Too often workers’ compensation legacy claims that linger are the result of a status quo mentality, according to workers’ compensation experts. When claims are on autopilot and claimants refuse to settle, there are strategies that can be employed to move …
The decision to hire independent counsel on a claim can be wrought with pitfalls, according to Kevin Quinley, founder and principal of Quinley Risk Associates. During an interview with Claims Journal for his Claims Insights podcast series, he offered six …
Due to multiple catastrophes during the first nine months of 2017, property/casualty insurers saw profits plummet, according to the latest Verisk report on the state of the industry. Even so, P/C insurers are doing well, said Beth Fitzgerald, senior vice …
Scenario-based modeling has been used for property risk for some time, but its application in the casualty area is recent, according to Robin Wilkinson, vice president and managing director of Casualty Analytics at AIR Worldwide, a Verisk business. In an …
Though states and the federal government remain at odds on marijuana legalization, the drug is gaining traction as a viable treatment in workers’ comp claims. In a recent discussion with Claims Journal, Brian Allen, vice president of government affairs for …
Developing a compliance program to adhere to Medicare Secondary Payer (MSP) provisions is key to avoiding exposure to lawsuits and damages related to recovery demands, according to Shawn Deane, vice president of Product Development at ISO Claims Partners. During an …
Changes in the cyber insurance market are expected to bring challenges to claims departments, according to Tom Johansmeyer, assistant vice president at PCS, a division of Verisk Insurance Solutions. In an interview with Claims Journal, he explained that as the …
Consumers continue to report concern during online transactions and social media use but don’t always maintain safeguards to protect themselves, according to Prashant Pai, vice president of cyber offerings strategy at Verisk Analytics. In a recent interview with Claims Journal, …
Recent attention surrounding sexual harassment claims in the entertainment industry highlight the exposure. Though cases rarely go to trial, a thorough investigation can aid in limiting damages, according to two insurance defense lawyers. In employment practices liability insurance (EPLI) claims, …
A committee tasked with revamping a national workplace study released a 200-page report recently recommending major changes in workplace surveillance. The goal, according to the committee, is to reduce the health burden caused by injuries in the workplace. The report …