workers’ comp News
How Digitization Can Enhance Workers Comp
When future insurance industry experts look back at 2020, they will commemorate it as the year that digital capabilities went from being a significant competitive advantage to an absolute necessity ...A Crisis Within a Crisis: How COVID-19 Is Driving the Opioid Epidemic
While the current national health conversation has largely centered on the COVID-19 pandemic, which has resulted in more than 200,000 deaths in the U.S. alone and more than a million worldwide, ...U.S. Commercial Lines Has Plenty of Room for Improvement: Fitch
With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has "plenty ...Workers Comp InsurTech Pie Raises $127M With Plan to Acquire Carriers
Workers compensation provider Pie Insurance announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined the InsurTech's current investors in the ...Holistic Workers Comp: Moving Beyond the Physical
For too many workers, the effects of injuries do not end when their physical harm is healed and they get back to their jobs. What begins as a work injury too often ends up leading to deep and ...COVID-19: On Disrupted Loss Reserve Diagonals and Lengthening Tails
It's axiomatic to assert that the coronavirus has changed everything both personally and professionally. Going forward, it'll be our aim at Assured Research to strike a balance. No one, of course, ...The Impact of Coronavirus on Workers Comp: NCCI
The National Council on Compensation Insurance (NCCI) has offered its perspective on the potential implications of coronavirus on the workers compensation industry. Compensability: Workers comp laws ...2018 Reserves Year in Review: Can Workers Comp Continue to Drive the Gravy Train of Releases?
2018 marked the 13th consecutive year in which the industry saw favorable prior-year reserve development bolstering calendar-year underwriting margins. Total releases for last year came in at over ...How AI Advances ‘No-Touch’ Resolution of Workers Compensation Claims: Opinion
Many human hours are needed to sort, analyze and process workers compensation claims—the vast majority of which are low in value.
The U.S. workers comp ...