Workers' Compensation

Successful workers’ comp analytics starts with the right plan

For years, we’ve been hearing about the impending talent crisis in the insurance industry. Statistics indicate that a significant number of experienced insurance professionals are nearing retirement, and with industry...

Workers’ Compensation Medicare Set Aside Legislation Filed, Referred to Committee

On June 18, 2018, Senators Rob Portman (R-OH) and Bill Nelson (D-FL) introduced legislation aimed at reforming the Centers for Medicare and Medicaid Services’ (CMS) Workers’ Compensation Medicare Set-Aside (WCMSA)...

March Madness and Workers’ Compensation

March Madness, that phenomenon that grips the national sports psyche, is now in its final stretch. Over the past few weeks, I’ve seen some incredible college basketball games. Even though I was out of the office pool ...

Scrooge & Marley, PLC: A commercial insurance case study

Scrooge & Marley, PLC, was a privately held partnership in 19th-century England that operated out of a dingy warehouse in the Cornhill section of London. Partners Ebenezer Scrooge and Jacob Marley founded the “countin...

The Insurable Risks of Zombie Attacks on Small Businesses

Zombies are sweeping the nation—at least if you believe the media and pop culturists. The walking dead are everywhere, from cities and small towns to homes and offices. While most people try to eradicate them, few are...

PCS Terror Index: What You Need to Know

Unfortunately, 2016 has been an active year for terror. Year to date, two incidents in the United States have led to 49 fatalities. Turkey has suffered more than the recent attempted coup d’etat and Ataturk airport...

Traumatic brain injury deaths highest for small company construction workers

As you might imagine, the construction industry has the greatest number of both fatal and nonfatal traumatic brain injuries (TBIs) in U.S. workplaces. A total of 2,210 construction workers died because of a TBI from...

Education + Marketing = Better Loss Control + Customer Retention

In today’s competitive landscape, it’s critical for insurers to keep loss costs under control—not only through fast, fair, and consistent claims resolution but also by helping to reduce the number of claims. Educating...

Solving a problem before it’s a problem

Insurance trades, blogs, and websites devote a great deal of space to addressing two critical issues related to the risks associated with writing workers' compensation policies: claims costs and medical fraud. Claiman...

Don’t take workers' compensation applications at face value

Do you take a workers' compensation insurance application at face value? Or do you thoroughly research the applicant’s information, verify data fields, look at photos of the property, find out where the nearest...