Originally published on Insurance Thought Leadership | April 6, 2021 The insurance industry relies heavily on actuarial models and benchmarks to analyze performance and predict future exposures. One of the core assumptions is that most components of the analysis mirror conditions similar to the past. However, the pandemic introduced several…
Originally published on Insurance Thought Leadership | January 21, 2021 Out Front Ideas with Kimberly and Mark kicks off every year with our popular 20 Issues to Watch webinar. While there are certainly more than 20 issues to discuss after the unprecedented events of 2020, we focused on the high-impact…
Originally published on Insurance Thought Leadership | January 7, 2021 Because workers’ compensation premiums are usually driven by employer payroll, carriers audit the payroll figures to ensure that the worker classifications are accurate and that the premiums reflect the covered risks. States and the rating bureaus have stringent rules around…
Originally published on The CLM | November 16, 2020 Submission of a Medicare Set-Aside (MSA) to the Centers for Medicare & Medicaid Services (CMS) is a recommended but voluntary procedure. CMS states there “are no statutory or regulatory provisions requiring that a Workers’ Compensation Medicare Set-Aside (WCMSA) proposal be submitted…