Latest Third Party Administrator Headlines
All the headlines from our Third Party Administrator Topic Page, ordered by recency.
Rokstone Launches Kentucky-based TPA for U.S. Agricultural Claims
Jan 11 2024 // Rokstone, a specialty insurance and reinsurance managing general agency, has launched a new third-party administrator service based in Kentucky. Part of the Aventum Group, Rokstone said its new Verus TPA will manage...
TPA’s Quick Denials of First Responders’ Workers’ Comp Claims Draw Penalty
Apr 29 2022 // A workers’ compensation insurer must pay $100,000 under an agreement with Vermont state regulators because its claims administrator gave short shrift to claims for post-traumatic stress disorder and other...
Charles Taylor Acquires Wisconsin TPA, Insurance Management Firm Aegis
Jan 6 2021 // Charles Taylor, a technology products and services to the global insurance market, has acquired Aegis Corp. (Aegis), a Wisconsin-based provider of mutual management and third party claims administration. Aegis provides...
Davies Acquires Massachusetts’ TriPlus Service in North American Expansion
Sep 22 2020 // Davies, a specialist professional services and technology business, has acquired TriPlus Service Inc, a long-term care insurance third party administrator (TPA) based in Massachusetts. TriPlus provides its long-term care...
Origami Risk Taps Bennett, Bentley to Lead New Operating Units in Chicago
Oct 7 2019 // Chicago-based Origami Risk, a risk and insurance Software as a Service (SaaS) technology firm, has formed two new operating divisions – Risk Solutions and Core Solutions – and appointed Earne Bentley and Christopher...
TDI to Agents, TPAs: Strict Liability Applies to Sales of Unauthorized Insurance
Aug 15 2019 // The Texas Department of Insurance is reminding all insurance agents and third party administrators (TPAs) that their licenses may be at risk and that they may be held responsible for assisting a company that is engaging in...
Claims Industry Consolidation Continues with Sedgwick’s Purchase of York
Jul 10 2019 // Sedgwick Group announced this week that it has signed an agreement to purchase York Risk Services, continuing a long-term consolidation trend among third-party administrators. The purchase of York — which must be...
People
Nov 19 2018 // Jackson Sumner & Associates (JSA) has hired Adam Winfree as the company’s Virginia marketing representative. Winfree joins the company as a 13-year veteran of the insurance industry, having worked previously as...
PMA Companies Names Copeland VP of Managed Care in Pennsylvania
Nov 2 2018 // PMA Companies, a Pennsylvania-headquartered provider of workers’ compensation, casualty insurance, and TPA and risk services, has named Josephine Copeland as vice president of Managed Care. In this role, Copeland is...
Endeavour Expands Capability of Claims Platform Used by Canadian Coverholders
Mar 26 2018 // Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services has added new functionality, including Lineage compatibility, to its Advantage claims platform, further improving claims handling for...
People
Mar 19 2018 // V3 Insurance Partners LLC, a Newtown, Penn.-based specialty insurance program administrator, has named Brian Janitschke chief operating officer. In this role, he will be based in V3’s Newtown offices and will focus...
New Jersey’s Innovative Coverage Concepts Appoints Eighmy as Director of Claims
Feb 21 2018 // Innovative Coverage Concepts LLC (ICC), a Parsippany, N.J.-based national wholesale broker and managing general agency (MGA), has appointed Brian L. Eighmy as director of claims. Eighmy has 20 years of experience in claims...
Insurtech-Led TPA, Advent Claims, to Administer Claims for Principia Underwriting
Nov 8 2017 // Advent Claims, the insurtech-led claims third party administrator (TPA), announced it has signed an agreement to administer all claims for Aquila Underwriting-backed MGA, Principia Underwriting. Principia, which previously...
New York Bus Firms Seek Damages Over Handling of Workers’ Comp Claim
Sep 4 2017 // New York Bus Operators Compensation Trust (NYBOCT), a Bay Shore, N.Y.-based group self-insured trust created by a number of New York passenger bus companies, has filed a complaint against Arthur J. Gallagher & Co.,...
New Jersey’s Vanguard Hires Graf as Vice President of Operations
Aug 2 2017 // Vanguard Claims Administration Inc. (Vanguard), a Woodbury, N.J.-based insurance agency, has hired Paul J. Graf as vice president of operations. With more than 27 years of multi-line claims management experience in the...
PMA Companies Names Santulli President, Chief Operating Officer
Apr 3 2017 // PMA Companies, part of the Old Republic General Insurance Group, has appointed John Santulli as president and chief operating officer. He will be responsible for leading the operations of the Blue Bell, Pa.-based PMA...
TPA Gallagher Bassett Names McNamara as Managing Director, Australia
Dec 7 2016 // Third party administrator Gallagher Bassett (GB)* has appointed John McNamara to the position of managing director – Australia, effective Jan. 1, 2017. McNamara succeeds Jon Winsbury who is moving into the role of...
American Claims Management’s Technology Edge Wins McCormack Baron Management Contract
Jul 29 2015 // San Diego, CA, July 29 2015– Cutting edge technology was one of the primary drivers behind McCormack Baron Management Inc.’s decision to select national third party administrator (TPA), American Claims Management...
Obama, Insurers Welcome Bipartisan Trade Authority Measure
Apr 17 2015 // The White House would get its desired clarity of authority to negotiate a Pacific trade agreement while lawmakers would get the right to set negotiating parameters and to have a yes-or-no-vote on such pacts under a...
Top 10 Casualty Insurance Trends for 2015: Marsh
Dec 17 2014 // While casualty insurance rates remain stable overall and new capacity continues to enter the market, certain classes of business continue to be difficult to place, according to Marsh’s U.S. Casualty Practice. The...
