Subrogation

Plymouth Rock Assurance Corporation Appoints Max Malaret as Vice President of Claims

Retrieved on: 
Wednesday, October 11, 2023

Today, Plymouth Rock Assurance Corporation announced that Max Malaret has joined its Independent Agency Auto Group as Vice President of Claims.

Key Points: 
  • Today, Plymouth Rock Assurance Corporation announced that Max Malaret has joined its Independent Agency Auto Group as Vice President of Claims.
  • In this role, Malaret will lead the Physical Damage team and provide oversight to claims training and leadership development, and drive strategic direction for claims operations.
  • “Max brings a breadth of experience from across the claims discipline,” said Paul Measley, Chief Claims Officer, Plymouth Rock Assurance Corporation.
  • For more information about career opportunities at Plymouth Rock Assurance, visit: www.plymouthrock.com/about/careers

Custard Companies Expands into Canada with Acquisition of SIAdvisers Consulting & Solutions, Inc.

Retrieved on: 
Monday, November 7, 2022

PEACHTREE CORNERS, Ga., Nov. 7, 2022 /PRNewswire/ -- Custard Companies is pleased to announce its expansion into the Canadian market with the acquisition of SIAdvisers Consulting & Solutions, Inc., a Toronto-based company, and its subsidiary, Desktop Solutions.

Key Points: 
  • PEACHTREE CORNERS, Ga., Nov. 7, 2022 /PRNewswire/ -- Custard Companies is pleased to announce its expansion into the Canadian market with the acquisition of SIAdvisers Consulting & Solutions, Inc., a Toronto-based company, and its subsidiary, Desktop Solutions.
  • "We are extremely excited to expand into the Canadian market with the talent and experience of SIA," states Charlie Peek, CEO of Custard.
  • Scott Francis, President and CEO of SIAdvisers stated "The synergy between our organizations was a driving factor in the decision to be acquired by Custard.
  • We are very excited to see what the future holds for SIA under the Custard umbrella."

Custard Companies Expands into Canada with Acquisition of SIAdvisers Consulting & Solutions, Inc.

Retrieved on: 
Monday, November 7, 2022

PEACHTREE CORNERS, Ga., Nov. 7, 2022 /PRNewswire/ -- Custard Companies is pleased to announce its expansion into the Canadian market with the acquisition of SIAdvisers Consulting & Solutions, Inc., a Toronto-based company, and its subsidiary, Desktop Solutions.

Key Points: 
  • PEACHTREE CORNERS, Ga., Nov. 7, 2022 /PRNewswire/ -- Custard Companies is pleased to announce its expansion into the Canadian market with the acquisition of SIAdvisers Consulting & Solutions, Inc., a Toronto-based company, and its subsidiary, Desktop Solutions.
  • Scott Francis, President and CEO of SIAdvisers stated "The synergy between our organizations was a driving factor in the decision to be acquired by Custard.
  • We are very excited to see what the future holds for SIA under the Custard umbrella."
  • "We are extremely excited to expand into the Canadian market, especially with such talented and experienced professionals as those at SIA," states Custard CEO, Charlie Peek.

NASP Verified Subrogation Data

Retrieved on: 
Friday, August 19, 2022

These groups are falsely using the name of NASP (National Association of Subrogation Professionals) without permission and erroneously citing NASP as the source.

Key Points: 
  • These groups are falsely using the name of NASP (National Association of Subrogation Professionals) without permission and erroneously citing NASP as the source.
  • The data is false and does not represent true metrics of the subrogation industry.
  • NASP Benchmarking reports are a trusted source of accurate and timely subrogation data.
  • NASP Benchmarking reports are a trusted source of accurate and timely subrogation data.

AF Group Announces 2022 Employee and Leadership Awards

Retrieved on: 
Wednesday, August 17, 2022

LANSING, Mich., Aug. 17, 2022 /PRNewswire/ -- AF Group , a nationally recognized holding company whose affiliated brands provide specialty and workers' compensation insurance solutions across the United States, has named the recipients of its annual employee and leadership awards.

Key Points: 
  • LANSING, Mich., Aug. 17, 2022 /PRNewswire/ -- AF Group , a nationally recognized holding company whose affiliated brands provide specialty and workers' compensation insurance solutions across the United States, has named the recipients of its annual employee and leadership awards.
  • These significant honors recognize individuals who demonstrate outstanding character, leadership and an exceptional commitment to the award-winning People First culture of AF Group and its brands.
  • "Kim is an incredible asset to AF Group," said Lisa Corless, president and CEO.
  • In addition to Leader of the Year and Employee of the Year, AF Group recognizes outstanding employee contributions with the Pinnacle, Horizon and Legend Awards.

MASSIVE Announced as Exclusive Lien Resolution Administrator for Mallinckrodt Opioid Bankruptcy Trust

Retrieved on: 
Tuesday, June 21, 2022

SOUTHFIELD, Mich., June 21, 2022 /PRNewswire/ --MASSIVE: Medical and Subrogation Specialists have been selected by the Personal Injury Trustee and Claims Administrator to be theexclusive Lien Resolution Administrator for the Mallinckrodt Opioid Bankruptcy Trust mass tort litigation.

Key Points: 
  • SOUTHFIELD, Mich., June 21, 2022 /PRNewswire/ --MASSIVE: Medical and Subrogation Specialists have been selected by the Personal Injury Trustee and Claims Administrator to be theexclusive Lien Resolution Administrator for the Mallinckrodt Opioid Bankruptcy Trust mass tort litigation.
  • MASSIVE has a wide range of experience working on Mass Tort projects and were also selected as the exclusive lien resolution administrator in the Just for Men and Purdue Opioid Bankruptcy Trust litigations, and the Flint Water co-lien resolution administrator.
  • In 2020, Mallinckrodt Pharmaceuticals agreed to settle for $1.6 billion for their role in the opioid epidemic.
  • MASSIVE: Medical and Subrogation Specialists is a nationwide provider of healthcare lien resolution services.

Ambac Assurance Corporation Reports Preliminary First Quarter 2022 Impact of Recent Material Developments

Retrieved on: 
Wednesday, March 30, 2022

Both developments are expected to have a material effect on Ambacs consolidated financial results for the first quarter of 2022.

Key Points: 
  • Both developments are expected to have a material effect on Ambacs consolidated financial results for the first quarter of 2022.
  • Complete first quarter 2022 consolidated financial results will be filed in Ambac's first quarter 2022 Form 10-Q and discussed during its earnings call which the company will announce at a later date.
  • Ambac Financial Group, Inc. (Ambac or AFG) is a financial services holding company headquartered in New York City.
  • Ambac Financial Groups (AFG) and its subsidiaries (collectively, Ambac or the Company) actual results may vary materially, and there are no guarantees about the performance of Ambacs securities.

Root Insurance selects Tractable as a strategic AI partner to streamline claims operations

Retrieved on: 
Friday, January 7, 2022

NEW YORK, Jan. 7, 2022 /PRNewswire/ -- Root Insurance, a leading US insurtech, will use artificial intelligence (AI) to streamline and accelerate its claims operations using Tractable's suite of AI solutions.

Key Points: 
  • NEW YORK, Jan. 7, 2022 /PRNewswire/ -- Root Insurance, a leading US insurtech, will use artificial intelligence (AI) to streamline and accelerate its claims operations using Tractable's suite of AI solutions.
  • Root will launch the partnership with the AI Subro solution from Tractable to enable Root to assess and respond to subrogation demands more accurately and efficiently.
  • After testing market solutions head-to-head, Root chose Tractable, which specializes in AI for accident and disaster recovery, as its strategic partner to fulfill its ambitious AI strategy across its claims operations.
  • By integrating Tractable's AI, Root will accelerate its end-to-end claims process, beginning with subrogation.

MultiPlan Appoints Industry Veteran to Lead Surprise Bill Arbitration Services

Retrieved on: 
Tuesday, October 26, 2021

In this position, Longo will lead MultiPlans surprise bill arbitration services, a critical component of the No Surprises Act, passed in December 2020.

Key Points: 
  • In this position, Longo will lead MultiPlans surprise bill arbitration services, a critical component of the No Surprises Act, passed in December 2020.
  • Other provisions include ensuring patients are only responsible for in-network cost-sharing amounts for these services, and establishing a dispute resolution process for any provider-payer disputes.
  • Deadlines for a variety of the mandates are approaching quickly and MultiPlan is prepared to lead its customers through the challenges these requirements present.
  • Using a combination of existing and new services, MultiPlan customers can reduce the occurrence of surprise bills, and strategically negotiate reimbursements when they do occur.

MultiPlan Rolls Out Updated Payment and Revenue Integrity Services; Helping Payors Prevent, Correct, and Recover Throughout Claims Lifecycle

Retrieved on: 
Wednesday, September 8, 2021

The expanded service offering is focused on helping payors convert recoveries into future correction and prevention opportunities throughout the lifecycle of a healthcare claim.

Key Points: 
  • The expanded service offering is focused on helping payors convert recoveries into future correction and prevention opportunities throughout the lifecycle of a healthcare claim.
  • These factors contribute to incorrectly paid claims, improper reimbursements, or claims that shouldn't be paid at all.
  • MultiPlans Payment and Revenue Integrity services analyze eligibility and claims data to ensure claims are paid correctly the first time.
  • MultiPlan is committed to helping healthcare payors manage the cost of care, improve their competitiveness and inspire positive change.