In The News

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…

Executives Rock Out in Battle of the Corporate Bands

Each fall for the past 10 years, St. Louis corporate rock bands have rocked out hoping to bring in donations to benefit United Way of Greater St. Louis. Safety National’s band, Driven to Excess, has been a participant and multi-year winner, with its eyes on the prize for 2015. View…

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.

Taking a New Look at the Grand Bargain

“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.

Key Components to Selecting a Workers’ Compensation Reinsurer

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’…

Technology – A Critical Component to Policy Services Best Practices

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.

RIMS Review

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…

Maintain a Competitive Advantage by Implementing Policy Services Best Practices

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.  

States—Not Feds—Should Oversee Workers’ Comp; Reform Challenges Mount

The fate of the “exclusive remedy” feature of the workers’ compensation system rests in the hands of the courts in several states, and a new OSHA reporting rule could deliver a brand new weapon to plaintiffs’ attorneys to erode it in the rest, a comp insurance expert reported last month….

Self-Insuring Workers’ Comp

Seth Smith, Senior Vice President of Excess Workers’ Compensation Underwriting, tells Rough Notes why self-insuring workers’ compensation can be one of the best alternatives for employers who want control. View the full article here.

Blunt Talk About Marijuana

Mark Walls, VP of Communications & Strategic Analysis, writes about the evolving world of medical and recreational marijuana as it relates to workers’ compensation in this cover story in Workers’ Compensation Magazine. View the article here.

Workers’ Comp Not ‘Demolished’: What ProPublica Neglected to Tell You

Mark Walls, Vice President Communications & Strategic Analysis, does not fully agree with the feature report published by ProPublica on “The Demolition of Workers’ Comp.” PC360 published his response. View the full article here.