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California Division of Workers’ Comp Issues Revised Drug Formulary Regulations

The California Division of Workers’ Compensation has issued modified proposed regulations to adopt the medical treatment utilization schedule drug formulary. The proposed rulemaking implements Assembly Bill 1124, which mandates the adoption of an evidence-based drug formulary. DWC has reviewed comments …

Senate GOP Fails with Obamacare Repeal Effort

Republican efforts to overhaul or repeal Obamacare collapsed in the U.S. Senate on Tuesday, dealing a sharp setback to President Donald Trump and the Republican Party’s seven-year quest to kill former President Barack Obama’s signature healthcare law. The disarray in …

SelectHealth’s Schneider Joins GBS Benefits in Utah as President

Salt Lake City, Utah-based GBS Benefits Inc. has named Scott Schneider president. Schneider has a background in finance, underwriting and sales. Rick Fielding, who has been the president of GBS since the company’s inception in 1989, will continue to lead …

California’s Drought Is Over, but a New Report Shows Wildfire Risk is High for Millions

California’s drought-ridden feet aren’t out of the proverbial fire yet. This years’ powerful winter storms ended perpetual discourse about the state’s multiyear drought, but there are still 4.5 million homes at high or extreme risk of wildfire in California and …

Travelers Launches Usage-Based Insurance App for Personal Auto Customers

The Travelers Companies, Inc. has launched IntelliDrive smartphone app, which gives customers insights into their driving habits and auto insurance priced according to how they drive. Customers who use the app and drive safely can save up to 20 percent …

Novarica: Commercial Insurers Prioritizing Tech Advancements

A new report by the research and advisory firm, Novarica, shows that commercial insurance carriers are modernizing policy administration systems and agent portals to support complexities of business. Novarica also says use of drones, internet of things (IoT), and mobile …

Credit Ratings of Texas’ State Farm Lloyds Upgraded

A.M. Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “bbb+” of State Farm Lloyds in Richardson, Texas. A.M. Best also has affirmed the FSR of …

California Commissioner Wants Investigation Following Airline Near Miss

California Insurance Commissioner Dave Jones, who was a passenger last week on the Air Canada flight 759 that nearly landed on a taxiway at San Francisco International Airport, has sent a letter to the airline and three aviation and transportation regulators …

Marsh Hires deLaricheliere to Lead U.S. Banking and Capital Markets Practice

Marsh has hired Alex deLaricheliere to lead its U.S. Banking and Capital Markets Practice. In this newly created role, deLaricheliere is responsible for ensuring that Marsh delivers its risk advisory and transactional services to the firm’s banking and capital markets …

Idaho Manure Pond Deaths Raise Concerns About Farmworker Safety

It was still dark the morning Ruperto Vazquez-Carrera began his shift at Sunrise Organic Dairy in Idaho. It was mid-February 2016. A winter heat wave had melted snow and ice overnight, flooding part of the rural Jerome County farm. A …

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