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 […]
Understanding P&L Statements and Capital Expenses
The Alliance of Women in Workers’ Compensation hosted an event in Huntington Beach, CA focused on helping attendees gain understanding of business financial acumen. The event was held the day before the Executives in Workers’ Compensation Conference. The session focused on helping attendees gain an understanding profit & loss statements (P&L) and and other business […]
Risk Management Tactics & Trends for Public Entities
The public sector faces a set of unique risks and challenges. In this session at the RIMS 2019 Annual Conference & Exhibition, members of the Public Risk Management Association (PRIMA) discussed trending topics related to public entity risk management. Speakers included: David Demchak, President & CEO, Connecticut Interlocal Risk Management Agency Raymond Sibley, Director of […]
Telemedicine for Workers’ Compensation May Be the Last Frontier
Telemedicine makes it possible for injured employees to reach a qualified clinician from home or the worksite, providing a promising alternative that ensures early treatment. In this session at the RIMS 2019 Conference and Exhibition, panelists discussed how technology can improve your efforts to manage an injured employee’s health care experience. Speakers included: Ann Schnure, […]
A Closer Look at Advocacy Program Performance
Prioritizing an individual’s overall health and well-being can improve injured worker satisfaction while lowering litigation rates, medical costs and claim duration. This session at the RIMS 2019 Annual Conference & Exhibition examined potential advantages of this approach and the results from organizations who have successfully implemented such programs. Speakers included: Darin Hampton, Occupational Care and […]
Is Insurance Enough When Employees Travel?
Illness, injury, violence and potential unrest. When employees travel abroad for business, there are multiple risks that have the potential to create foreign exposures for the employer. This session at the RIMS 2019 Annual Conference & Exhibition addressed available coverage and its capacity to adequately protect employees during international travel. Speakers included: Andrew Miller, Director […]
Using Data Analytics to Drive Performance
At the 2019 RIMS Annual Conference a session discussed using data analytics and predictive modeling to assist your risk managment program. The speakers were: George Furlong – Senior Vice President, Sedgwick Jeff Rycroft – Vice President, Express Employment Professionals Zoe Zinn – Workers’ Compensation Manager, Packaging Corporation of America Predictive modeling is something that gets […]