Month: February 2019
MPL Gets a Cautionary Bill of Health—With a Caveat
According to the Professional Liability Underwriting Society (PLUS), Medical Professional Liability (MPL) continues to evolve in all segments of the market. And although PLUS reports that the MPL market in on track to progress, MPL insurers continuously face the challenges of being able to adequately measure, price, and manage risk. Complicating these challenges is the…
New Tool to Enhance Claims Outcomes Featured at SIIA Conference
The claims concierge rapid response model will be a featured session at the Workers’ Compensation Executive Forum on May 8, 2019 in Nashville. Covering methodology and front-line experience, the claims concierge session will share with conference attendees a system designed to enhance employee recovery and prevent adversarial claims. The annual Forum, an educational and networking…
World Captive Forum—a Great Excuse to Visit Miami in the Winter
More than 300 attendees enjoyed more than just beautiful Miami weather recently at the Business Insurance World Captive Insurance Forum. The meeting, which included an exhibit hall and educational conference, was great opportunity to mix with friends in the industry, and served to help all stakeholders learn more about trends and new technologies in the…
Mega-Claims Under Scrutiny
Mega-claims, defined by the National Council on Compensation Insurance (NCCI) as claims for which $10M or more has been paid or is expected to be paid, are an area of concern to workers’ compensation insurers of all sizes. NCCI reports that in the United States there was an uptick in the number of mega claims…
How Businesses Can Prevent Workers’ Compensation Audits and Mistakes
This article was written by Gerry Dumke, Vice President of Underwriting at Caitlin-Morgan Insurance Services, a provider of insurance and risk management services for assisted living facilities and nursing homes. Reprinted here with permission. Workers’ compensation insurance is a critical part of the business world. This specialized insurance is designed to protect business assets as well as…
