Boca Raton, FL – The National Council on Compensation Insurance (NCCI) recently released a new Insights article offering perspective on the effect of COVID-19 (coronavirus) on the workers compensation industry, including compensability and economic impact. The COVID-19 virus (coronavirus) is the latest in a series of infectious diseases that have emerged over the last 20… [Read more]
Association, Rating & Research News
Mitchell Issues 1st Quarter 2020 Industry Trends Report
San Diego, CA – Mitchell International recently released its Industry Trends Report (ITR) for the first quarter of 2020. Mitchell executives share strategies for improving claims processing accuracy and efficiency; predictions for the 2020 workers’ compensation market; and insights on the fee schedule for Michigan’s new no-fault insurance law. The Casualty Edition: Balancing Claim Technology with the… [Read more]
TDI-DWC Research & Evaluation Group Releases 2020 Return to Work Report
Austin, TX – The Texas Department of Insurance Division of Workers’ Compensation’s (TDI-DWC) Research and Evaluation Group (REG) recently announced the release of its 2020 Return to Work Report. One goal of the Texas workers’ compensation system is to return injured employees back to work quickly and safely. The report analyzes return-to-work (RTW) outcomes for… [Read more]
AM Best Assigns Credit Ratings to Members of SFM Companies
Oldwick, NJ -(BusinessWire)- AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to SFM Mutual Insurance Company and its affiliates, SFM Safe Insurance Company and SFM Select Insurance Company, collectively known as SFM Companies (SFM). The outlook assigned to these Credit Ratings (ratings) is stable.… [Read more]
NCCI Releases Insights Comparing Workers’ Compensation and Group Health
Boca Raton, FL – NCCI recently released a new Insights brief that aims to compare the quantity and prices of physician services between the workers’ compensation and group health systems. Commercial group health insurance dwarfs the workers compensation (WC) healthcare market. These two coverages have important similarities, but there are significant differences. While WC medical… [Read more]
Two Coventry Leaders Appointed to AAPAN
Downers Grove, IL – Coventry recently announced the American Association of Payers, Administrators and Networks (AAPAN) has appointed two Coventry leaders to key positions. Kate Farley-Agee, Vice President of Network Products will serve as co-chair of the national organization and Lisa Anne Bickford, Coventry Director of Government Relations, will serve as Chair of the Pacific… [Read more]
New NSC Report Shares How Existing Technologies Can Save Employee Lives
Itasca, IL – The National Safety Council recently released its first Work to Zero research report, Safety Technology 2020: Mapping Technology Solutions for Reducing Serious Injuries and Fatalities in the Workplace. With workplace deaths in the U.S. on the rise, this new report indicates employers may not be doing enough to protect their workforce. “The… [Read more]
CWCI Study Tracks California Workers’ Comp Professional Medical Service Trends
Oakland, CA – A new study details changes in the utilization and reimbursement of California workers’ comp physician and non-physician medical services from 2013 through 2018 – a 6-year span during which the state transitioned to a Resource-Based Relative Value Scale (RBRVS) fee schedule mandated by 2012 legislative reforms (SB 863). The study, authored by… [Read more]
NCCI Releases INSIGHTS: 2020 Workers’ Comp Legislative Session Preview
Boca Raton, FL – NCCI recently released a new Insights brief highlighting 2019 legislative trends and hot topics, and previewing activity in 2020. NCCI continually monitors issues that could potentially impact the workers compensation system. In 2019, NCCI tracked almost 700 state and federal workers compensation-related bills and monitored almost 280 workers compensation-related regulations. More… [Read more]
Labor Economist Dr. Michael Horrigan to Keynote 36th Annual WCRI Workers’ Comp Conference
Cambridge, MA – The Workers Compensation Research Institute (WCRI) recently announced that Dr. Michael Horrigan, president of the W.E. Upjohn Institute for Employment Research and former associate commissioner with the U.S. Bureau of Labor Statistics, will keynote WCRI’s 36th Annual Workers’ Compensation Issues & Research Conference, March 5 and 6, 2020, in Boston, MA. “Mike… [Read more]