It is time to review the accuracies of last years annual (or occasionally semi-annual) predictions for the future. As per usual, I did not get many things right, but I see no reason for that to discourage me from trying it again.
While most property/casualty insurance claims are legitimate, the National Insurance Crime Bureau says studies indicate that 10 percent or more of all claims are fraudulent. Workers compensation insurance fraud is not only illegal, but the Coalition Against Insurance Fraud says it also costs businesses billions of dollars each year and can lead to higher insurance premiums for policyholders.
The Illinois Supreme Court has somewhat clarified an injured employees rights to pursue a third-party case by intervening into a third-party subrogation suit filed by the workers compensation carrier, even after the personal injury Statute of Limitations (“SOL”) runs.
A 56-year-old chiropractor has pleaded guilty for his role in a massive workers compensation insurance fraud and conspiracy scheme, the Los Angeles County District Attorneys Office announced today.
With limited exceptions, state and federal workers compensation programs are no-fault systems. Regardless of how reckless or ill-conceived an employees actions are, they are generally still going to be entitled to recovery through workers compensation under most circumstances.
For the many people who have been advocating a shift in our workers compensation claims handling philosophy the last few years, this years National Workers Compensation and Disability Conference in Las Vegas was not a disappointment.
Two people injured during a fire at IKEA in Tejon on Sunday afternoon, according to the Kern County Fire Department. KCFD said an explosion caused a fire at the IKEA on Industrial Parkway.
An office manager for a medical practice was convicted Thursday for a workers compensation kickback scheme that defrauded insurance companies of more than $22 million, the San Diego District Attorneys Office announced Friday.
An explosion Saturday at a hazardous waste site in southwestern Idaho killed one worker, injured three others and heavily damaged a building, officials said. US Ecology, which runs the site, said Monte “Alex” Green of Grand View, Idaho, died of his injuries from the explosion at 9:23 a.m. inside one of the buildings at the facility.
Regardless of whether or not their organizations operate in states where the use of Official Disability Guidelines (ODG) has been adopted/mandated, risk managers can often leverage ODG data and the claim data from their risk management information systems (RMIS) to benchmark the medical and lost-time components of their workers compensation costs against national averages.
Nearly three years ago, CLM began the process of creating the Universal Claims Certification (UCC) for states that license claims professionals. The goal was simple: Create one educational standard to rule them all.
The National Weather Service has confirmed that a tornado struck Baltimore City and County Friday night, resulting in the partial collapse of an Amazon warehouse where two people were killed, and causing heavy damage at a nearby Dundalk apartment complex.
Indemnity payments for injured workers increased as much as 9% from 2007 to 2014 in New York as a result of state reforms launched in 2007, according to a report released Tuesday by the Cambridge, Massachusetts-based Workers Compensation Research Institute.