June 21, 2017

WCRI: 10-18% of Injured Workers in 15 States Never Reached Substantial RTW

WCRI

Cambridge, MA – The Workers Compensation Research Institute (WCRI) recently released six new state studies published by compare outcomes of injured workers in Indiana, Massachusetts, Michigan, North Carolina, Virginia, and Wisconsin as well as nine other states. The outcomes examined include recovery of physical…[Continue Reading]

CWCI Reports Increase in CA Wages Will Require Increase in 2018 Workers’ Comp Benefits

California Workers Compensation Institute (CWCI)

Oakland, CA – California’s State Average Weekly Wage (SAWW) rose more than 3.6 percent to $1,206.92 in the year ending March 31, 2017, which the California Workers’ Compensation Institute (CWCI) notes will boost temporary total disability (TTD) and permanent total disability (PTD) rates for 2018 work injury claims and other workers’ comp…[Continue Reading]

A.M. Best Upgrades Credit Ratings of Builders Insurance and Subsidiaries

AM Best

Oldwick, NJ -(BusinessWire)- A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” from “a-” of Builders Insurance (A Mutual Captive Company) and its wholly owned subsidiaries, American Builders Insurance Company and National Builders Insurance…[Continue Reading]

New WCRI Study Measures Adequacy of Workers’ Compensation Income Benefits

WCRI

Cambridge, MA – The adequacy of income benefits to replace lost earnings of injured workers is measured in a new study released today by the Workers Compensation Research Institute (WCRI). “This report provides important metrics that policymakers can use to assess the adequacy of benefits in their state,” said Dr. John Ruser…[Continue Reading]

WCRI Announces Webinar on Choice of Provider in Workers’ Comp

WCRI

Cambridge, MA – Should the choice of provider in workers’ compensation cases be left to workers or employers? The Workers Compensation Research Institute (WCRI) will share its latest research informing this question during a 45-minute webinar on Wednesday, June 14, 2017, at 2 p.m. ET (1 p.m. CT, 12 noon MT, and 11 a.m. PT). The webinar…[Continue Reading]

TDI-DWC Research Group Releases Report on Compound Drugs in TX Workers’ Comp

TDI Texas Department of Insurance

Austin, TX – The Texas Department of Insurance’s Division of Workers’ Compensation Research Group recently released a new report that evaluates the utilization and cost patterns of compounded drugs dispensed in the Texas workers’ compensation system. Compounding is a process where a pharmacist or a physician combines…[Continue Reading]

WCRI Study: NC Costs per Workers’ Comp Claim Remained Steady Since 2009

WCRI

Cambridge, MA – Total costs per workers’ compensation claim in North Carolina have remained steady since 2009, according to a Workers Compensation Research Institute (WCRI) study, a contrast from the increases of the pre-2009 era. The study Monitoring the North Carolina System: CompScope™ Benchmarks, 17th Edition[Continue Reading]

New WCRI Study Finds Large Variation in Worker Attorney Involvement

WCRI

Cambridge, MA – A new FlashReport from the Workers Compensation Research Institute (WCRI) found wide variation in the percentage of claims with worker attorneys across 18 state workers’ compensation systems. According to the study, the percentage of claims with worker attorneys ranged from 13–14 percent in Wisconsin…[Continue Reading]

PCI Says IL Workers’ Comp Legislation Could Have Negative Consequences

PCI

Chicago, IL – The Illinois state Legislature recently passed workers’ compensation legislation HB 2525, which addresses rate regulation and makes other changes, and HB 2622, which would loan funds from the Illinois Workers’ Compensation Commission Operations Fund for the start-up and initial capitalization of the Illinois Employers…[Continue Reading]

NCCI Posts Annual Issues Symposium Videos and System at Work Stories

NCCI Holdings, Inc.

Baton Rouge, LA – NCCI recently announced that it has posted several great resources from its Annual Issues Symposium, which took place last week on its AIS Highlights page, including full presentation videos for the Our System@Work presentation by President and CEO Bill Donnell, and the State of the Line report by Chief Actuary Kathy Antonello…[Continue Reading]

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