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Tadikonda Replaces Edmundson as CEO of Cyber MGA Corvus

Boston-based insurtech Corvus Insurance said Madhu Tadikonda will take over immediately as CEO, replacing founding CEO Phil Edmundson. Edmundson will assume the new role of executive chair and chair of the board of Corvus. In this full-time role, Edmundson will …

Miami PT Clinic Managers Convicted in Insurance Fraud Scheme

A Miami woman now living in North Carolina is awaiting sentencing after she was convicted of paying kickbacks and defrauding insurers of more than $34 million for physical therapy services that were never provided. A federal jury in Miami last …

Chipotle to Pay $20 Million to Workers for Unpaid Sick Leave, Scheduling Violations

Chipotle Mexican Grill Inc. agreed to pay $20 million to an estimated 13,000 current and former employees of its restaurants in New York City to settle a claim that the chain repeatedly violated laws governing sick leave and scheduling. The …

NCCI Releases Q2 Economics Briefing

Jobs are up, wages are up, inflation is up, and recession is unlikely in the short term. National Council on Compensation Insurance’s (NCCI) newly released Quarterly Economics Briefing – Q2 2022 examines these factors and their potential impact on workers …

AM Best Upgrades Ratings of Synergy Comp Insurance

AM Best has upgraded the ratings of workers’ compensation insurer Synergy Comp Insurance Co. based in Sharon Pennsylvania. The rating organization upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” …

Amazon Warehouse Walkouts Over Pay Seen Spreading Across UK

Hundreds of Amazon.com Inc.’s UK workers are planning walkouts in the coming days after logistics workers clashed with managers over pay. A series of walkouts and slowdown protests at at least seven facilities in Essex, Coventry, Bristol, Swindon, Chesterfield, Warrington …

IMA Group Acquires Mollie Kallen Case Management

The IMA Group, a provider of independent medical examinations and case management in workers’ compensation, continues to expand with its acquisition of Florida-based Mollie Kallen Case Management. The terms of the deal were not disclosed. IMA, headquartered in Tarrytown, New …

California’s Largest Wildfire Now 60% Contained

California’s largest wildfire so far this year has so far burned more than 60,000 acres, but it is now 60% contained. The McKinney Fire broke out on July 29 in an unpopulated area in Klamath National Forest. The fire has …

New York Court Nixes Injury Claim by Worker Who Fell Off Bucket

A laborer who fell and was injured after he stood on an inverted bucket to reach a cable has nobody to blame but himself under New York law. The worker, Angel Morales, did not need to use a bucket, ladder …

FDA Says Possible Carcinogen Found in Some Merck Diabetes Drugs

The U.S. Food and Drug Administration said on Tuesday certain samples of sitagliptin, a compound in Merck’s diabetes drugs Januvia and Janumet, were contaminated with a possible carcinogen. The agency said it would temporarily allow Merck to distribute drugs with …

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