Workers’ Compensation Outpaces P&C Lines with Sustained Profitability and Low Claims Frequency
Workers’ compensation continues to boost the property and casualty insurance industry with an 88.7 combined ratio in 2023, driven by reduced claims frequency, workplace safety, and competitive market conditions.
September 23, 2024
Insurance Industry
Legislation & Regulation
Risk Management
Workers' Compensation
Insurance HR Professionals Tackle Talent Retention and AI Concerns in 2024
Insurance industry HR leaders continue to battle long-standing challenges like talent retention, while preparing for AI’s impact on workforce management in 2024.
September 18, 2024
Insurance Industry
Risk Management
Technology
Workers' Compensation
Pennsylvania Court Upholds Widow’s $2.3M Asbestos Verdict, Orders Full Delay Damages
A Pennsylvania appeals court upheld a $2.3 million verdict for the widow of a mesothelioma victim, ruling that COVID-19-related court delays do not exempt defendants from paying full delay damages in asbestos cases.
September 18, 2024
Liability
Litigation
Risk Management
Workers' Compensation
Pennsylvania
UPS Driver Wins $237.6 Million in Racial Discrimination and Retaliation Lawsuit
A UPS driver was awarded $237.6 million in a racial discrimination lawsuit after a jury found he was subjected to a hostile work environment and unjustly fired. UPS plans to appeal the decision.
September 16, 2024
Litigation
Workers' Compensation
California
Oregon
Washington
Shifting Workers’ Comp Focus Toward Recovery Outcomes for Faster Return to Work
Software is helping injured workers track their recovery, shifting the focus in workers’ compensation from cost containment to achieving faster, better outcomes that benefit both employees and employers.
September 16, 2024
Risk Management
Technology
Workers' Compensation
Improving Workplace Safety to Reduce Workers’ Compensation Costs
Employers and claims professionals must prioritize injury prevention, safety culture, and risk management strategies to control workers’ compensation claims and costs across various industries.
September 13, 2024
Education & Training
Litigation
Risk Management
Workers' Compensation
Silica Dust Exposure Drives Enforcement and Mitigation Actions Across States
Regulators are intensifying efforts to mitigate silica dust exposure, leading to significant fines and actions to prevent lung injuries in industries like stone fabrication and countertop manufacturing.
September 11, 2024
Legislation & Regulation
Litigation
Risk Management
Workers' Compensation
California
Illinois
U.S. Commercial Insurance Prices Climb 5.9% in Second Quarter of 2024
U.S. commercial insurance rates rose by 5.9% in Q2 2024, with notable hikes in excess liability and commercial auto, while workers’ comp, cyber, and D&O liability saw price decreases.
September 11, 2024
Auto
Liability
Property
Workers' Compensation
Soccer Player Wins Second Chance for Knee Injury Claim Appeal
A professional soccer player’s workers’ compensation claim was revived after a court ruled her right knee injury could be related to a prior left knee injury from her playing days, despite earlier denials.
September 9, 2024
Liability
Litigation
Workers' Compensation
District Of Columbia
X Faces Class Action Over Alleged Age Discrimination in Mass Layoffs
A federal judge has allowed roughly 150 former workers over age 50 to pursue a class action lawsuit against X, alleging age discrimination in the company’s 2022 mass layoffs under Elon Musk’s ownership.
September 5, 2024
Insurance Industry
Legislation & Regulation
Litigation
Workers' Compensation
California
Buddy System for Workplace Safety Faces Challenges Despite Its Benefits
While the buddy system is often praised for improving worker safety in high-risk environments, experts warn of potential downsides, including inconsistent practices, cost concerns, and reduced management oversight.
September 4, 2024
Liability
Risk Management
Workers' Compensation
Colorado
Connecticut
Missouri
Balancing Return to Work with Safe Accommodations for Injured Workers
Nurse Case Managers play a critical role in workers’ compensation, focusing on guiding injured workers back to gainful employment while ensuring safe accommodations are in place to prevent re-injury or setbacks.
September 3, 2024
Education & Training
Liability
Risk Management
Workers' Compensation
Tennessee Supreme Court Upholds State’s Workers’ Compensation Injury Definition
Tennessee’s definition of "injury" for workers’ compensation, requiring proof that employment contributed more than 50% to the injury, has been upheld as constitutional by the state’s Supreme Court, despite a worker’s challenge.
August 29, 2024
Insurance Industry
Legislation & Regulation
Litigation
Workers' Compensation
Tennessee
Increased Heat Levels Raise Workplace Injury Risks, Workers’ Compensation Data Reveals
A recent analysis by Colorado’s largest workers’ comp insurer highlights a 52% rise in workplace injuries when temperatures exceed 90 degrees (F), emphasizing the importance of heat safety measures for indoor and outdoor workers.
August 27, 2024
Insurance Industry
Risk Management
Workers' Compensation
Colorado
Vertical Integration in Healthcare: Impacts on Workers’ Compensation Costs and Medical Management
As vertical integration rises in healthcare, workers’ compensation professionals must navigate increased medical management costs and explore data-driven strategies to ensure favorable claim outcomes.
August 21, 2024
Risk Management
Technology
Workers' Compensation
