There have been two notable funding rounds by insurtechs this week. Workers’ compensation provider Pie Insurance has raised $118 million in new funding, including financing from Allianz and others. Snapsheet, a claims management platform insurtech, raised $30 million in new …
Angel Maces, 23, of San Jacinto, Calif., was arraigned for felony insurance fraud after allegedly misrepresenting symptoms following a work-related injury in order to receive over $42,000 in undeserved workers’ compensation benefits. On Sept. 7, 2018, Maces, while working for …
Despite the softening of rates and the challenges of the coronavirus pandemic, one Midwest-based workers’ compensation insurance provider that opened its doors just over three years ago reports that it not only has experienced significant growth during that time, it …
Pinnacol Assurance in Colorado is distributing general dividend checks to its customers totaling $50 million This is the sixth straight year the workers’ compensation carrier has distributed dividends. Nearly 53,000 employers in all counties throughout the state, or roughly 95% …
A Texas legislator has filed a package of bills he says is aimed at protecting injured first responders and their families. Rep. Jared Patterson, a freshman legislator representing District 106 in Denton County, serves on the House Committee on Business …
The coronavirus pandemic has had a significantly negative impact on North Dakota’s oil and gas industry, resulting in the shedding of thousands of jobs last year. The oil industry’s recovery has been slow. Job Service data show that North Dakota’s …
An Illinois-based container shipping company faces proposed penalties of $156,038 after an employee suffered a leg amputation and crushed pelvis when he fell off and was then run over by a powered heavy-lift vehicle used to move and stack steel …
Veronica Catalina Cortes-Ambrosio, 53, of Madera, Calif., was charged on two felony counts of insurance fraud after allegedly lying about physical limitations from an injury at work in an attempt to receive undeserved workers’ compensation benefits. An investigation by the …
Federal officials have cited an Oklahoma construction contractor for exposing its employees to trenching and excavation hazards, violations for which it has been cited previously. OSHA cited Cherokee Pride Construction Inc. of Sapulpa for serious violations related to excavation work. …
Daniel Clampitt, 41, of Denair, Calif., was arraigned on four felony counts including insurance fraud, grand theft and perjury for allegedly claiming to be too injured to work and simultaneously collecting $94,788 in workers’ compensation benefits while also working for …
