Past Netletters

EverPeak Makes Aggressive Expansion Move

  Note: Workers’ Comp Advisor will take its annual summer break starting Monday, June 30, and resume daily publication on Monday, July 14. Happy Fourth of July to all of our valued subscribers!   EverPeak Expands Beyond Colorado Base Denver-based EverPeak Insurance said Thursday that it has expanded its workers’ compensation business now to 16 […]

Oregon Data Shows More Workers, Fewer Claims

    Note: Workers’ Comp Advisor will take its annual summer break starting Monday, June 30, and resume daily publication on Monday, July 14. Happy Fourth of July to all of our valued subscribers!   Oregon 2023 Data Shows More Workers, Fewer Claims Oregon’s Workers’ Compensation Division said that its data showed that while employment […]

KBW Sees WC Bucking P&C Rate Trends

  Note: Workers’ Comp Advisor will take its annual summer break starting Monday, June 30, and resume daily publication on Monday, July 14. Happy Fourth of July to all of our valued subscribers!   Analyst KBW Sees WC Rates to Buck Commercial Rates Moderation Analysts at Keefe, Bruyette & Woods expect workers’ compensation insurance rates […]

Litigation Financing Reform Gathers Support

  Insurers, Trade Groups Support Litigation Financing Reforms More than 40 insurance companies and industry trade groups are supporting proposed U.S. tort reforms that they say would close a tax loophole for third-party litigation financing. The loophole is one of the issues addressed in H.R. 3512, also known as the “Tackling Predatory Litigation Funding Act,” […]

NY Changes Network Pharmacy Requirements

  NY Adopts Changes on Network Pharmacies, Notice Requirements New York’s Workers’ Compensation Board has adopted amendments to the state’s code to help claimants to obtain medically necessary medication either through use of a network pharmacy or by notice of their ability to use an out-of-network pharmacy. Among the changes, a payer may designate a […]

NY Racketeering Suit Defendants List Grows

  Massive NY WC Racketeering Suit Adds Law Firm Defendants A federal Racketeer Influenced and Corrupt Organizations Act (RICO) suit filed by Roosevelt Road Specialty and its reinsurance program for contractors and construction, Tradesman Program Managers, has added another law firm defendant in the alleged wide-ranging scheme to defraud insurers through staged construction accidents and […]

Oregon Rates Fall to Record Low: DCBS Study

  Oregon Claims Low Rates Reflect Cost Controls, Safer Workplaces Oregon’s workers’ compensation rates remain among the lowest in the nation reflecting the state’s ongoing success in making workplaces safer and keeping costs under control, according to a biennial analysis by the state’s Department of Consumer and Business Services (DCBS). While Oregon had the 14th […]

Montana PTSD Cover for First Responders Vetoed

  Montana Governor Vetoes Added PTSD Cover for First Responders Montana Gov. Greg Gianforte has vetoed a bill that would have allowed first responders to get workers’ compensation for post-traumatic stress disorder. In his veto letter, Gianforte said it would have added $100,000 annually to state insurance premiums, which was also reflected in the bill’s […]

3M Sues Lawyers Over Black Lung Mask Fraud

  3M Suing 3 Lawyers Over Alleged Black Lung Fraud 3M Company is reportedly suing three attorneys in a Kentucky federal court over their filings of fraudulent and frivolous lawsuits on behalf of miners with black lung. The company’s lawsuit claims attorneys Glenn Hammond of Pike County, Michael Martin of Friendswood, Texas, and John Givens […]

OneGroup Hack Breaches MEMIC Data

  OneGroup NY Says MEMIC Worker Data Leaked OneGroup NY said that a data breach resulted in an unauthorized party being able to access workers’ compensation information provided to one of the company’s corporate clients, MEMIC Indemnity. OneGroup NY has filed a notice of a data breach with Vermont’s Attorney General after discovering that a […]