Quote of the day
"Insurance fraud is a $300 billion national problem. The cost of workers' compensation insurance fraud can be costly on paper and in opportunity."
Michael McRaith, Illinois insurance director
State Fund Receives More Than Half a Mil in Restitution from Marin Roofer
The California State Compensation Insurance Fund has announced that it has received $566,480 in restitution from a Marin County roofing company owner convicted of workers’ compensation fraud. Workers’ Comp Executive
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Californian Corrects Info on Investigating Agency
The agency that investigated workers’ compensation fraud committed by a former Riverside County prosecutor who owned a trucking company was the Inland Empire office of the California Department of Insurance’s fraud division, the paper reports in a correction to last week’s story. The Californian/North County Times
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Fraud Jacks Up Comp Costs in Land of Lincoln
The state of Illinois receives reports of six alleged cases of workers’ compensation insurance fraud each week, according to the state insurance director, that run the gamut from improper claim denials by employers to employees exaggerating injuries to insurers improperly jacking up their rates. By Scott Miller, the Pantagraph (Bloomington – Normal, Ill.)
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Workers Comp Bill Prompts Special Council Meeting in Ohio Town
An Ohio town grapples with higher workers’ compensation costs and a fast-approaching payment deadline in a special city council meeting last week. By Melissa Topey, Advertiser-Tribune (Tiffin, Ohio)
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Manitoba WCB Extends Coverage
The Canadian province of Manitoba is extending the number of industries covered by the Workers Compensation Board, effective the first of next year, following a comprehensive public review of the Workers Compensation Act. The industries include aviation and air transport, landscape architecture, and property surveying, among others. Winnipeg Sun
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Colorado Seeks White Collar Crime Experts in Coingate Probe
Colorado authorities are getting help from the federally-funded National White Collar Crime Center in their investigation of a rare-coin dealer who ran the Denver-area subsidiary of the Ohio Bureau of Workers’ Compensation’s $50 million coin fund. By Steve Eder, Toledo Blade
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Fitch Affirms CIGNA Ratings
Fitch Ratings has affirmed its ratings on CIGNA Corp. and its lead operating subsidiary, Connecticut General Life Insurance Company. Fitch has also assigned an ‘A’ insurer financial strength rating to CIGNA Life Insurance Company of New York and CIGNA Worldwide Insurance Company. Workers’ Comp Executive
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N.D. Workers’ Comp Agency Employees Get Raises, Back Pay
More than half of the employees of North Dakota Workforce Safety and Insurance—the former Workers Compensation Bureau—have been given raises or back pay as a result of an attorney general’s opinion that said they should have been included in raises given by legislators. By Tom Raffferty, Bismarck Tribune
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