The average total cost per workers’ compensation claim in Tennessee decreased 6 percent in 2015, reflecting in part the impact of reforms enacted in 2013, according to a recent Workers Compensation Research Institute (WCRI) study. “Most of the 6 percent …
State Compensation Insurance Fund, California’s stable provider of workers’ compensation insurance, reported that it had significantly reduced the number of opioid prescriptions for injured workers by 60 percent since launching its opioid-reduction program in 2014. State Fund implemented a comprehensive …
The average total cost per workers’ compensation claim in Indiana was stable in the years since the state enacted workers’ compensation system reforms, according to a recent Workers Compensation Research Institute (WCRI) study. The study, CompScope Benchmarks for Indiana, 18th …
During last week’s National Council on Compensation Insurance’s Annual Issues Symposium (AIS) — The Future@Work held in Orlando, Fla., NCCI’s Chief Actuary Kathy Antonello, delivered the State of the Line Report, providing the audience with a detailed description of 2017 …
The average total cost per workers’ compensation claim in Florida has grown moderately in recent years, according to a recent study by the Workers Compensation Research Institute (WCRI). All of the key components of total costs per claim experienced moderate …
Hawaii’s insurance commissioner has made it clear that homes destroyed or damaged in the recent lava flow into a Hawaii neighborhood are covered for the damage under homeowners insurance policies. Gordon Ito, who has been the state’s insurance commissioner since …
The insurance costs for the monster hailstorm that pounded Colorado’s Front Range on May 8, 2017 have skyrocketed from an initial estimate of $1.4 billion to $2.3 billion – maintaining its infamous ranking as Colorado’s most expensive insured catastrophe. The …
Over the past five years, Nationwide processed more than 10,000 workers’ compensation claims due to a multitude of accidents from construction-related businesses. One of the most common — and costly — causes of claims occur when construction workers fall from …
Illinois’ House of Representatives has passed a bill that would create a state-monitored insurance company with the intention of driving down workers’ compensation insurance costs in the state. The House voted 62-43 on a plan that would establish an independent …
Gov. Tom Wolf is vetoing a bill that would have directed prescription drugs to be ordered off a formulary under Pennsylvania’s workers’ compensation program. Wolf, a Democrat, said in a statement Friday that the drug formulary proposal would have saved …