Connecticut Bookmaker Gets Prison Time in Insurance Fraud Scheme
A bookmaker who pleaded guilty to charges he shot a gambler with a stun gun and tried to burn down a Middletown restaurant in an insurance fraud scheme is headed to prison.
The Hartford Courant reports 52-year-old John Barile of East Hartford was sentenced Tuesday to 71 months in federal prison. He pleaded guilty in February to charges of arson, insurance fraud, gambling and extortion. Continue reading
A left-turn at the light with oncoming traffic; the collision occurs and now you are headed to intercompany arbitration on the subrogation claim as the parties dispute who was at fault.
An all too familiar scenario for those adjusting auto losses, but an increasingly relevant fact pattern in the world of subrogation recovery. While 85-90% of all subrogation claims are resolved between carriers and self-insureds without a problem, it is the other 10-15% that can make the difference to the bottom line for insurance organizations.
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A new report released by the Travelers Companies Inc., reveals that even minor injuries can substantially impact business productivity.
The Injury Impact Report identifies the most common causes of workplace accidents and injuries through analysis of 1.5 million workers’ compensation claims filed between 2010 and 2014 from a variety of business sizes and industries. Continue reading
The U.S. Occupational Safety and Health Administration issued its controversial final rule on Wednesday to expand electronic recordkeeping requirements for workplace injuries and illnesses and make such records publicly available. Continue reading
Employers are not exempt from federal requirements to record workplace safety injuries and illnesses involving intoxicated workers, even if post-accident testing reveals the employee was drunk at the time of the incident. Continue reading
People who work remotely are happier, according to a new survey conducted by TinyPulse, an employee engagement firm. Continue reading
In the high-risk manufacturing sector, where large-dollar claims are common, small to middle-market companies struggle to find experienced partners capable of providing targeted risk control and effective techniques to lower loss results and reduce the effect on the total cost of risk. Here are four tactics industrial companies can implement to reduce the cost of claims. Continue reading
