Data, Analytics and Management Archives

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The 72’nd Annual Workers’ Compensation Educational Conference – Orlando

Paul Hughes
August 7, 2017

Another year and another convergence of the who’s who in the field of workers’ compensation at the Marriott World Center in Orlando this week. Known as the largest insurance conference…

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Why Commercial Insurers Need To Embrace External Data To Price Emerging Risks

Sharlie Reynolds
July 24, 2017

See the very interesting and timely article below from leading analytics data provider to the insurance industry, Cytora. Arguably, there is room for improvement when it comes to the ability…

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Insurance Nerd Day 2017!

Sharlie Reynolds
July 19, 2017

…was yesterday and we did not celebrate it here on the Compass where we take that title as a compliment! July 18 is Insurance Nerd Day 25% of insurance professionals…

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California Adopts 16.5% Workers’ Compensation Rate Drop for 7.1

Paul Hughes
May 23, 2017

From the Insurance Journal… http://www.insurancejournal.com/news/west/2017/05/22/451841.htm California chose to adopt the Workers’ Compensation Insurance Rating Bureau’s (“WCIRB”) recommendation of a -16.5% drop in pure premium rates. It should be noted that…

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2016 Workers’ Compensation Combined Ratio is a 94 per NCCI

Paul Hughes
May 21, 2017

Workers’ Compensation Insurance It has been a busy month of conventions… NAPEO Legal and Legislative, RIMS and last week the NCCI. On the ground at the PACE conference in New…

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California Workers’ Compensation Rates About to Drop in July

Paul Hughes
May 8, 2017

California Workers’ Compensation Rates Last Thursday, the Workers’ Compensation Insurance Rating Bureau of California (“WCIRB”) testified before the California Department of Insurance that a 16.5% rate reduction was appropriate for…

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California Change on who can be Excluded from Workers’ Compensation

Paul Hughes
November 11, 2016

CA Workers’ Compensation “AB 2883 provides that all business workers’ comp insurance policies, including in-force policies, will be required to cover certain officers and directors of private corporations and working…

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The Workers’ Compensation Institute (WCI) Hits Orlando

Paul Hughes
August 22, 2016

It was my 17’th WCI today and it keeps getting bigger and better! Congratulations to Mssrs. Jim McConnaughhay and Steve Rissman for another stellar turn out at the annual conference. It…

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