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Texas firm to pay $18M in WC fraud judgment. (Acme Truck Line Inc. started Transportation Financial Systems to elude payment of higher premiums for workers ... & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on May 18, 1992. The length of the article is 525 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Transportation Financial Systems has been ordered to pay $18 million in a workers compensation fraud case brought by the Texas Workers' Compensation Insurance Facility, Travelers Indemnity Co and the National Council on Compensation Insurance. By starting Transportation Financial Systems, Acme Truck Line Inc. hoped to avoid higher workers compensation premiums, based in Texas on a company's prior loss record. The two companies filed suit against Travelers when, after a protracted investigation, Travelers suspended their workers comp coverage.

Citation Details
Title: Texas firm to pay $18M in WC fraud judgment. (Acme Truck Line Inc. started Transportation Financial Systems to elude payment of higher premiums for workers compensation insurance and now the new company must pay)
Author: Angela K. Calise
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: May 18, 1992
Publisher: The National Underwriter Company
Issue: n20 Page: p6(2)

Distributed by Thomson Gale

Item tags:
workers, texas, transportation, pay, transportation financial systems, transportation financial, financial systems, truck line


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