Missouri AG Settles with TPAs Over Workers’ Comp Violations
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 injuries to the Division of Workers’ Compensation within the prescribed time frame.
Attorney General Koster said Specialty Risk Services LLC, headquartered in Connecticut, and Broadspire Services Inc., headquartered in Georgia, are “third-party administrators” who contract with various companies to file reports of injury on behalf of those companies.
The law requires that certain accidents involving a worker be reported to the division within 30 days. Broadspire and SRS failed on multiple occasions to report these injuries in a timely manner.
Koster said under the agreement, Specialty Risk Services will pay the state $75,000, and Broadspire will pay $28,500. In addition, both companies admitted to violating the law, agreed to remain compliant for two years, and agreed to take necessary steps to prevent recurrence of future violations.
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