A new CEO is in at Baton Rouge-based Stonetrust Commercial Insurance Company. Michael Dileo, most recently Senior Vice President of Operations at Stonetrust, has succeeded founding President Tim Dietrich, who led the company for 24 years. Louisiana Comp Blog spoke to Dileo about the future of the company under his leadership and what’s behind the persistent soft market in Louisiana.
The last decade has witnessed a near-constant refrain among industry experts that insurance is quickly becoming an aging sector. On a local level, the University of Louisiana Monroe’s (ULM) Department of Risk Management and Insurance (RMI) is hard at work to fill the gap, under the leadership of Christine Berry, Associate Professor of Risk Management and Insurance.
Another recent Louisiana Supreme Court case involving workers’ compensation has the industry buzzing – Paula Clavier v. Coburn Supply Company. The case, decided in favor of the employer, was overshadowed by the Burgess choice of pharmacy ruling, (issued the same day last month) but advocates for injured workers say that Clavier could have even wider implications.
The Louisiana Supreme Court issued a landmark decision last week granting employers choice of pharmacy, resolving a split in circuit courts up to this point.
Welcome to “Marginal Interests,” a series highlighting the varied reading habits of the local comp community. This time, we spoke to Trey Mustian, attorney with Stanga & Mustian and President of Louisiana Workers’ Advocates.
The Workers’ Compensation Research Institute (WCRI) hosted a webinar on its recent provider choice study, which on the surface found no statistically significant difference in costs between employee versus employer provider choice states.
The Louisiana Claims Association held its 2017 conference at the Hilton Capitol Center in Baton Rouge June 7th-9th. The event, now in its 23rd year, highlighted speakers from other parts of the country and featured a whole track of workers’ comp lectures. Jose Ortiz of Absolute Data Processing on medical marijuana and Mark Popolizio of ISO Claims Partners on MSAs were two out-of-state standouts.
HB 592, the bill which would have established the Work Loss Data Institute’s “Official Disability Guidelines” (ODG) Appendix A closed pharmacy formulary as the law of the land in Louisiana failed last week after members of the Senate Labor and Industrial Relations Committee ran out of time to hear the bill. Supporters and advocates of the measure, including the bill’s sponsor Rep. Talbot, say they’ll be back for more.
The bill that would establish the Work Loss Data Institute’s “Official Disability Guidelines” formulary in Louisiana appears to be indefinitely shelved as the deadline for scheduling a final meeting of the Senate Labor and Industrial Relations Committee before the end of the Session has passed.
Unlicensed contractors and contractors that neglect to maintain adequate workers’ compensation and general liability insurance can bring a world of problems for workers, consumers and carriers, but enforcement can be difficult, if not impossible. Representative Paula Davis, (R-Baton Rouge) in an effort to provide consumer protections, brought HB675 this Legislative Session, which is on track to hit the Governor’s desk this week.