Workers' Comp

Risk managers seeking to control the cost of workers compensation coverage can find an effective weapon by utilizing claims data and performing analyses that will help them deal with the most expensive claims.

With Walmart, one of Texas largest private employers, dropping out of the states workers compensation system in March, Texas unique approach to workers comp. is receiving renewed attention from both critics and supporters, according to stories in The New York Times and the Texas Tribune.

National Underwriter risk board members and RIMS veterans weigh in on their past experiences, present hopes and future expectations of the 2012 Risk and Insurance Management Society Conference.

The economy is down, and fraud is upalong with consumer acceptance of fraudulent behavior. A best-practices approach requires using new and established tools and building a reputation for being aggressive in the fight against fraud. Four insurers reveal how theyre waging war against fraudsters.

Based on a new Government Accountability Office study, the insurance industry and plaintiffs lawyers are renewing their call for passage of legislation that they argue would make the Medicare Secondary Payment program work better.

Property and casualty insurance rates are continuing their climb upward with evidence that commercial lines and personal lines are showing low single digit increases, according to MarketScout.