For years experts have been talking about the "gray tsunami" that threatened the workers’ compensation industry. The crushing wave said to be coming was not one of earth temblors and overwhelming waves, but rather a current of retirement from an aging and long-entrenched workforce
While the traditional view of claims is that it sits towards the back of the value chain, that is changing, a speaker said Wednesday during KPMG’s 30th annual insurance conference. The evolving role of claims was one of four macro (or high-level) trends discussed during the Reimagining Operations session at the virtual conference.
In his 2015 stand-up special The Comeback Kid, stand-up comedian John Mulaney joked that the government had ‘[become] like cool parents’ when it came to marijuana. It’s a claim many an onlooker would agree with.
The death of an employee is certainly a difficult matter for an employer, even when the employee’s death happened away from the workplace and was in no way related to work.
A valiant effort by a California workers’ compensation carrier to make it more difficult for an employee to argue employer fault and settle around a workers’ compensation carrier’s statutory lien and right of reimbursement fell on deaf ears recently, when the California Court of Appeals rejected the notion that the workers’ compensation carrier has adequate standing to challenge . . .
More than 40 million Americans have been diagnosed with Covid-19, and research suggests that between a quarter to a third of them will develop long-haul Covid, a mysterious illness characterized by persistent symptoms that include severe fatigue, cognitive impairment, and respiratory problems that may leave more than 20% of patients unable to return to work.
Nothing about the U.S. decision to pull out of Afghanistan has been easy. The impact has been felt around the globe, and the long-term ramifications are still to be determined. For the insurance industry, one of the unexpected areas affected by the withdrawal involves workers’ compensation claims.
The National Workers’ Compensation and Disability Conference (National Comp) presented by Risk & Insurance® will return to Las Vegas in-person after last year’s virtual event.
We are at the precipice of a potential upheaval in workers’ compensation recovery rights in the Aloha State. The Hawaii Supreme Court is about to decide whether equitable considerations and defenses to subrogation—such as the common law Made Whole Doctrine or Common Fund Doctrine—are to be applied to statutory workers’ compensation liens.
Historically, marijuana has been classified as a Schedule I drug under the federal Controlled Substances Act of 1970. Specifically, marijuana with a THC level of 0.3 percent or higher is considered to have ‘no accepted medical use,’ and has a high potential for abuse and physical or psychological dependence.
Do not make bad case law. We hear this from our mentors, our supervisors, at our continuing education seminars. We appeal bad rulings knowing that, in Georgia and some other jurisdictions, appeals are discretionary for workers’ compensation claims.
Crawford & Company, the world’s largest publicly listed independent provider of claims management and outsourcing services to carriers, brokers and corporations, has announced that Marie Velez, vice president of finance at Crawford & Company in Latin America, has been named Woman of the Year at the Stevie International Business Awards.