ADP reports PEO revenue up 11%
Professional employer organization revenue at Automatic Data Processing Inc. (NASD: ADP) rose 11 percent to $486.9 million in the company’s fiscal fourth quarter. ADP is performing well due to the…
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Workers Compensation
388 posts
Workers’ compensation is insurance that provides cash benefits and/or medical care for workers who are injured or become ill as a direct result of their job.
Employers pay for this insurance, and shall not require the employee to contribute to the cost of compensation. Weekly cash benefits and medical care are paid by the employer’s insurance carrier, as directed by the Workers’ Compensation Board. The Workers’ Compensation Board is a state agency that processes the claims. If Board intervention is necessary, it will determine whether that insurer will reimburse for cash benefits and/or medical care, and the amounts payable.
WCIRB Committee To Recommend Increase In Pure Premium Rates
The Workers’ Compensation Inspection and Rating Bureau of CA initially proposed a 5% increase on pure premium rates for 2014, and after further discussion, settled on an increase of just…
Obesity problems weigh on workers comp | Business Insurance
Is your PEO currently incorporating a corporate wellness program into your service offerings? Not only will this help to differentiate your PEO, but may also assist in lowering your…
Data Quality, Managing Change Key for Underwriters’ Predictive Models
The annual conference of Insurance Accounting and Systems Association, Inc. presented the benefits and challenges of the use of predictive models for underwriting, stressing the volume of quality data needed to…
FAPEO Workers’ Comp Task Force
PEO industry leaders join forces to create the FAPEO Workers’ Compensation Task Force. The Task Force was created to analyze the performance of PEOs in the workers’ compensation industry; and…
Prescriptive Analytics Can Make Big Data Pay Big | PropertyCasualty360
Big data combined with prescriptive analytics this article will take a closer look at pricing decisions. One of the most important decisions an insurer makes is around pricing. via Prescriptive…
Industry Told TRIA Wont Be Renewed Until 2014
If Congress agrees to extend the terrorism insurance backstop, known as TRIA, it will probably not do so until late next year when the program is scheduled to expire via…
Insurer Data Can Help with Workers’ Comp Claims Management: ASSE Speaker
A speaker at the American Society of Safety Engineers’ Safety 2013 conference in Las Vegas confirms, having streamlined views of loss data can help insureds identify trends, and help them take…