Monthly Archives: <span>January 2012</span>

Aging Workforce May Not Be So Bad for Workers’ Compensation, NCCI Says

The aging workforce may not have the negative impact on loss costs that workers’ compensation insurers have feared. New research from the industry’s National Council on Compensation Insurance (NCCI) concluded that while loss costs are higher for older workers due …

Stats, Laws and Videotape

A Year in Review for the Workers’ Compensation Market The number of fatal work injuries increased in more than half of all states, while fraud in the workers’ compensation market skyrocketed. Plus a number of new workers’ compensation laws hit …

Insurance Companies Dodge Billion-Dollar Bullet in California

Court Limits What Medical Bills Juries Can View Insurance companies, and ultimately California consumers, avoided a windfall sought by the Consumer Attorneys of California to the tune of more than $3 billion dollars per year. On Aug. 18, 2011, the …

True Costs of Injuries Serve as Best Workplace Safety Motivator

OSHA rules, regulations and enforcement actions are one way to get businesses to improve safety at the workplace. But improving safety goes far beyond government regulation and enforcement of the law. Some say an examination of the true cost of …

Recalls

GM Recalls Chevrolet Sonics to Check Brake Pads General Motors Co. is recalling more than 4,000 of its 2012 Chevrolet Sonic subcompact cars to check for missing brake pads. Some Sonics could be missing an inner or outer brake pad, …

Point of Pride

Welcome to the premier issue of Claims Journal magazine, where property/casualty insurance claims professionals turn for news, trends, analysis and best business practices. Claims Journal magazine is the newest point of pride within the Wells Publishing network that includes www.ClaimsJournal.com, …

Trip vs. Slip: A Biomechanic View

Understanding the Legal and Financial Implications Between a ‘Trip’ and a ‘Slip’ The legal and financial ramifications of an accident on a business’ property balance precipitously on the analysis of a “slip and fall” versus a “trip and fall.” There …

Business Moves

Cover-All Technologies Inc. Cover-All Technologies Inc., a Delaware corporation, acquired the assets of BlueWave Technology, including its insurance claims software, PipelineClaims, in a cash transaction. The Cover-All/BlueWave browser-based claims administration software will be marketed both as a stand-alone product, as …

Before and After: Precious Moments

A family in northern Ohio returned home late one night to find their house burned to the ground. Looking at the devastation, no one thought anything could be saved. CRDN of North Central Ohio was called in by the board-up …

How to Effectively Use Examinations Under Oath

An examination under oath is one of the most useful tools available to insurers and when done right, can also be a help to insureds. An examination under oath (EUO) is a formal proceeding during which an insured, under oath …