Oakland, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) recently announced that it has released a new report, Impact of Economic Changes on California Workers’ Compensation. Highlights of the report include: Employment and wages for most industries have rebounded from the initial pandemic related changes in 2020, but employment in the Retail… [Read more]
Association, Rating & Research News
NCCI Releases New Report on Temporary Disability Duration in Workers’ Comp
Boca Raton, FL – NCCI recently released a new first-look report on Temporary Disability Duration in Workers’ Compensation, noting that the majority of lost-time claims receive temporary disability benefits at some point. Given their ubiquity, it’s important to develop a thorough understanding of these benefits. The brief is the first in a series on workers… [Read more]
WC Benchmarking Study Launches 2023 Survey, First Claims Frontline Poll Since COVID
Chicago, IL – Rising Medical solutions recently announced that the Workers’ Compensation Benchmarking Study’s annual survey is now open. For the second time in its 11-year history—and for the first time since COVID—the 2023 study will survey frontline claims professionals (instead of claims executives) to ascertain alignment between industry leadership and staff who directly handle… [Read more]
WCRI Webinar to Cover 24th Edition of CompScope Medical Benchmarks Report
Cambridge, MA – WCRI recently announced a one-hour webinar where Senior Analyst Carol Telles will share findings from CompScope™ Medical Benchmarks, 24th Edition and take audience questions. “The CompScope™ series is a valuable tool for monitoring how 17 state workers’ compensation systems are performing over time and how they compare to one another across a… [Read more]
CA DWC Posts 2022 Audit Unit Annual Report and Ranking Report
Oakland, CA – The Division of Workers’ Compensation (DWC) has posted the 2022 DWC Audit and Enforcement Unit annual report on its web page. The Audit Unit annual report provides information on how claims administrators audited by the DWC performed and includes the Administrative Director’s ranking report for audits conducted in calendar year 2022. The… [Read more]
BLS Releases Employer-Reported Workplace Injuries and Illnesses for 2021-22
Washington, DC – The U.S. Bureau of Labor Statistics recently reported that private industry employers reported 2.8 million nonfatal workplace injuries and illnesses in 2022, up 7.5 percent from 2021. This increase is driven by the rise in both injuries, up 4.5 percent to 2.3 million cases, and illnesses up 26.1 percent to 460,700 cases.… [Read more]
NCCI Releases New Report: Physician Service Utilization – A Multistate Review
Boca Raton, FL – NCCI recently announced the release of a new report that reveals key findings on physician service utilization across states. NCCI’s Annual Insights Symposium (AIS) 2023 presentation titled Under the Microscope: Medical Trends in Comp Guide described changes in the utilization of physician services over time, from 2012 to 2022. During that… [Read more]
WCRI: MN Medical Payments Continued Decline in 2020 & 2021, Likely Due to Pandemic
Cambridge, MA – During the first two years of the pandemic, medical payments per claim in Minnesota decreased 4 percent in 2020/2021, followed by a slight drop of 2 percent in 2021/2022, according to a new study from the Workers Compensation Research Institute (WCRI). This was mainly driven by decreases in utilization of medical services,… [Read more]
NCCI Releases 2023 Workers Compensation Financial Results Update
Boca Raton, FL – NCCI recently announced the release of its 2023 Workers Compensation Financial Results Update, which provides financial results for the workers compensation (WC) insurance line of business for 2022, as well as preliminary information for 2023. At its Annual Insights Symposium (AIS) in May 2023, NCCI presented the State of the Line… [Read more]
CA WCIRB Releases 2023 Geo Study with Interactive Map
Oakland, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) recently released its 2023 WCIRB Geo Study, which underscores regional differences in claim characteristics across California. The web-based interactive map allows you to quickly view key measures across regions. Key findings included: Even after controlling for regional differences in wages and industry mix,… [Read more]