Recent FDA approval of suzetrigine, representing the first new class of pain medication in more than 20 years, is generating excitement among workers’ compensation professionals who have long been looking for a viable alternative to opioids. Suzetrigine is an oral …
This is set to be the year generative artificial intelligence significantly starts to change how Americans live and work, most notably in the property/casualty industry as companies strive to balance efficiency and costs with investments in systems, training and management. …
Claims from collisions involving battery electric and internal combustion engines rose compared with last year while claims frequencies also rose, according to a new report that also shows a growing parity in loss outcomes of collisions involving battery electric vehicles …
Physician charges per unit increased by 11% nationally for worker’s compensation from the first quarter of 2020 through the first quarter of 2023, a new report shows. Enlyte’s latest Quarterly Medical Price Index Report delves into first- and third-party auto …
While overall utilization is trending downward, cost of prescriptions in workers’ compensation is on the rise, driven by “high-dollar topical agents” that primarily come from out-of-network channels, as well as increased utilization and spend on migraine medicines, and rising trends …
Davies Acquires IRS London-based international claims administrator Davies has acquired Insurance Risk Services. IRS, based in Lake Mary, Fla., conducts underwriting inspections for residential and commercial properties. The company operates a network of more than 1,000 field inspectors, Davies said …