Itasca, IL – The National Safety Council recently announced the finalists for the 2022 Green Cross for Safety® awards, presented annually to individuals and organizations that have demonstrated leadership in keeping people safe on and off the job. “This year’s Green Cross for Safety award finalists value safety each and every day,” said Lorraine Martin,… [Read more]
Risk Management News
NSC Teams Up with Safetytech Accelerator to Prevent Most Common Workplace Injury
Itasca, IL – The National Safety Council MSD Solutions Lab is proud to announce a new collaboration with Safetytech Accelerator, the first fully dedicated technology accelerator focused on safety and risk in industrial sectors, with a mission to make the world safer and more sustainable through wider adoption of technology. Together, Safetytech Accelerator and the… [Read more]
Groundspeed Launches Comprehensive Workers’ Compensation Product
Ann Arbor, MI – Groundspeed, a provider of SaaS-delivered smart submission and analytics solutions to the property & casualty insurance industry, recently announced it has launched a Workers’ Compensation data product. Groundspeed can now provide a 360-degree view of any workers’ compensation risk profile. With over 300+ data points derived and enriched from workers’ compensation… [Read more]
The Hanover Introduces i-on Sensor Program to Help Reduce Business Losses
Worcester, MA – The Hanover Insurance Group, Inc. (NYSE: THG) recently announced the launch of its Hanover i-on Sensor Program, which offers a robust set of technology-based services to help business and organization owners prevent workplace injuries, property damage, theft, and other losses offered through strategic partnerships. The IoT technology solutions enable business leaders to… [Read more]
CA WCIRB Releases September 1, 2022 Experience Modification Estimator
Oakland, CA – The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) recently announced the release of its September 1, 2022 Experience Modification Estimator (Estimator). The Estimator is for insurers, agents and brokers to help policyholders understand how payroll and claims experience will affect the computation of their September 1, 2022 and later experience modification… [Read more]
New NCCI Insights Report Examines Heterogeneity of Office and Clerical Classifications
Boca Raton, FL – NCCI recently released a new Insights report that examines Office and Clerical classifications, which represent a significant portion of workers compensation (WC) payroll. Do risks that are entirely in the Office and Clerical industry group (IG) have similar loss experience to office and clerical employees working in businesses that belong to… [Read more]
New Acuity Claims Data Analysis Helps Commercial Businesses Mitigate Common Causes
Sheboygan, WI – In recognition of National Safety Month, Acuity Insurance recently released data on its top commercial claims to aid businesses in better understanding opportunities to improve safety. Across the 120,000+ businesses Acuity protects, slips, strains and sprains are some of the most common commercial insurance claims. Almost 8% of all commercial claims over… [Read more]
Service Lloyds Adds Gradient AI for Workers’ Compensation Underwriting
Boston, MA – Gradient AI recently announced that Service Lloyds Insurance Company has adopted its solution to better predict risk and improve the pricing accuracy of workers’ compensation policies. Specializing in workers’ compensation insurance, Service Lloyds is a privately owned company rated A- (Excellent) by AM Best. Recently, the company has expanded its operations geographically… [Read more]
AmFed Adopts Gradient AI for Workers’ Comp Underwriting
Boston, MA – Gradient AI recently announced that AmFed has adopted Gradient’s Artificial Intelligence solution to streamline and improve its underwriting process to support future expansion. AmFed offers a broad spectrum of workers’ compensation insurance products and services, including Third Party Administration for self-insureds. The company provides workers’ compensation insurance in the Southeast, with nationwide… [Read more]
NSC, Amazon and More Pledge to Reduce Workplace Injuries by 25% by 2025
Washington, DC – Kicking off National Safety Month, and one year after announcing a historic partnership with Amazon (NASDAQ: AMZN), the National Safety Council unveiled the first-of-its-kind MSD Pledge to reduce the most common workplace injury, musculoskeletal disorders (MSDs). Today, during the inaugural Workplace Safety Summit: Business Action to Prevent Musculoskeletal Injuries, more than 15 of the nation’s… [Read more]