Workers' Compensation News
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Thirteen Indicted for $1.5 Million Fraud Scheme
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01/30/2014
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By: Greg Jones (Senior Editor)
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State: CA | Segment: WEST | 0 | Popular with Legal
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Thirteen individuals associated with four Southern California businesses were indicted on workers' compensation insurance fraud, unemployment fraud and tax evasion charges for their roles in an alleged $1.5 million scheme, San Diego County District Attorney Bonnie M. Dumanis announced....Read More
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Travelers Reports Big 4th-Quarter Profit
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01/29/2014
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State: NA | Segment: NATIONAL | 0 | Popular with Legal
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The Travelers Companies reported fourth-quarter net income of $988 million, or $2.70 a share, up from $304 million or 78 cents a share a year earlier.Operating income was $981 million, or $2.68 per share, up from $278 million or 72 cents a share in fourth quarter 201...Read More
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Three Bills Filed in Advance of 2014 Session
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01/27/2014
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By: Greg Jones (Senior Editor)
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State: OR | Segment: WEST | 0 | Popular with Legal
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Lawmakers in Oregon have filed in advance of the 2014 legislative session that starts on Feb. 3 three workers' compensation measures addressing public body liability for wrongful deaths, self-insured employer groups and the responsibility of employee health plans to pay for services while a clai...Read More
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Trucking Co. Owner Pleads Guilty to Premium, Payroll Fraud
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01/20/2014
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By: Jim Sams (Senior Editor)
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State: CA | Segment: WEST | 0 | Popular with Legal
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The owner of a Salinas trucking company pleaded guilty to insurance and payroll tax fraud charges after prosecutors discovered he understated the number of employees working for him and falsely reported that they were based in Arizona instead of California, the Monterey County District Attorney'...Read More
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Three-Member Panel Delays Fee Meeting until May
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01/17/2014
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State: FL | Segment: EAST | 0 | Popular with Legal
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The Florida Three-Member Panel has canceled a meeting scheduled for next week to review the proposed 2014 Health Care Provider Fee Manual and to update fees for ambulatory surgical centers.The Three-Member Panel, which sets medical reimbursements in the workers' compensation system, ...Read More
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Two Insurers Fined for Disregarding Regulations
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01/17/2014
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State: MO | Segment: CENTRAL | 0 | Popular with Legal
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Missouri insurance regulators have reached a settlement agreement with Nationwide Agribusiness Insurance Co. and Farmland Mutual Insurance Co. after examining their handling of workers' compensation insurance.The settlement will award the state of Missouri $142,2...Read More
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Texas Mutual Provides $670,000 Dividend to Restaurant Group
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01/16/2014
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State: TX | Segment: CENTRAL | 0 | Popular with Legal
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Texas Mutual Insurance Co announced it will pay a dividend of $667,540 to the workers' compensation groups operated by the Texas Restaurant Association. The insurer said the dividend is based largely on TRA's overall loss ratio."Texas Mutual has a permanent, vested interest in he...Read More
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