Today’s issue of WorkCompRecap features the announcement from California Insurance Commissioner Ricardo Lara that he will maintain the workers’ compensation insurance benchmark rate at $1.45 per $100 of payroll. The decision results in an average advisory pure premium rate that is below the $1.56 average rate proposed by the Workers’ Compensation Insurance Rating Bureau of… [Read more]
Editor's Forum
CompLinks: 7/20/22
CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Maximizing Your TPA Relationship to Build Claims Results Carrier Chronicles Workers’ Comp Is Doing Great. But That Doesn’t Mean We Can Ignore the Risks Our Line Still Faces Risk & Insurance Be part of Safe + Sound Week Safety +… [Read more]
A New Leader Speaks!
In today’s issue of WorkCompRecap we announce a new leader, and the publishing of their new post in WorkCompWire’s exclusive “Leaders Speak” section! Leaders Speak features leaders from the Workers’ Compensation Industry, and focuses on issues that are timely, relevant, and thought provoking. Are you ready?? Find out who our new featured leader is right… [Read more]
CompLinks: 7/19/22
CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. 3 Steps to Best Support Families of a Catastrophically Injured Worker Carrier Chronicles Wondering How Inflation and The Talent Gap Affects Workers’ Comp? It’s Not as Straightforward as You May Think Risk & Insurance “Medicare Set-Asides” with Dan Anders –… [Read more]
WorkCompRecap: Legacy & Learning!
Today’s issue of WorkCompRecap features some great video content and a history lesson with a replay of the Department of Labor’s recent panel discussion on the 50-year legacy of the Report of the National Commission on State Workmen’s Compensation Laws and whether the workers’ compensation system is fulfilling its obligation to injured workers. In July… [Read more]
WorkCompRecap: Safety & Settlements!
Today’s issue of WorkCompRecap features the announcement from the DOL that OSHA will be launching enhanced enforcement initiatives to protect workers from known industry hazards in trenching and excavation work. The announcement comes after 22 workers have fallen victim to the deadly hazards in the first half of 2022, compared with 15 in all of… [Read more]
CompLinks: 7/15/22
CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Embracing new dimensions of return to work Sedgwick Blog How Can You Overcome Adversity After Unfortunate Events? It’s Settled: The Ametros Podcast Workers Comp Guaranty Funds – Silent Running J&L Risk Management Blog Editor’s Note: These links lead… [Read more]
WorkCompRecap: New Drug Report!
Today’s issue of WorkCompRecap features Enlyte’s release of the third portion of its 2021 Mitchell Pharmacy Solutions Drug Trends Series Report, which examines trends within the Opioid drug category. Key findings included that opioids continue to represent a decreasing proportion of overall scripts and costs – opioid scripts dropped 1.3%, and costs were down 3.2%… [Read more]
CompLinks: 7/14/22
CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Can Workers’ Comp Premiums Remain Favorable in the Face of Inflation? Risk & Insurance Workers comp market remains competitive Business Insurance New workers account for 35% of injuries, analysis of comp claims shows Safety + Health Magazine Editor’s… [Read more]
WorkCompRecap: Halftime Report!
Today’s issue of WorkCompRecap features NCCI’s release of its Mid-Year Highlights report, which found that overall workers compensation results for 2021 were strong and consistent with the recent past. NCCI noted that the industry has remained resilient as it faces challenges that have impacted both the labor force and the WC system as a whole,… [Read more]