 | Popular with Insurance
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The Illinois Appellate Court ruled that an injured police officer could not pursue a claim for disability pension benefits based on an alleged back injury from an encounter with a drunken man when the Workers’ Compensation Commission had already denied his comp claim predicated on the same ...Read More
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P/C Insurers Hit With $4.7B Underwriting Loss in 2016
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05/10/2017
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By: Elaine Goodman (medical/business reporter)
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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Private property and casualty insurers in the U.S. suffered a $4.7 billion net underwriting loss in 2016 -- following an $8.9 billion net underwriting gain in 2015 -- and experienced a 25% drop in net income after taxes.
The insurers’ net income dropped to $42.6 billion in 2016 comp...Read More
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Presumption Expansion, Settlement Changes Going to Governor
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05/09/2017
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By: Greg Jones (Senior Editor)
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State: AZ | Segment: Top | 0 | Popular with Legal
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Arizona lawmakers sent Gov. Doug Ducey a negotiated bill that would allow “full and final settlements” and require employers to pay for travel to medical appointments, expand existing cancer presumptions for all safety workers and create a new presumption for heart ailments suffered b...Read More
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Proposed Rule Would Require Use of CDC Opioid Guideline
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05/08/2017
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State: ME | Segment: NORTH | 0 | Popular with Legal
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Health care licensing boards in Maine are accepting public comment on a proposed rule that would require clinicians to follow the Centers for Disease Control and Prevention's opioid prescribing guidelines.
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PRIMA Conference Set for June 4-7
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05/08/2017
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State: AZ | Segment: WEST | 0 | Popular with Legal
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The Public Risk Management Association, better known as PRIMA, will hold its 2017 conference from June 4-7 in Phoenix.
Events begin on June 4, a Sund...Read More
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PDMP Data Analytics Used to Assess Overdose Risk
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05/05/2017
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State: NA | Segment: Top | 0 | Popular with Other
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Obtaining controlled substances from four or more pharmacies, and having overlapping prescriptions for opioids and benzodiazepines for more than five weeks, are risk factors for overdose death, according to a new analysis of data from Ohio’s prescription-drug monitoring program.
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Profit Dips 42% at The Hanover in Q1
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05/05/2017
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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The Hanover Insurance Group on Wednesday announced net income for the first quarter of $45.2 million, a 42% decrease from $78.2 million in the first quarter of 2016.
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