“No fault” isn’t no fault. “Exclusive remedy” isn’t exclusive. And the century-old “grand bargain” in workers’ compensation will keep changing. Mark Walls, Vice President Communications & Strategic Analysis, summarizes the latest legal challenges to the workers’ compensation system in this Insurance Thought Leadership article. View the full article here.
Choosing a reinsurer is a very important decision given the long-tail nature of workers’ compensation claims. By definition, you are establishing a long-term relationship with the reinsurer that you select. Ray Harkins, Senior Vice President and head of Safety National Re, breaks down the essential elements of choosing a workers’…
Cyndee Morton, Vice President of Policy Services Administration, offers insight on how technology has transformed the insurance industry. Advances in technology have enabled the insurance industry to increase efficiency, provide flexility in the underwriting process, and other service practices. View the entire article here.
At RIMS 2015, Workers’ Compensation stakeholders participated in WorkCompWire’s “RIMS Review.” Steve Luebbert, Chief Operating Officer, weighs in on the current challenges and trends that are potential big changes in the Workers’ Compensation industry. See what he focused on for this year and for the future. See what Steve had…
Cyndee Morton, Vice President of Policy Services Administration, offers best practices for policy services administration to WorkCompWire’s Leader Speaks series.”Doing what we’ve always done” should not be the status quo.Policy services teams are tasked with controlling costs while producing positive results. View the entire article here.
There is no shortage of idioms for workers’ compensation experts who are concerned over a decision last week from the New Mexico Court of Appeals, which found that medical marijuana qualifies as treatment for injured workers. Mark Walls, Vice President Communications & Strategic Analysis, shares his predictions on if we…
President Barack Obama signed in a six year renewal of Terrorism Risk Insurance Act (TRIA) last Tuesday, and workers’ comp insurers sighed in relief after thirteen days of uncertainty following the expiration of the previous bill at the end of 2014. Mark Walls, Vice President Communications & Strategic Analysis, weighs…
Tis the season for reflections on the past and predictions for the future. As we kick off 2015, Mark Walls, Vice President of Communications & Strategic Analysis, writes about his thoughts on the workers’ compensation issues to watch this year on Insurance Thought Leadership. View the full article here.
Insurance Journal interviewed several insurance executives on their outlook while the industry expects the new Congress that convenes this week to act quickly to reauthorize the Terrorism Risk Insurance Act (TRIA). Mark Walls, Vice President of Communications & Strategic Analysis, explains why there appears to be little reaction in the…
November 19-21, 2014, Safety National will be attending, exhibiting and speaking at the National Workers’ Compensation & Disability Conference & Expo in Las Vegas, Nevada. Visit us at booth # 1539 and don’t miss our sessions: Risk Financing: Selecting the Best Option for Your Company – Nov. 19 at 2:30…
Safety National’s CEO, Mark Wilhelm, will participate on a CEO panel at Advisen’s Casualty Insights Conference on Tuesday, March 19th. He will join a group of CEOs from other prominent insurance carriers in a session titled, “The State of the Casualty Insurance Market,” where panelists will discuss trends related to…
Unmanageable Or Simply Unmanaged? A Look Inside An Opioid Drug Treatment Case In workers’ compensation, it is commonplace for Pharmacy Benefit Management companies (PBM’s) to inherit catastrophic cases. This study tells of one such claim that myMatrixx faced. Drug therapy costs had reached alarming heights and the claim was in…
Safety National, announced today the release of a report detailing best practices for Self-Insured Groups (SIGs). The company is the overall leading provider of excess workers’ compensation coverage in the U.S., including for SIGs. The report provides advice based on years of experience working with successful and stable groups. “Self-Insured…