Business News: Tower MSA Partners Berkley One Method Insurance Services - Claims Journal

Tower MSA Partners Launches Quarterly Webinar Series

Tower MSA Partners is launching a free, quarterly webinar series to help payers become more proficient in settling workers’ compensation claims, Medicare Secondary Payer compliance and Medicare Set-Asides.

The first webinar on January 23 at 2 p.m. Eastern features a special guest instructor, Kerri Poe, CSCC, on the topic “Simple Cost Savings with a Structured MSA.”

“One of the simplest ways to lower the cost of a settlement is through a structured MSA that provides the injured worker a consistent stream of funds for injury related medical care over their life expectancy,” said Tower’s Chief Compliance Officer Dan Anders.

Attendees will learn how structured MSAs work, how the Centers for Medicare and Medicaid Services calculate a structured MSA, and how to convert a lump-sum MSA into a structured one.

“We’ll also look at the role of a structured settlement broker during pre-settlement negotiations and post settlement,” Anders added.

Future topics may include MSA cost mitigation, Medicare Advantage plan reimbursement, and effective Medicare conditional payment identification and resolution. To receive webinar notifications, please sign up for Tower’s MSP Compliance Blog at http://bit.ly/2QXWbtC.

Berkley One Expands to Florida and Ohio and Introduces Flood Insurance Product in New States

Berkley One, a startup insurance provider, begins 2019 by continuing its expansion into the states of Florida and Ohio as the organization marks the beginning of its second year in market. Working with select independent agents, Berkley One offers home, automobile, fine art and collectibles, excess liability and travel insurance solutions. With this launch, Berkley One also extends its flood insurance product to eligible Ohio, New York and Connecticut clients.

With the addition of these new geographies, Berkley One’s reach now covers 46 percent of the U.S. high net worth auto and home market, after just over one year in market.

Insurance solutions from Berkley One are now available in Florida, Ohio, New York, Connecticut, Illinois, Colorado, Arizona, Minnesota, and Wisconsin. Residents of these states can obtain a policy from Berkley One by visiting www.berkleyone.com to find an agent or request a quote.

Method Insurance Services Announces New Specialty Workers’ Comp Program

Method Insurance Services announced the launch of a Specialty Workers’ Compensation program with Service American Indemnity Company that focuses on an under-served market segment for challenging, high-hazard risks. The program will entertain middle market accounts with manual premiums between $10,000 – $250,000 that include a broad range of class codes with emphasis in construction, transportation, agriculture and healthcare industry groups.

Method is seeking to develop an exclusive distribution platform for franchise value to agencies, extensive appetite to write tough-to-place risks, and responsive customer service, loss prevention, and claims management processes.

The Method program will have the ability to support business across a national footprint, while initially targeting distribution partners in AZ, AR, CA, CO, IA, IL, KS, LA, MN, MO, NE, NV, NM, OK, SD, UT, and WI.

Method is a wholesaler and program administrator located in Omaha, Nebraska.

Was this article valuable?

Here are more articles you may enjoy.