NCCI recently announced the release of a new report, The COVID-19 Recession at Year-End: Perils and Prospects for 2021, as part of its Quarterly Economics Briefing for Q4 2020. The latest report reviews the state of the COVID-19 recession going into 2021, and considers what changes are likely to persist in a new, post-COVID economy.… [Read more]
Industry News
CA DWC Posts Report on Independent Bill Review
San Francisco, CA – The Department of Industrial Relations (DIR) and its Division of Workers’ Compensation (DWC) recently posted a progress report on the department’s Independent Bill Review (IBR) program. IBR is a process used to resolve billing disputes for medical treatment and medical-legal services provided to injured workers. The 2020 Independent Bill Review (IBR)… [Read more]
Victory Insurance Expands MGA Program with Insurity ‘Workers’ CompXPress’ Solution
Hartford, CT – Insurity recently announced that Victory Insurance has expanded its Workers’ CompXPress implementation to 47 states in less than two months to power its managing general agent (MGA) program. Through Insurity’s best-in-class, highly-configurable solution purpose-built for workers’ comp insurers, Victory is now able to provide its carrier and MGA partners with a full… [Read more]
ClearPath Mutual Hires Schafer as Production Underwriter
Louisville, KY – ClearPath Mutual Insurance Company recently announced the appointment of Tom Schafer as a Production Underwriter. He will be based out of Avon, Indiana, and will handle producers in Indiana. The Production Underwriter is responsible for writing new business and retaining quality renewal business, along with managing and building positive, professional relationships with… [Read more]
New WCRI Study Analyzes Early Impact of COVID-19 on Workers’ Compensation Claims
Cambridge, MA – A new study from the Workers Compensation Research Institute (WCRI) addresses how the massive slowdown of economic activity early in the pandemic impacted workers’ compensation, and to what extent COVID-19 claims have arisen in the workers’ compensation system. The study, The Early Impact of COVID-19 on Workers’ Compensation Claim Composition, analyzed paid… [Read more]
Arthur J. Gallagher & Co. Acquires Atlas General Insurance Services
Rolling Meadows, IL – Arthur J. Gallagher & Co. (NYSE: AJG) recently announced the acquisition of San Diego-based Atlas General Holdings, LLC, dba Atlas General Insurance Services. Founded in 2009 by Bill Trzos, Atlas is a full-service, multiline program manager and managing general agency (MGA) offering workers compensation, commercial lines and specialty property programs nationwide,… [Read more]
Carisk Partners Appoints Alana Letourneau, MD, MBA to Chief Clinical Strategy Officer
Miami, FL – Carisk Partners recently announced the promotion of Alana Letourneau, MD, MBA to Chief Clinical Strategy Officer, effective immediately. Dr. Letourneau will continue to report to Joseph Berardo, Jr., CEO, Carisk. With this latest promotion, Dr. Letourneau will oversee the Carisk Physician team across all lines of business with continued responsibility for the… [Read more]
Senior Level Former Coal Official in KY Charged for Defrauding Regulators About Black-Lung Risks
Madisonville, KY – United States Attorney Russell M. Coleman recently announced the charging of an additional former supervisor and safety official from Armstrong Coal, in addition to the 8 previous officials charged by a Federal Grand Jury, for conspiracy to defraud an agency of the United States government by deceit, trickery and dishonest means. The… [Read more]
Launch of “The Transitions” Aims to Address Workers’ Comp Talent Crisis
Atlanta, GA – A free national webinar on January 21 at 3:00 p.m. EST will officially launch the year-long effort by The Transitions to ignite proactive planning by the workers’ compensation industry as it stares down its greatest current threat – the generational change of talent. The Transitions is a movement to inspire strategic thinking… [Read more]
Texas Mutual Selects Guidewire Cloud for Business Growth
San Mateo, CA – Texas Mutual Insurance Company and Guidewire Software, Inc. (NYSE: GWRE) recently announced that Texas Mutual has chosen Guidewire Cloud to power its core operations. A Guidewire customer since 2014, the company originally implemented Guidewire in a self-managed, on-premises mode. Transitioning to Guidewire Cloud will enable Texas Mutual to simplify its IT… [Read more]