Third Party Administrator Update - Volume 2, 2013

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In This Issue:

- Nevada Begins Audits of TPAs

- Insurers Challenge Requirement to Use Social Security Death Master File

- ACLI Files Lawsuit Regarding Prohibition on Offshoring

- Tennessee Modifies Administrative Services Agreement Requirements

- Indiana Insurance Department Amends its Non-Resident TPA Application

- Third Party Administrator Licensing and Consulting Services

- Excerpt from Nevada Begins Audits of TPAs:

The Nevada Division of Insurance (the “Division”) recently initiated an audit program of third party administrators (“TPAs”) that administer workers’ compensation claims involving Nevada residents. The audit program was put in place to satisfy a required response to aspects of the Nevada Legislative Counsel Bureau’s audit of the Division. The audits are being conducted on behalf of the Division by A.M. Bennett & Company. Beginning in July, many TPAs received Examination Warrants and follow-up emails explaining the audits.

Please see full Update below for more information.

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Topics:  Audits, Insurers, Licensing Rules, Offshoring, Social Security, Third-Party, TPAs, Workers' Compensation Defense

Published In: General Business Updates, Insurance Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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