21st Century Changes to Worker Health and Safety

At the 2019 NCCI Annual Issues Symposium, Dr John Howard, Director of the National Institute for Occupational Health and Safety, talked about emerging technology that will impact worker health and safety. Robotics have advanced so that they can perform three basic tasks. Sensing which is done through interpretation of data from environmental sensors. Thinking is […]

Results from Recent NCCI Studies

At the 2019 NCCI Annual Issues Symposium, Barry Lipton, Practice Leader and Senior Actuary for NCCI discussed a variety of recent NCCI studies. Group Health vs Workers’ Comp Pricing There are some substantial differences in how these plans are regulated. Much of group health is regulated on the Federal side, while workers’ comp is entirely […]

Data Science and Human Centered Design

At the 2019 NCCI Annual Issues Symposium, Jim Guszcza, US Chief Data Scientist with Deloitte Analytics discussed the promise of artificial intelligence and data analytics holds for the workers’ compensation industry. The fearful narrative about artificial intelligence are that computers will eventually become smarter than people and will take over the world. There is also […]

TRIA Renewal and Workers’ Compensation

At the 2019 NCCI Annual Issues Symposium, David Priebe, Vice Chairman from Guy Carpenter talked about the upcoming renewal of the TRIA backstop. Prior to 9-11 terrorism risk was included in “all risk” policies. Following those terrorist attacks the insurance marketplace indicated they were uncomfortable with terrorism risks which made securing coverage challenging for some […]

Physicians View of Workers’ Compensation

At the 2019 NCCI Annual Issues Symposium, a panel discussed the physicians view of workers’ compensation. The speakers were: David Dietz, MD – moderator Edward Bernacki, MD – Executive Director of Health Solutions, University of Texas Will Gaines Jr, MD – Dept of Occupational and Environmental Medicine, Baylor Scott & White Health Jill Rosenthal, MD […]

Economics of Workers’ Compensation

At the 2019 NCCI Annual Issues Symposium, Robert Hartwig, Professor of Finance from the University of South Carolina discussed how the economy is impacting workers’ compensation. The highlights: The economy and workers’ compensation are strongly linked. Higher employment leads to higher payrolls which is the basis for premiums. We expect 2.6 million jobs to be […]

State of the Line

At the 2019 NCCI Annual Issues Symposium, NCCI Chief Actuary Kathy Antonello gave the much anticipated “state of the line” presentation. The comparisons provided are all 2017 vs 2018 unless otherwise stated. The highlights: Property & Casualty results There was a 10.6% increase in total industry premiums. The growth was fairly consistent across multiple lines. […]

Opening Session at NCCI Annual Issues Symposium

The 2019 NCCI Annual Issues Symposium was kicked off by NCCI President and CEO Bill Donnell. Behind every workplace injury is a person. In the workers’ compensation industry this is something that we always need to keep in mind in everything we do. Based on surveys of NCCI members, their top concerns for the future […]

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