Continued Underwriting Losses in Personal Lines Impact P&C Insurance Profitability
The property and casualty sector faces ongoing underwriting losses, with personal lines being a significant contributor, despite improving trends.
May 15, 2024
Auto
Insurance Industry
Underwriting
Workers' Compensation
Court Allows Employee Shot by Co-worker to Sue Employer Despite Workers’ Compensation Denial
A Florida court has ruled that an employee shot by a co-worker can sue his employer after being denied workers’ compensation benefits.
May 14, 2024
Insurance Industry
Liability
Litigation
Workers' Compensation
Florida
Iowa Supreme Court Revises Interpretation of Vascular Injury Compensation
The Iowa Supreme Court clarifies a longstanding misinterpretation in workers’ compensation law regarding vascular injuries.
May 14, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Iowa
Adapting Claims Adjusting to the Modern Era of Technology and Data
Claims adjusters face new challenges with AI and data integration, requiring continuous adaptation and skill enhancement.
May 14, 2024
Education & Training
Insurance Industry
Technology
Workers' Compensation
Shifting Dynamics: Embracing Horizontal Relationships in Workers’ Compensation Claims Handling
Transforming the relationship between claims adjusters and injured workers into a collaborative partnership can enhance fairness and efficiency in workers’ compensation claims.
May 13, 2024
Education & Training
Insurance Industry
Risk Management
Workers' Compensation
Overworked and Overwhelmed: Adjusters Voice Concerns Over High Claim Volumes
In an eye-opening discussion on Reddit, claims adjusters from various companies share their struggles with high volumes and burnout.
May 10, 2024
Insurance Industry
Workers' Compensation
The Future of AI in Workers Compensation Claims Management
Artificial intelligence is set to revolutionize workers compensation claims, with AI teams providing holistic support to human adjusters.
May 10, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
Study Reveals Increased Workplace Accidents Due to High Heat
A new report by the Workers Compensation Research Institute highlights a 5-6% increase in work-related accidents when temperatures exceed 90 degrees, particularly in the southern U.S. and construction industry.
May 10, 2024
Insurance Industry
Life & Health
Risk Management
Workers' Compensation
Appeals Court Reverses Summary Judgment in Pork Processor Worker Injury Case
The Iowa Court of Appeals reverses a premature summary judgment in a case involving a staffing agency worker injured by a forklift.
May 10, 2024
Insurance Industry
Legislation & Regulation
Litigation
Workers' Compensation
Iowa
NYC Sees Improved Construction Safety but Faces Challenges with Rising Injuries
The latest NYC Construction Safety Report reveals a significant reduction in fatalities but an uptick in worker injuries, highlighting both progress and ongoing safety challenges in the construction sector.
May 8, 2024
Insurance Industry
Property
Workers' Compensation
New York
Wegmans Reduces Litigation and Enhances Worker Recovery with AI-Enhanced Claims Management
At Wegmans, AI technology has slashed litigation rates and improved response times in workers’ compensation claims, leading to faster, more effective treatment.
May 8, 2024
Insurance Industry
Litigation
Risk Management
Technology
Workers' Compensation
New York
Adjusters Discuss Claim Volume and Workload Challenges
Insurance adjusters express concerns over increasing claim volumes and the impact on work-life balance, highlighting industry challenges.
May 7, 2024
Insurance Industry
Property
Technology
Workers' Compensation
Texas
Sentry’s Injured Worker Well-being Report Highlights Crucial Link Between Behavioral Health and Recovery Outcomes
Sentry’s recent report underscores the significant effect of behavioral health on workers’ compensation claims, urging early intervention.
May 7, 2024
Life & Health
Risk Management
Technology
Workers' Compensation
Wisconsin
Insurance Claims Analysis Shows Decline in Prescription Costs and Opioid Use in 2023
A comprehensive review of 2023 highlights reduced prescription costs and significant declines in opioid use within the insurance industry.
May 2, 2024
Life & Health
Risk Management
Technology
Workers' Compensation
Progressive Insurance Plans Massive Hiring Drive in 2024
Progressive Insurance is set to recruit over 10,000 employees across the U.S. in 2024, expanding its workforce to support customer growth.
April 29, 2024
Education & Training
Insurance Industry
Technology
Workers' Compensation
