Fort Worth, TX – CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, has launched a new Claims Risk Score interface in CareMC Edge®, CorVel’s integrated claims management platform. The new functionality leverages artificial intelligence and predictive analytics to identify which claims might go off track and provides actionable intervention recommendations to impact… [Read more]
Risk Management News
NSC: New Research Guides Employers on How to Prevent Serious Injuries and Fatalities
Itasca, IL – The Campbell Institute, the global center of environment, health and safety (EHS) excellence at the National Safety Council, released a new white paper, Serious Injury and Fatality Prevention: Leading Indicators, Cumulative Risk and Safety Networks — the third in a series on this emerging safety trend. This report introduces two frameworks to… [Read more]
NSC, DEKRA Publish Safety Technology Roadmap to Help Protect Workers
Itasca, IL – The National Safety Council, America’s leading nonprofit safety advocate, released a new white paper today through its Work to Zero initiative titled Safety Technology Pilot and Implementation Roadmap: Making Innovation Accessible. Developed in partnership with DEKRA, the report highlights challenges to innovation and provides a roadmap to assist employers on their safety journey. “Having safety technology… [Read more]
Selective Insurance Releases 10-Year Workplace Injury Trend Report
Branchville, NJ – Selective Insurance recently released results of a study of ten years of its workers compensation claims1. This study shows that, on average, employees in 2021 reported workplace-related injuries 18% earlier in their tenure than employees in 2011 – after 5.2 years of service compared to 6.4 years. This data points to a… [Read more]
RIMS: 36 Students Receive Grants to Attend RISKWORLD
New York, NY – RIMS recently resented 36 students with a 2022 Anita Benedetti Student Involvement Program grant. The program, sponsored by The Spencer Educational Foundation, recognizes the achievements of outstanding undergraduate and graduate risk management and insurance students. The students will receive complimentary registration and funds for travel and accommodations to attend RISKWORLD™, the… [Read more]
Origami Risk Launches Free EHS Maturity Self-Assessment Tool
Chicago, IL – Origami Risk recently announced that it has launched a new environment, health, and safety (EHS) maturity assessment tool that can be accessed online free of charge. The tool enables safety professionals to evaluate the effectiveness of their EHS programs, whether they are in the early stages of development or have been in… [Read more]
Trucept Announces New Risk Management Subsidiary
San Diego, CA -(BusinessWire)- Trucept Inc. (OTC Pink: TREP) recently announced its new subsidiary, Trucept Risk Management, Inc. Taking an innovative approach to the administration of workers’ compensation claims, the Company focuses on reducing Professional Employer Organizations’ costs. Andrew Jones, Trucept Risk Management’s President, states, “Professional Employer Organizations pay millions each year for workers’ compensation… [Read more]
WorkWell Introduces ErgoStart Program to Boost Hiring and Retention
Duluth, MN – WorkWell recently announced the launch of ErgoStart, a new program that assesses the worker and the work environment to help ensure workers can safely perform physical job tasks. The program includes a combination of ergonomics assessments and interventions, work practices, education, and health strategies for new and existing employees to help improve… [Read more]
MN WCRA Announces $600 Million Surplus Distribution
St. Paul, MN – The Workers’ Compensation Reinsurance Association (WCRA) recently announced a $600 million surplus distribution to its members and insurer policyholders. The distribution is the result of excellent investment returns and reductions in loss reserve liabilities from favorable inflation rates, declining claims frequency, and recent legislation. Recent Minnesota legislation was recommended by the… [Read more]
BWC announces Workforce Safety Innovation Center
Columbus, OH – The Ohio Bureau of Workers’ Compensation (BWC) recently announced $30 million in grants for research and development of personal protective equipment (PPE) innovations to enhance workplace safety. BWC’s new Workforce Safety Innovation Center (WSIC) will administer the grants with a goal of accelerating the process for innovations from proof-of-concept to the marketplace.… [Read more]