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Insights that power innovation

11th Circuit Teaser
April 26, 2023

Starting April 29, 2023, CMS Will Use the 2020 CDC Life Table for WCMSAs

The (CMS) has announced that beginning April 29, 2023, it will use the new 2020 CDC Life Table to calculate adjusted life expectancies in (WCMSAs).

Cms Releases Section
April 25, 2023

CMS releases Section 111 NGHP User Guide (Version 7.1, April 24, 2023)

The Centers for Medicare and Medicaid Services (CMS) has released an updated Section 111 NGHP User Guide (Version 7.1, April 24, 2023)

Second Circuit Teaser
April 25, 2023

Second Circuit dismisses Medicare Advantage “double damages” lawsuit on standing grounds – rules the insurer’s Section 111 reporting did not establish liability

In an interesting new Medicare Advantage recovery decision, the United States Second Circuit Court of Appeals in MSP Recovery Claims.

Q1 Quarterly Report 23
April 12, 2023

Reconstruction cost dips signal increased market stabilization

Total reconstruction costs, including materials and labor, increased 3.1% from April 2022 to 2023. Costs continue to slow down and steady.

Weather Teaser
April 6, 2023

Severe thunderstorms and hail: Concentrated events that pack a punch

Severe thunderstorms are a common natural phenomenon in the US, causing more than half of annual reported insured losses since 1985.

Emerging Issues Teaser 1
April 4, 2023

Emerging Issues Bracket Recap: Your Top Topic Picks in 2023

Your top concern? PFAS “forever chemicals.”

Undetected Fraud Teaser
April 3, 2023

Uncover the Undetected Fraud in Your Claim

Annually, insurance fraud steals roughly $308.6B from American consumers. Self-insureds could be vulnerable to insurance fraud and undetected leakage.

Lousiana Froi Teaser
March 31, 2023

Reminder update: Louisiana transitions to Release 3.1 regarding First Report of Injury (FROI) reporting effective May 22, 2023

This is an important reminder that the (LWC) will transition from EDI Claims R3.0 (FROI only) to EDI Claims R.3.1 (FROI only) effective 05/22/23.

Dci Teaser
March 31, 2023

Changing of the Guard: Detail Claim Information (DCI) is sunsetting and the Indemnity Data Call (IDC) will take over – what you should know

The DCI is now scheduled to sunset at the end of December 2023 and is being replaced by the Indemnity Data Call (IDC).

Nft Insurance Teaser
March 31, 2023

NFTs: insurance risks and legal considerations

Like most new technologies, NFTs come with associated legal considerations, as well as related risks and exposures.

Florida Tplf Teaser
March 29, 2023

Florida (and other states) take aim at regulating Third-Party Litigation Funding

With the state legislative season in full-swing, Florida, along with several other states, has introduced legislation focused on regulating (TPLF).

Portfolio Analysis Teaser
March 28, 2023

Aligning a small commercial insurance book with reality—and strategy

A portfolio analysis can uncover new risks, reveal opportunities to true up coverages, and show where rate increases may be warranted

Retain Talent Teaser
March 24, 2023

Retain talent and avoid the “brain drain” with ISO Education

ISO Education is a resource for insurers training new hires, cross-training existing employees, or helping employees develop their careers

Waiting For Cms Teaser
March 21, 2023

Waiting for CMS’s Section 111 penalties “final rule” – status, updates, and what’s next

Presently, the industry is waiting for CMS to release its Section 111 CMPs “final rule” to the public.

Data Management Teaser
March 17, 2023

How MGAs and insurers can turn data liabilities into data assets

Organize and enhance data collection and management practices to enable competitive positioning and business differentiation.

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