In the News
New Captive Services Line Hits the Market
In order to boost its product offering and provide clients across the country with a wide range of options, Safety National recently launched its latest line: captive services. To find out more about the product, its role in the modern market and why alternative risk services are so important, Insurance…
Time to Rethink Workers Compensation?
The landscape of workplace risks has experienced extreme change over the past 50 years. Experts believe that now is the time redesign workers’ compensation so that it reflects current workforce risks and is adaptable to advances in medicine and science. Industry leaders are starting to question whether the current structure…
Making the Most of the Relationship with Your Excess Carrier
Your excess workers’ compensation carrier can be a huge ally when it comes to management. The primary role of an excess carrier is to reimburse insureds for workers’ compensation benefits paid above a self-insured retention (SIR). Stephen Peacock discusses how to make the most of your relationship with your excess…
First Responder Exposure to Violence
When risk managers with emergency service personnel (firefighters and emergency medical technicians) on the payroll read through descriptions of their losses, they may find phrases such as “employee struck by patient on head, employee was hit on the arm during a struggle with patient, or employee was punched in the…
Opt-Out Movement Stalls: For Now
Participation in a state workers’ compensation plan was mandatory in every state except Texas until 2013, when Oklahoma passed legislation allowing alternatives to the mandated state system. The Employee Injury Benefit Act allowed private sector employers to create individual — but equal — plans. Mark Walls, Vice President Communications &…
The High Risk of First Responder Patient Handling
EMS and Fire Rescue is, by definition, a high-risk profession. Patients are generally getting larger, while the profession is challenged to stay physically fit. The long hours and volume of calls in some urban areas can be overwhelming for understaffed EMS districts. The profession’s educational focus on dealing with combative…
Your Mobile Workforce is Driving Up Your Exposure
Public entities have a high volume of drivers on the road. Not only do we have to guard against employees driving distracted, but we also have to consider that the general public could be distracted when driving through our work areas. Matt McDonough, Senior Risk Control Manager, explains the various…
Healthy but Challenging Workers’ Compensation Market
The workers’ compensation market is healthy and robust. It’s both competitive and profitable. That’s good news for business owners, the insurance industry and injured workers. Beneath the positive news, however, is a layer of anxiety over how long the market will remain healthy. Mark Walls, Vice President of Communications and…
20 Work Comp Issues to Watch in 2016
Mark Walls and Kimberly George discuss their thoughts around 20 issues that the workers’ compensation industry should have on its radar for 2016 with Insurance Thought Leadership. Issues like the election year, Obamacare and the possible federalization of workers’ compensation could all have a major impact. View the article here.
Workers’ Comp Renewals Stable for 2016
Risk & Insurance reports that employers with good loss histories looking to renew their workers’ compensation insurance coverage for 2016 will likely encounter insurers holding their prices relatively level to retain the business. Seth Smith, Senior Vice President of Underwriting, discusses what the excess market can expect. View the article…
Turbulence Ahead in Workers’ Comp?
The workers’ compensation market is characterized as stable, but changes in the nation’s workforce, coupled with rapid-fire technological advancements, threaten to upset the balance of the industry. Mark Walls, VP of Communications & Strategic Analysis, discusses cost drivers and evolving claims models with PC360 in their article on the future…
Safety National’s Positive Impact on Injured Workers
At Safety National, we assist our policyholders in the management of their complex and catastrophic workers’ compensation claims with the goal of obtaining the best outcome for the injured workers. Our approach focuses on the collaborative team effort that is needed to achieve successful outcomes. A recent success story cumulated…
Workers’ Comp Market: Turbulence Ahead?
The workers’ compensation market could currently best be characterized as stable, but changes in the nation’s workforce—coupled with rapid-fire technological advancements—threaten to upset the balance of the industry. Mark Walls, Vice President of Communications & Strategic Analysis, weighs in on medical costs as a contributor to market conditions. View the…
California Closed Formulary Legislation Heads to Governor
With California’s closed drug formulary nearly a done deal, other states including Tennessee and Louisiana are exploring the idea. In this Risk & Insurance article, Sherri Hickey, Director of Medical Management, notes her support for state formularies and key factors of an implementation plan. View the article here.