Latest Third Party Administrator Headlines

All the headlines from our Third Party Administrator Topic Page, ordered by recency.

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...

American Claims Management Now Managing GL & Excess Claims For Golden Insurance Company Risk Retention Group

Jul 24 2014 // San Diego, CA, 07/24/14 – National third party administrator (TPA) American Claims Management, Inc. (ACM) was chosen by Golden Insurance Company Risk Retention Group (RRG) to manage its general liability and excess...

American Claims Management Earns Security American Risk Retention Group Business

Jun 16 2014 // San Diego, CA, 06/16/14 – Security America Risk Retention Group (RRG) has appointed American Claims Management Inc. (ACM), a national third party administrator (TPA), to manage its general liability and professional...

Burand’s Agency E&O Blog: Tip #53

Jan 23 2014 // TPA Activities. Some agencies are unknowingly conducting TPA activities. Others are knowingly offering these services without knowing whether their E&O policy will provide coverage. Many insurance agency E&O...

Bill Giving White House ‘Fast Track’ Trade Pact Authority Filed But Passage Uncertain

Jan 10 2014 // U.S. lawmakers on Thursday proposed a bill to give the White House power to fast-track international trade agreements as the United States gears up for a hectic year of trade negotiations.The bill would let the...

American Claims Management Wins El Camino Hospital Contract

Aug 1 2013 // San Diego, CA, 08/01/13 – American Claims Management Inc. (ACM), a national third party administrator (TPA), has been selected as the workers’ compensation TPA for El Camino Hospital in Northern California.As a...

New Residential Earthquake Claim Program Introduced by American Claims Management and QBE

Jun 18 2013 // San Diego, CA, 06/18/13 – American Claims Management Inc. (ACM), a national third party administrator (TPA), is pleased to announce that it has been appointed as the TPA for a new residential earthquake claim program for...

Michigan Pair Plead Guilty to Embezzling from Workers’ Comp TPA

Jun 6 2013 // Michigan’s attorney general announced that the former CEO and a bookkeeper of a non-profit workers’ compensation insurance-related organization have pleaded guilty to embezzling millions.Michigan Attorney...

White House Says Will Seek ‘Fast-Track’ Trade Authority

Mar 4 2013 // The White House on Friday said it would work for approval of politically contentious legislation that would ease the way for new trade deals, as it tries to wrap up talks on an Asia-Pacific free-trade agreement this...

U.S. Trade Official Says Budget Cuts Could Impair Trade Agenda

Mar 1 2013 // A top U.S. trade official warned that automatic budgets cuts that start taking effect on Friday could hamper ongoing U.S. trade talks in the Asia-Pacific region and another proposed set of negotiations with the European...

N.J. Probes Workers Comp TPAs’ Side Deals With Vendors

Sep 24 2012 // The New Jersey comptroller’s office says some workers’ compensation third party administrators (TPAs) have undisclosed side agreements with their vendors which require payments back to the TPAs.This...

Ryan Specialty to Buy Direct Group in UK

Sep 18 2012 // The Ryan Specialty Group (RSG) announced that it would “significantly strengthen its MGA and third party administration (TPA) capabilities in the UK” with an agreement to acquire insurance services provider...

N.J. Scrutinizes Workers Comp TPAs’ Side Deals With Vendors

Sep 6 2012 // New Jersey’s comptroller office says some workers’ compensation third party administrators (TPAs) have undisclosed side agreements with their vendors which require payments back to the TPAs.This...

What to Know About Public Entity Self-Insured Retention Programs

Feb 6 2012 // Public entities across the nation must professionally manage the numerous required services that communities demand. Such services are expensive to operate and, in recent tight budget years, entities are often forced to...

Texas-based HealthSmart to Acquire Wells Fargo TPA

Oct 19 2011 // HealthSmart Holdings Inc., based in Dallas, Texas, has entered into a definitive agreement to acquire Wells Fargo Third Party Administrators Inc., the medical third party administration (TPA) business of Wells Fargo...

People

Jul 18 2011 // Bob Shepard, board chairman of Shepard Walton King Insurance Group in Harlingen, was installed as president of the Independent Insurance Agents of Texas for 2011-2012 during the association’s annual business meeting...

Florida Firm Inspires Workers’ Comp TV Sitcom

Jun 6 2011 // Lights…Camera…Action” is not a phrase often used within the insurance industry. That’s about to change thanks to a new television show created to document the comedic aspect of adjusting...

Texas’ February Enforcements Bring Nearly $1M in Fines, Restitution

Apr 8 2011 // Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during February 2011 resulted in fines and restitution totaling $920,170. The Texas Department of Insurance announced that the...

American Claims Management Appointed TPA for Large Self-Insured Group

Mar 30 2011 // San Diego, CA, 3/30/11 – American Claims Management, Inc. (ACM) has been appointed as the third party claims administrator for the California Restaurant Mutual Benefit Corporation (CRMBC), the largest self-insured...

Missouri AG Settles with TPAs Over Workers’ Comp Violations

Feb 21 2011 // Missouri Attorney General Chris Koster reached agreements with two companies that the attorney general’s office says violated Missouri’s workers’ compensation law by knowingly failing to report worker...