Portland, ME – The MEMIC Group recently announced its 10 recipients of The MEMIC Awards for 2021. The recognition honors those who demonstrate best practices in workforce safety, injury management, and workforce partnership. Nominated by MEMIC loss control staff, the six recipients of The MEMIC Award for Excellence in Safety are considered the best among more than 20,000… [Read more]
Risk Management News
RIMS Reaffirms Support for Newly Introduced Pandemic Risk Insurance Act of 2021
New York, NY – RIMS recently announced its continued support for Congresswoman Carolyn Maloney’s (D-NY) Pandemic Risk Insurance Act of 2021 bill that was introduced earlier this week. The proposed legislation would create a Federal program that provides a system of shared public and private compensation for business interruption losses resulting from future pandemics or public… [Read more]
ASSP Forms Policy Statements on Heat Stress and Pandemic
Park Ridge, IL – The American Society of Safety Professionals (ASSP) maintains data-driven and solutions-based positions on issues that impact occupational safety and health. ASSP has developed new policy statements on anticipated federal standards related to heat stress and COVID-19 as it aims to inform government officials and key stakeholders in improving the regulatory approach to workplace… [Read more]
NSC Research: Employer Vaccine Requirements Work, Most US Workers in Favor
Itasca, IL – The National Safety Council recently released a report conducted as part of its SAFER initiative — a comprehensive effort aimed at helping employers prioritize workplace safety amid the COVID-19 pandemic. The report comprised data from surveys and interviews conducted between June and August 2021, with responses representative of 300 U.S.-based employers and 3,785 individuals. Findings from… [Read more]
Origami Risk Packages Solutions for P&C Insurers, TPAs, Pools, MGAs to Administer Workers’ Comp Claims
Chicago, IL – Origami Risk recently announced it has packaged its popular online workers’ compensation claims administration solutions into a standard offering to help insurance carriers, third party administrators (TPAs), risk pools and managing general agents (MGAs) leverage built-in best practices, accelerate implementation timelines, and reduce related costs. “As the largest segment of the U.S.… [Read more]
NSC Announces 2021 Rising Stars of Safety
Itasca, IL – The National Safety Council recently announce its 12th class of Rising Stars of Safety – a group of leaders younger than 40 dedicated to making workplaces safer. The 38 honorees for 2021 have promoted continuous safety improvement within their organizations throughout the pandemic and created initiatives focused on measurable outcomes to provide workforces safe… [Read more]
Method Insurance Services to Integrate Origami Risk Policy Administration Suite
Nasvhille, TN – Origami Risk recently announced that Method Insurance Services (Method), a managing general underwriter specializing in workers’ compensation insurance, will enhance the effectiveness of its technology-based tools and resources with the addition of Origami Risk’s Policy Administration Solution Suite. Along with streamlining Method’s policy administration workflows, Origami will integrate with artificial intelligence and… [Read more]
CLARA Analytics and Unqork Partner on No-Code AI Claims Management Oversight
Santa Clara, CA – CLARA Analytics recently announced a partnership with Unqork to bring CLARA’s predictive AI analytics to enterprise risk managers and insurance carriers through risk management software built on Unqork’s no-code platform. This powerful combination will allow risk professionals to analyze and uncover key drivers of claim complexity and enable them to proactively… [Read more]
NCCI Releases Annual Workers Compensation Industry Loss Reserve Analysis
Boca Raton, FL – Every year, NCCI analyzes the overall adequacy of loss plus loss adjustment expense (LAE) reserves held by private carriers in the workers compensation (WC) insurance industry.1,2 The results reflect a comparison of projected ultimate loss ratios from NCCI’s analysis (NCCI selections) with those reported by carriers.3,4 NCCI’s loss reserve analysis helps… [Read more]
RIMS Announces Full-Vaccination Requirement at All Society Events
New York, NY – RIMS has implemented new guidelines that will require anyone who wishes to attend a RIMS in-person event to show that they are fully-vaccinated for COVID-19. The requirement is effective immediately for all events managed by RIMS staff, including the upcoming RIMS Enterprise Risk Management Conference and its Annual Conference & Exhibition… [Read more]