Verisk Blog— Insurance Solutions

Verisk's insurance solutions team is a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, we provide policy language, tools for fighting fraud, predictive modeling of risk, and much more.

We've created this blog to inform, update, and provide interesting information for our customers and the market overall. A variety of Verisk associates write the blog posts, and we welcome our customers' comments and feedback.

Top 2018 priority: Tighter data protection

Last year was a sobering year for cyber risk, with major corporations and government agencies alike hit hard by data breaches and cyberattacks that cost millions of dollars . The Equifax breach...

Budget Act of 2018 Limits Medicaid Third-Party Recovery Rights

President Trump signed a budget deal early February 9 th following a brief government shutdown while most Americans were fast asleep. While most of the headlines focused on the deal’s impact on...

CRC Transition Update: Temporary Halt on Recovery Activities

On February 2, 2018, the Centers for Medicare and Medicaid (CMS) issued its latest update regarding the Commercial Repayment Center (CRC) transition from CGI Federal to Performant Financial...

Changes on the Horizon for Workers’ Compensation Claims with IAIABC EDI Release 3.1

The International Association of Industrial Accident Boards and Commissions (IAIABC) develops standards for the Electronic Data Interchange (EDI) of workers’ compensation claims. Today, a growing...

Now Hear This: Medicaid Secondary Payer Recovery on the Rise

Up until now, Medicaid lacked the kind of mechanisms that Medicare has adopted for identifying and seeking payment recovery from responsible third parties. Yet, from a federal perspective, Medicaid...

Government Shutdown Ends – Congress and President Reach Deal

In an update to our blog article posted yesterday , the government shutdown has ended. Late yesterday, a bipartisan stop gap spending bill passed in the Senate 81-18, and in the House of...

Government Shutdown & Medicare Secondary Payer Impact

The federal government shutdown began on 12:01 a.m. EST this past Saturday, as a prior short-term spending bill expired and the failure of a short-term funding bill failed to pass the Senate. As of...

CMS Holds Town Hall Call on CRC Transition - CMS Provides Important Updates on ORM Recovery Transition

On January 18, 2018, the Centers for Medicare and Medicaid (CMS) held its Commercial Repayment Center (CRC) Non-Group Health Plan (NGHP) Town Hall presentation to address the upcoming transition of...

Medicare Advantage Plans Update: Illinois Court Indicates MAPs Have “Double Damages” Rights

Whether Medicare Advantage Plans (MAPs) have private cause of action (PCA) rights to sue claims payers (and others) for “double damages” under the Medicare Secondary Payer (MSP) statute remains a...

CMS Schedules NGHP CRC Transition Webinar for January 18, 2018

The Centers for Medicare and Medicaid Services (CMS) will be holding a webinar on Thursday, January 18, 2018 at 1:00 PM ET to provide information and details related to the transition of the...