News
Executives from 15 auto companies met with U.S. Transportation Secretary Anthony Foxx Tuesday to discuss specific industrywide actions that can improve safety and prevent cars from being hacked. The meeting was convened after record numbers of cars have been recalled … Source: Claims Journal
The Institutes and the Casualty Actuarial Society have announced a strategic alliance formed between the two organizations at the CAS Annual Meeting on November 16, 2015 in Philadelphia. Both organizations share a similar mission of delivering educational solutions for risk … Source: Claims Journal
Growth in medical payments per workers’ compensation claim in Louisiana slowed from 2011 to 2013, in part due to decreases in utilization of hospital and non-hospital care, according to a recent study by the Mass.-based Workers Compensation Research Institute (WCRI). … Source: Claims Journal
A Maine ski resort that’s responsible for two of three chairlift mechanical failures that led to injuries in the past five years is working to make sure it doesn’t happen again. Sugarloaf is spending $1.5 million to make improvements after … Source: Claims Journal
Somewhere in America, a tractor-trailer loaded with hidden surveillance equipment is parked at a truck stop or warehouse while authorities wait for thieves to steal it. No one is sure when, or even if, crooks will take it. But such … Source: Claims Journal
Penn State settled with six more victims or accusers of Jerry Sandusky, according to a new audit that puts the school’s total payout in the child sex abuse scandal at nearly $93 million. The university’s audited financial statements for the … Source: Claims Journal
While the typical Atlantic hurricane season features 11 named storms and six hurricanes, this year’s quiet season helped the state of Florida mark a big milestone – 10 years without a major hurricane making landfall in the state. The Miami … Source: Claims Journal
Baltimore’s economic development agency says 93 percent of the businesses damaged by rioting, looting and arson in April have reopened. The Baltimore Development Corp. said in a statement Tuesday that just over 400 businesses suffered property damage or inventory losses … Source: Claims Journal
Certain workers’ compensation policies explain much of the state-level variation in costs and outcomes of claims for low back pain (LBP), reports a study in the December Journal of Occupational and Environmental Medicine. Dr. Glenn Pransky of Liberty Mutual Research … Source: Claims Journal
Genex Services, a national medical cost containment and disability management service provider, announced its acquisition of Alpha Review Corporation, a medical bill review company for the workers’ compensation market. Financial terms were not disclosed. With this acquisition, Genex significantly strengthens … Source: Claims Journal