Why Knowing Who is Impacted by COVID is so Important
Foremost, I hope that everyone is safe and sound. Now for the bummer… There will three outcomes from COVID-19 from a comp stand-point: Death (after “x” days being treated assumedly)…
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Regulators and Lawmakers Introducing Workers’ Comp to COVID-19
By Jim Sams, April 20, 2020 Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers’ compensation insurers. The…
WCIRB Releases Cost Evaluation of Conclusive COVID-19 Presumption for Workers’ Compensation
See below from the WCIRB regarding the projected cost of COVID-19 claims to be filed by ‘Essential Critical Infrastructure Workers’….At the low end, if only 4.8% of California ECI workers…
NCCI Updates on Payrolls and Experience Mods – COVID-19
The National Council of Compensation Insurance (“NCCI”) has come out over the last few days with some important calls in regard to COVID-19. Foremost, the NCCI is changing the class…
California Orders Payback of Insurance Premiums During COVID
In an unprecedented move, California Insurance Commissioner Ricardo Lara has ordered insurers that support “workers’ compensation, private passenger auto, commercial auto, commercial multi-peril, commercial liability, medical malpractice and any other…
Take a ‘Deep Dive’ Into the Nonprofit Sector: Nonprofits Treading Water as Market Hardens
April 9, 2020 by Stephanie K. Jones & Amy O’Connor The task of insuring nonprofit organizations is a complex one and agents, brokers, underwriters and carrier representatives say that in order to…
W. R. Berkley Corporation Announces Senior Executive Appointments
It’s refreshing to see some positive non-COVID news from the industry! Congrats to our PEO carrier partner, Key Risk (owned by W.R. Berkley) and its new president, Scott A. Holbrook. …
Texas Mutual Dividend Checks Arriving Two Months Early
Texas Mutual Dividend checks coming early to support policyholders We know that supporting our policyholders during this uncertain time is more important than ever, which is why our board of…