What’s Happening with Workers Comp Drug Costs

Overall pharmacy spending increased 2.2 percent for U.S. workers compensation payers in 2015 due to higher drug prices, according to a report by benefit manager Express Scripts. That overall increase ...

Actuaries, Data Scientists at Odds: Novarica

With roughly one-in-three insurance companies expanding or piloting data science units in 2016, they may be facing an unanticipated problem—friction between their actuaries and data scientists, ...

Breaking the Cycle of Reduced Profitability

The property/casualty insurance industry is wrestling with a troubling paradox: how to cut costs without compromising quality. The U.S. P/C Composite rate was down 4 percent in December 2015, ...